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Olivier Blachier, the Senior Vice President and Chief Strategy Officer of Entegris Inc. (NASDAQ:ENTG), recently sold 984 shares of the company’s common stock. The transaction, which took place on February 21, 2025, was conducted at an average price of $108 per share, amounting to a total of $106,272. This sale was carried out pursuant to a Rule 10b5-1 trading plan established by Blachier in February 2024.
Additionally, on February 20, Blachier had 500 shares automatically withheld to cover tax obligations related to the settlement of restricted stock units. These shares were valued at $107.99 each, totaling $53,995. Following these transactions, Blachier holds approximately 10,903 shares of Entegris stock. The company maintains strong liquidity with a current ratio of 3.08, and analysts have set price targets ranging from $115 to $150. For deeper insights into Entegris’s valuation and financial health, including exclusive ProTips and comprehensive analysis, check out the detailed research report available on InvestingPro.
In other recent news, Entegris Inc reported fourth-quarter 2024 earnings that surpassed analyst expectations, with adjusted earnings per share (EPS) of $0.84 and revenue reaching $849.84 million, an 11% year-over-year increase. However, the company provided first-quarter 2025 guidance below consensus estimates, forecasting adjusted EPS between $0.64 and $0.71 and revenue in the range of $775 million to $805 million. Analysts from Citi responded by raising their price target for Entegris to $125, maintaining a Buy rating, while emphasizing the company’s potential for market outperformance driven by node transitions and growth in advanced packaging.
Conversely, BMO Capital Markets adjusted their price target to $131 from $135, while still rating the stock as Outperform, due to slightly lower-than-expected guidance for 2025. They remain optimistic about Entegris’ long-term growth potential, noting the company’s strong finish to 2024 and continued margin expansion. KeyBanc Capital Markets also adjusted their price target, reducing it to $141 while maintaining an Overweight rating, citing a modestly adjusted growth trajectory for the years 2025-2026.
The analysts from these firms underscore Entegris’ strategic positioning and potential for growth despite near-term challenges, with particular emphasis on semiconductor market dynamics and regulatory impacts. The company’s management remains confident in outperforming the market, with projections for full-year revenue growth to exceed the market by 4-5% through 2025.
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