Report
David Silver
EUR 101.80 For Business Accounts Only

Entegris: Record 4Q EPS rise of 75% Demonstrates Ability to Manage Rapid Growth; Raising Our FVE

We plan to raise our fair value estimate to roughly $35 per share from $28 for narrow-moat electronic materials supplier Entegris after record fourth-quarter results and our updated financial forecast. Key drivers include forecasts of stronger semiconductor industry growth and investment, and our greater confidence in the company’s ability to profitably manage its rapid growth.
Fourth-quarter results set records for revenue, adjusted operating income, and adjusted EPS. Revenue grew 14% year over...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Silver

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