A Glimpse Into The Expert Outlook On Entegris Through 11 Analysts
Portfolio Pulse from Benzinga Insights
Entegris (NASDAQ:ENTG) has been analyzed by 11 analysts, showing a diverse range of perspectives with an average 12-month price target of $145.55, marking a 21.51% increase from the previous target. The company, a supplier of materials and process solutions for high-technology industries, faces challenges with a revenue decline of -14.14% and below-average ROE and ROA, despite a strong net margin of 4.68%. Analysts' ratings and price targets have been updated, reflecting changing market dynamics and company performance.
March 07, 2024 | 2:00 pm
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Entegris has received mixed analyst ratings with an updated average 12-month price target of $145.55, indicating a potential upside. However, the company faces challenges with a significant revenue decline and below-average ROE and ROA.
The mixed analyst ratings and the significant increase in the average price target suggest a cautiously optimistic outlook for Entegris. However, the company's financial challenges, including a notable revenue decline and below-average performance metrics, may temper short-term stock performance. The strong net margin indicates efficient cost management, which could support profitability. The overall impact on the stock price is neutral in the short term, as positive analyst sentiment may be offset by underlying financial challenges.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100