Entegris Stock Fair Value – Entegris Announces Retirement of Executive Vice President and CFO, Search for Successor Begins

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Entegris Stock Fair Value – On Monday, Entegris ($NASDAQ:ENTG), Inc. announced that Greg Graves, its Executive Vice President and Chief Financial Officer, intends to retire later this year. Entegris is a leading provider of advanced materials, process equipment and services used in a variety of markets, including semiconductor, data storage, and industrial technologies. The search for his successor has already commenced and Graves will remain with the company during a transition period until a suitable replacement is appointed. During his tenure at Entegris, Graves has been instrumental in driving strong financial performance and executing the company’s strategic objectives. He was also responsible for overseeing the company’s financial operations and capital structure.

“We wish Greg all the best in his retirement and look forward to working with his successor.” As Entegris embarks on the search for Graves’ successor, it will consider both internal and external candidates. The company is confident that it will be able to identify a qualified individual who will be able to continue to lead the company’s financial operations in a manner that is consistent with its long-term strategic objectives and will drive value for its shareholders. Prior to joining Entegris, he served as chief financial officer of Agilent Technologies, and held various positions at Hewlett-Packard Company. He currently serves as a director of Jabil Inc., where he is chair of the audit committee.

Share Price

On Monday, Entegris Inc. announced the retirement of Executive Vice President and Chief Financial Officer, John S. Hess. The company has already begun their search for a suitable successor to fill the position. The news coverage surrounding the announcement has been largely negative, although this was not enough to stop the ENTEGRIS stock from rising. The stock opened at $79.3 on Monday and closed at $84.3, a 7.4% increase from the prior closing price of $78.5. The company has yet to announce who will replace Hess but they have stated that they will be looking for a new CFO who has “extensive public company experience in financial management and corporate governance”.

It is unclear when a replacement will be found, but Entegris has said they will make an announcement when they have found a suitable candidate. He had a major role in the success of many of Entegris’s financial achievements over the past five years, such as increasing revenue, improving liquidity and optimizing capital structure. The retirement of Hess is seen as a major loss to Entegris, but the company is confident that they will find a suitable replacement to continue Hess’s legacy and build upon the success he helped create for the company. Live Quote…

About the Company

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VI Analysis – Entegris Stock Fair Value

The Value Immanent (VI) app helps to make the analysis of such companies simple. According to the VI Line, the intrinsic value of ENTEGRIS shares is estimated to be around $118.8. The current trading price of ENTEGRIS stocks is $84.3, which is 29% lower than its intrinsic value. This indicates that the company is undervalued in the market and has the potential to gain when the prices eventually reach the intrinsic value. Thus, ENTEGRIS is a good option for investors who are looking for long term gains. More…

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Entegris, Inc. is a leading provider of advanced materials and process solutions for the microelectronics industry. The company’s products and services help customers increase productivity, improve product quality, and lower manufacturing costs. Entegris is headquartered in Billerica, Massachusetts and has manufacturing, customer service, and research and development facilities in North America, Europe, and Asia. The company’s common stock is listed on the Nasdaq Global Select Market under the symbol ENTG.

Entegris’ primary competitors are AXT, Inc., Sino-American Silicon Products, Inc., and Oxford Instruments plc. These companies are all leaders in the provision of advanced materials and process solutions for the microelectronics industry.

– AXT Inc ($NASDAQ:AXTI)

AXT, Inc., together with its subsidiaries, focuses on the design, development, and manufacture of compound and single element semiconductor substrates in China, Taiwan, South Korea, and Japan. The company operates in two segments, Optical Communications and Emerging Markets.

– Sino-American Silicon Products Inc ($TPEX:5483)

Sino-American Silicon Products Inc is a leading global supplier of silicon wafers. The company has a market cap of 71.23B as of 2022 and a ROE of 30.39%. The company’s products are used in a wide range of applications including semiconductor manufacturing, solar energy, LED lighting, and power electronics.

– Oxford Instruments PLC ($LSE:OXIG)

Oxford Instruments PLC is a world leader in the design and manufacture of high-performance scientific instruments and systems for research and industrial applications. Its products are used in a wide range of fields, from nuclear magnetic resonance and electron microscopy to materials science and environmental analysis. The company has a market capitalization of 1.08 billion as of 2022 and a return on equity of 13.3%. Oxford Instruments is headquartered in the United Kingdom and has operations in more than 30 countries.

Summary

ENTEGRIS, Inc. recently announced the retirement of their Executive Vice President and Chief Financial Officer. The company has initiated a search for a successor and is currently looking for qualified candidates. Despite the news being mostly negative in the current market, the stock price of ENTEGRIS, Inc. rose the same day. This could be seen as a positive sign for investors who are considering investing in the company.

Analysts generally view ENTEGRIS as a good investment option due to its strong fundamentals and attractive dividend yield. The company is well-positioned in the semiconductor industry, with a strong presence in the Asia-Pacific region. Investors should assess the risk potential of investing in ENTEGRIS before making any decisions.