Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Entegris (ENTG) , which belongs to the Zacks Electronics - Manufacturing Machinery industry. This maker of equipment used in chip manufacturing has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.45%. For the most recent quarter, Entegris was expected t ...

Entegris (ENTG) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.43%. A quarter ago, it was expected that this maker of equipment used in chip manufacturing would post earnings of $0.61 per share when it actually produced earnings of $0.68, delivering a surprise of 11.48%. Over the l ...

PRESS RELEASE | --- | --- | --- | --- | |--------------------------------------------------------|-------------------------------|------------------------------|-----------------------------| | GAAP Results \nNet sales | Jun 29, 2024 \n$812,652 | Jul 1, 2023 \n$901,000 | Mar 30, 2024 \n$771,025 | | Gross margin - as a % of net sales | 46.2 % | 42.6 % | 45.6 % | | Operating margin - as a % of net sales | 16.0 % | 29.7 % | 15.3 % | | Net income | $67,696 | $197,646 | $45,266 | | Diluted earnings per common sh ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

PRESS RELEASE Bill Seymour VP of Investor Relations T + 1 952 556 1844 bill.seymour@entegris.com Exhibit 99.1 ENTEGRIS REPORTS RESULTS FOR FIRST QUARTER OF 2024 BILLERICA, Mass., May 1, 2024 - Entegris, Inc. (NASDAQ: ENTG), today reported its financial results for the Company's first quarter ended March 30, 2024. Bertrand Loy, Entegris' president and chief executive officer, said: "We are pleased with our positive start to the year. Sales of $771 million were at the high end of our guidance. Adjusted EBITDA ...

 Key PointsFive key trends should be at the top of investors' minds as they enter the new quarter.Working through the fundamental trends, all the way to sector-specific interests in the stock market, there is opportunity at each turn.Wall Street price targets and EPS projections support the upcoming capital rotation.5 stocks we like better than Taiwan Semiconductor ManufacturingThe global financial markets are like a machine, and each asset class acts as a cog that twists and turns each cycle. Today, there ...

PM Images Entegris, Inc. (NASDAQ:ENTG) appears to be receiving a lot of attention because of recent earnings growth expectations for 2024 and price momentum increases. I believe that the total amount of recurrent sales is a good reason to follow the stock. In addition, careful research of ENTG's corporate documents reveals that the company is going through many changes that include severance costs and sale of divisions, which may facilitate deleveraging the balance sheet. In my view, we could see significan ...

PonyWang Summary Readers may find my previous coverage via this link. My previous rating was a buy as I believed Entegris' (NASDAQ:ENTG) growth had bottomed, and gross margins would see expansion moving forward; with both factors driving an upward revision of its multiple. As of April 8th, the ENTG share price has touched my target price of $139.40; hence, I think it is time for an update. I am reiterating my buy rating for ENTG as I remain very positive about the strong operating performance up ahead. ...

BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (Nasdaq: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, announced today it has completed the sale of its Pipeline and Industrial Materials business (PIM) to SCF Partners, Inc. (“SCF”), an energy investment firm, for a purchase price of up to $285 million, consisting of $260 million in cash that has been received at closing, subject to customary post-closing adjustment, and a $ ...

The Zacks Electronics - Manufacturing Machinery industry is suffering from challenging macroeconomic conditions globally. Softness in the 3D NAND end-market has been a headwind. However, industry participants are benefiting from increased capital spending on high-performance computing, AI, mobility, augmented reality and virtual reality, advanced packaging, lithography and wet processing solutions by semiconductor manufacturers. The ongoing transformation in cloud computing is noteworthy. Entegris (ENTG) an ...