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Analyst’s Review on: Entegris, Inc. (ENTG)

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The shares of Entegris, Inc. (NASDAQ:ENTG) currently has mean rating of 2.00 while 1 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 1 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 278.93M by 4 analysts. The means estimate of sales for the year ending Dec-16 is 1.11B by 4 analysts.

The mean price target for the shares of Entegris, Inc. (ENTG) is at 16.30 while the highest price target suggested by the analysts is 16.00 and low price target is 14.50. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Entegris, Inc. (ENTG) stands at 0.20 while the EPS for the current year is fixed at 0.82 by 5 analysts.

The next one year’s EPS estimate is set at 0.92 by 4 analysts while a year ago the analysts suggested the company’s EPS at 0.82. The analysts also projected the company’s long-term growth at 12.50% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Entegris, Inc. (ENTG) reported earnings of $0.17. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 13.30%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On April 27, 2016 Entegris, Inc. (ENTG) announced its new Aramus™ 2D bag assembly for single-use bioprocessing applications. Available in 500-ml, 1-liter and 2-liter sizes, Aramus assemblies use ultrapure, advanced film technology that is comprised of one fluoropolymer, gamma-stable film in a single layer. The new film provides an increased level of security and protection from particles and eliminates many of the common extractables from traditional single-use bags that can leach into bioprocessing fluids. The new bag – along with associated clamps, tubing and fittings that complete the assembly – represents the first of a future suite of single-use products that Entegris will offer under the Aramus brand.

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