Entegris ENTG Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Entegris ENTG

ENTG 85.96

-0.3%

Dec 29 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Gaudet who wrote (16)	10/12/2000 10:16:02 AM
From: The Ox	Read Replies (1) of 33

2 weeks ago your report from Merrill gave a $20 target and today's note shows a $15 target. 2 weeks ago they said that the stock should trade in a 20-25PE. From the earnings release: On a pro forma basis, earnings for fiscal year 2000 were $0.79 compared to $0.09 for fiscal 1999, excluding the extraordinary charge. Merrill's '01 target of .90 assumes only 14% EPS growth over this year's .79, this despite the fact that the company gave guidance for revenue growth to be in the 20% range. If ENTG reaches their 'new' target of 15, it gives a 17PE on next year's earnings or 90 cents. These numbers really don't add up but that shouldn't really surprise anyone. We'll have to wait and see how the market reacts.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next