On Nov 06, major Wall Street analysts update their ratings for $Entegris (ENTG.US)$, with price targets ranging from $115 to $154.
Citi analyst Atif Malik maintains with a buy rating, and adjusts the target price from $130 to $123.
UBS analyst Timothy Arcuri maintains with a hold rating, and adjusts the target price from $130 to $115.
BMO Capital analyst Bhavesh Lodaya maintains with a buy rating, and adjusts the target price from $145 to $135.
Needham analyst Charles Shi maintains with a buy rating, and adjusts the target price from $150 to $120.
KeyBanc analyst Aleksey Yefremov maintains with a buy rating, and adjusts the target price from $164 to $154.
Furthermore, according to the comprehensive report, the opinions of $Entegris (ENTG.US)$'s main analysts recently are as follows:
Entegris reported softer results than anticipated in mainstream logic, 3D NAND, and discrete supply chain restraints. While estimates have been reduced, the stock retains a 'defensive appeal' according to the analysis.
The recent quarter and outlook for Entegris were deemed generally unsatisfactory, which has prompted a revision of future estimates by approximately 8%-12%. Despite this adjustment reflecting another cyclical reset, which is less than optimal, it is anticipated that investors may not find this update unexpected, considering the context of reports from peers.
The company's Q3 earnings did not meet expectations, and the forward-looking projections also fell short of consensus. Its recent performance mirrors the general state of the semiconductor industry. The anticipated slower pace of outperformance in 2024 is linked to postponed technological/node transitions and the adoption of new materials. However, these factors are likely to come into play by 2025. Alongside anticipated year-over-year improvements in fundamentals, these elements are expected to fuel robust earnings growth for the company.
The company's guidance for EBITDA in the December quarter falls short of the consensus, with the robustness of artificial intelligence-related business being counterbalanced by a softness in the semiconductor sector, according to an analyst.
Entegris's performance in the second half of the year did not meet expectations, primarily due to diminished demand in 3D NAND and mainstream logic. Overall, this year has been characterized as 'fairly disappointing' for the industry, with ongoing revisions to growth expectations from various quarters.
Here are the latest investment ratings and price targets for $Entegris (ENTG.US)$ from 7 analysts:
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美东时间11月6日，多家华尔街大行更新了$英特格 (ENTG.US)$的评级，目标价介于115美元至154美元。
花旗分析师Atif Malik维持买入评级，并将目标价从130美元下调至123美元。
瑞士银行分析师Timothy Arcuri维持持有评级，并将目标价从130美元下调至115美元。
BMO资本市场分析师Bhavesh Lodaya维持买入评级，并将目标价从145美元下调至135美元。
Needham分析师Charles Shi维持买入评级，并将目标价从150美元下调至120美元。
KeyBanc分析师Aleksey Yefremov维持买入评级，并将目标价从164美元下调至154美元。
此外，综合报道，$英特格 (ENTG.US)$近期主要分析师观点如下：
英特格的业绩较预期表现较弱，主流逻辑、3D NAND和分立供应链受到限制。尽管预估已经下调，但根据分析，该股仍具有“防御吸引力”。
英特格最近的季度业绩和展望被普遍视为不尽如人意，这促使未来预估大约调整了8%-12%。尽管这一调整反映了另一次周期性重置，不太理想，但预计投资者可能不会对这一更新感到意外，考虑到同行报告的背景。
该公司第三季度的盈利未达预期，并且前瞻性预测也逊于共识。其最近的表现反映了半导体行业的整体状态。预计2024年超越表现速度的放缓与技术/节点转换的延迟和新材料的采用有关。然而，这些因素可能在2025年前后开始发挥作用。除了预期的基本面年度改善外，这些因素预计将推动该公司强劲的盈利增长。
该公司在12月季度的EBITDA指导不及共识，人工智能相关业务的强劲性被一位分析师认为是半导体行业板块疲软的平衡因素。
英特格今年下半年的表现未达预期，主要是由于3D NAND和主流逻辑需求减弱。总体而言，今年被描述为行业“相当令人失望”，各方对增长预期持续修订。
以下为今日7位分析师对$英特格 (ENTG.US)$的最新投资评级及目标价：
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