Equities analysts expect that Entegris Inc (NASDAQ:ENTG) will post earnings of $0.45 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Entegris’ earnings. Entegris reported earnings of $0.34 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 32.4%. The firm is expected to report its next earnings results on Thursday, July 26th.
On average, analysts expect that Entegris will report full year earnings of $1.84 per share for the current fiscal year, with EPS estimates ranging from $1.78 to $1.88. For the next financial year, analysts expect that the company will post earnings of $2.06 per share, with EPS estimates ranging from $1.98 to $2.18. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Entegris.
Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, April 26th. The semiconductor company reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.05. Entegris had a return on equity of 23.26% and a net margin of 7.91%. The firm had revenue of $367.20 million during the quarter, compared to the consensus estimate of $358.67 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The business’s revenue was up 15.7% on a year-over-year basis.
Several brokerages have weighed in on ENTG. ValuEngine upgraded Entegris from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. Needham & Company LLC boosted their price objective on Entegris from $42.00 to $44.00 and gave the company a “buy” rating in a research report on Friday, June 8th. Zacks Investment Research upgraded Entegris from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research report on Tuesday, June 12th. Craig Hallum boosted their price objective on Entegris from $37.00 to $42.50 and gave the company a “buy” rating in a research report on Wednesday, March 21st. Finally, BidaskClub downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 20th. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $39.20.
ENTG stock traded up $0.35 during midday trading on Tuesday, hitting $34.80. The company had a trading volume of 829,700 shares, compared to its average volume of 998,325. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.99 and a current ratio of 3.79. Entegris has a 52 week low of $21.77 and a 52 week high of $39.55. The company has a market capitalization of $5.01 billion, a P/E ratio of 24.17, a PEG ratio of 1.71 and a beta of 1.42.
In related news, CFO Gregory B. Graves sold 24,318 shares of the company’s stock in a transaction that occurred on Tuesday, June 5th. The stock was sold at an average price of $37.01, for a total transaction of $900,009.18. Following the completion of the transaction, the chief financial officer now owns 85,796 shares in the company, valued at $3,175,309.96. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.20% of the stock is owned by corporate insiders.
Several institutional investors have recently made changes to their positions in the stock. Aperio Group LLC raised its holdings in shares of Entegris by 7.5% during the fourth quarter. Aperio Group LLC now owns 35,024 shares of the semiconductor company’s stock valued at $1,066,000 after acquiring an additional 2,431 shares in the last quarter. GW&K Investment Management LLC grew its stake in Entegris by 38.4% in the first quarter. GW&K Investment Management LLC now owns 10,320 shares of the semiconductor company’s stock worth $359,000 after purchasing an additional 2,865 shares during the period. Summit Trail Advisors LLC grew its stake in Entegris by 37.7% in the first quarter. Summit Trail Advisors LLC now owns 11,256 shares of the semiconductor company’s stock worth $155,000 after purchasing an additional 3,080 shares during the period. UBS Asset Management Americas Inc. grew its stake in Entegris by 4.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 78,419 shares of the semiconductor company’s stock worth $2,388,000 after purchasing an additional 3,393 shares during the period. Finally, Teachers Advisors LLC grew its stake in Entegris by 1.3% in the fourth quarter. Teachers Advisors LLC now owns 260,509 shares of the semiconductor company’s stock worth $7,932,000 after purchasing an additional 3,435 shares during the period. Institutional investors own 94.03% of the company’s stock.
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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