Shares of Entegris (NASDAQ:ENTG) have been assigned an average rating of “Buy” from the thirteen brokerages that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $37.60.
ENTG has been the topic of several research analyst reports. KeyCorp boosted their price target on shares of Entegris from $37.00 to $45.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 21st. Zacks Investment Research cut shares of Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Craig Hallum boosted their price target on shares of Entegris from $37.00 to $42.50 and gave the stock a “buy” rating in a research note on Wednesday, March 21st. ValuEngine upgraded shares of Entegris from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd. Finally, BidaskClub cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 21st.
ENTG stock traded down $0.05 during mid-day trading on Friday, hitting $36.00. The company had a trading volume of 1,264 shares, compared to its average volume of 1,017,827. The stock has a market cap of $5.02 billion, a P/E ratio of 24.90, a PEG ratio of 1.76 and a beta of 1.42. Entegris has a 12-month low of $35.80 and a 12-month high of $36.00. The company has a quick ratio of 2.99, a current ratio of 3.79 and a debt-to-equity ratio of 0.54.
Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.37 by $0.04. The business had revenue of $350.56 million for the quarter, compared to analysts’ expectations of $340.68 million. Entegris had a net margin of 7.91% and a return on equity of 23.26%. analysts anticipate that Entegris will post 1.79 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 23rd. Stockholders of record on Wednesday, May 2nd will be issued a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, May 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.78%. Entegris’s dividend payout ratio (DPR) is presently 19.44%.
In other news, CEO Bertrand Loy sold 175,000 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $33.48, for a total value of $5,859,000.00. Following the sale, the chief executive officer now directly owns 581,012 shares in the company, valued at approximately $19,452,281.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Corey Rucci sold 5,732 shares of the business’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $36.43, for a total transaction of $208,816.76. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 335,754 shares of company stock worth $11,317,780. Insiders own 1.20% of the company’s stock.
Several institutional investors have recently bought and sold shares of ENTG. Zeke Capital Advisors LLC bought a new position in Entegris during the 4th quarter valued at about $203,000. CAPROCK Group Inc. bought a new position in Entegris during the 4th quarter valued at about $220,000. Lido Advisors LLC bought a new position in Entegris during the 1st quarter valued at about $229,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Entegris by 50.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,016 shares of the semiconductor company’s stock valued at $244,000 after purchasing an additional 2,692 shares during the last quarter. Finally, Capital Fund Management S.A. bought a new position in Entegris during the 4th quarter valued at about $247,000. Hedge funds and other institutional investors own 96.11% of the company’s stock.
Entegris Company Profile
Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH).
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