Entegris Intrinsic Value – ENTEGRIS sees decrease in position from Fiera Capital Corp during 3rd quarter

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Entegris ($NASDAQ:ENTG), Inc. is a global leader in materials and process solutions for the semiconductor and other high-tech industries. The company provides products and services that help customers improve their manufacturing processes and increase yield and performance of their products. Entegris’ stock has been performing well in recent years, with a steady increase in value. Recently, Entegris announced that Fiera Capital Corp has reduced its holdings in the company by 33.1% during the third quarter. This news may come as a surprise to some investors as Fiera Capital Corp had previously held a significant stake in Entegris. The company specializes in providing customized multi-asset solutions to institutional, private wealth, and retail markets globally. As such, their investment decisions are closely followed by the market. It is also important to consider the reasons behind Fiera Capital Corp’s decision to reduce its holdings in Entegris. The filing with the Securities and Exchange Commission does not provide detailed information on this matter.

However, it could be a strategic move by Fiera Capital Corp to reallocate its investments or to take advantage of other opportunities in the market. Overall, while the decrease in position by Fiera Capital Corp may cause some short-term fluctuations in Entegris’ stock price, it is important for investors to focus on the company’s long-term growth potential. With its strong market position and continued focus on innovation, Entegris is well-positioned to continue delivering value to its shareholders.

Share Price

ENTEGRIS, a leading provider of products and materials used in the semiconductor and other high-tech industries, saw a decrease in its position during the third quarter as reported by Fiera Capital Corp. On Thursday, the company’s stock opened at $106.94 and closed at $108.23, reflecting a 3.01% increase from the prior day’s closing price of $105.07. This decrease in position can be attributed to several factors. As the global economy continues to grapple with the effects of the pandemic, many companies, including ENTEGRIS, have seen fluctuations in their stock prices. Another factor could be a decline in demand for ENTEGRIS’ products and services. The company primarily serves the semiconductor industry, which has been impacted by supply chain disruptions and reduced consumer spending. This could have led to lower revenues for ENTEGRIS, causing Fiera Capital Corp to reduce its position in the company. It is worth noting that despite this decrease in position, ENTEGRIS’ stock price has been on an upward trend in recent months.

The company has been making strategic moves to adapt to the changing market conditions and capitalize on emerging opportunities. In August, ENTEGRIS announced the acquisition of Flex Concepts Inc., a manufacturer of gas purification systems for semiconductor fabrication. This move is expected to enhance ENTEGRIS’ product portfolio and strengthen its position in the market. Overall, while the decrease in position from Fiera Capital Corp may be seen as a setback for ENTEGRIS, it is important to consider the broader market context. The company remains a major player in the high-tech industry and continues to pursue growth opportunities despite the current challenges. Investors will likely keep a close eye on ENTEGRIS’ performance in the coming quarters to determine its resilience and potential for long-term success. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Entegris. More…

Key Ratios Snapshot

Some of the financial key ratios for Entegris are shown below. More…

Analysis – Entegris Intrinsic Value

As a team at GoodWhale, we pride ourselves on conducting thorough analyses of companies and their fundamentals. Our latest analysis was of ENTEGRIS, a leading global supplier of materials and technology solutions for the semiconductor and other high-tech industries. One of the key findings from our analysis was the intrinsic value of ENTEGRIS share, which we calculated to be around $127.7. This calculation was based on our proprietary Valuation Line method, which takes into account various financial metrics such as earnings, cash flow, and growth potential. Currently, ENTEGRIS stock is being traded at $108.23, which is undervalued by about 15.2% according to our calculations. This indicates that the stock is currently a fair price and has potential for growth. Our analysis also revealed that ENTEGRIS has a strong financial standing, with a healthy balance sheet and consistent profitability. Their focus on providing innovative and high-quality solutions for their customers in the high-tech industry has been a key factor in their success. In conclusion, our analysis of ENTEGRIS’s fundamentals shows that the company is well-positioned for future growth and their current stock price presents a potential opportunity for investors. We will continue to monitor ENTEGRIS and provide updates on any changes to their financials or market performance. More…

Peers

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

Fiera Capital Corp, a leading investment management firm, reduced its stake in Entegris, Inc. by 33.1% in the third quarter. This move suggests that Fiera Capital has a less optimistic outlook on Entegris’ performance in the near future.

However, the stock price actually rose on the same day, indicating that other investors may have a more positive stance on the company. This highlights the importance of conducting thorough analysis and not solely relying on the actions of one large investor. Ultimately, it is important for individual investors to conduct their own research and make informed decisions when investing in companies like Entegris.