- Entegris reported adjusted EPS of 71 cents for Q2 2024, matching analyst estimates and up from 66 cents in the previous year.
- The company’s adjusted operating margin was 22%, slightly down from 22.3% the previous year and slightly below the 22.5% estimate.
- Adjusted gross margin improved to 46.2%, up from 42.6% the previous year and exceeding the 46% estimate.
- Net sales for the quarter were $812.7 million, a 9.8% decline year-over-year but above the estimated $801.8 million.
- Entegris expects sales of between $820 million and $840 million for the third quarter ending September 28, 2024.
- Analysts’ recommendations include 8 buys, 5 holds, and no sells.
A look at Entegris Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Entegris Inc., a global provider of materials management products and services to the microelectronics industry, is projected to have a promising long-term outlook. According to Smartkarma Smart Scores, the company has received favorable ratings across various factors. With decent scores in Growth and Momentum, Entegris is showing signs of potential for future expansion and market performance. Although the Value and Dividend scores are moderate, the company’s resiliency score suggests a stable foundation to weather fluctuations in the industry.
Entegris Inc.’s product offerings, including wafer shippers, transport carriers, and chemical delivery products, cater to the evolving needs of the microelectronics sector. This diversification allows the company to maintain a foothold in the market and pursue growth opportunities. With a balanced assessment of its key performance indicators, Entegris is positioned to navigate both challenges and opportunities in the dynamic landscape of the microelectronics industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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