Entegris Q3 2024 Earnings Preview
ENTG Stock | USD 104.96 0.56 0.53% |
Roughly 56% of Entegris' investor base is looking to short. The analysis of overall sentiment of trading Entegris stock suggests that many investors are alarmed at this time. The current market sentiment, together with Entegris' historical and current headlines, can help investors time the market. In addition, many technical investors use Entegris stock news signals to limit their universe of possible portfolio assets.
Entegris |
Entegris to announce Q3 earnings on Nov 4. Consensus EPS estimate 0.78 and Revenue estimate 832.38M .
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Entegris Current Investor Sentiment
Panic Vs Confidence
44
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Entegris' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Entegris.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Entegris Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Entegris can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Entegris Historical Investor Sentiment
Investor biases related to Entegris' public news can be used to forecast risks associated with an investment in Entegris. The trend in average sentiment can be used to explain how an investor holding Entegris can time the market purely based on public headlines and social activities around Entegris. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Entegris' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Entegris and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Entegris news discussions. The higher the estimate score, the more favorable the investor's outlook on Entegris.
Entegris Fundamental Analysis
We analyze Entegris' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entegris using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entegris based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Entegris is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Entegris Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Entegris stock to make a market-neutral strategy. Peer analysis of Entegris could also be used in its relative valuation, which is a method of valuing Entegris by comparing valuation metrics with similar companies.
Peers
Entegris Related Equities
VECO | Veeco Instruments | 1.84 | ||||
COHU | Cohu | 0.50 | ||||
IPGP | IPG Photonics | 0.23 | ||||
KLAC | KLA Tencor | 0.11 | ||||
UCTT | Ultra Clean | 0.21 | ||||
TER | Teradyne | 0.89 | ||||
AMAT | Applied Materials | 1.09 | ||||
NVMI | Nova | 1.23 | ||||
ACLS | Axcelis Technologies | 1.26 | ||||
ICHR | Ichor Holdings | 1.44 | ||||
LRCX | Lam Research | 1.54 | ||||
KLIC | Kulicke | 3.24 | ||||
ASYS | Amtech Systems | 3.95 | ||||
PLAB | Photronics | 4.65 |
Complementary Tools for Entegris Stock analysis
When running Entegris' price analysis, check to measure Entegris' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entegris is operating at the current time. Most of Entegris' value examination focuses on studying past and present price action to predict the probability of Entegris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entegris' price. Additionally, you may evaluate how the addition of Entegris to your portfolios can decrease your overall portfolio volatility.
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