Entegris, Inc. (NASDAQ:ENTG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Entegris, Inc. (NASDAQ:ENTG) has received an average rating of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $135.40.

Several analysts have commented on the stock. BMO Capital Markets decreased their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Citigroup decreased their target price on shares of Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. UBS Group decreased their target price on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Mizuho decreased their target price on shares of Entegris from $143.00 to $125.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Finally, KeyCorp dropped their price objective on shares of Entegris from $164.00 to $154.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th.

Entegris Stock Up 0.6 %

ENTG opened at $105.63 on Friday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. Entegris has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The firm’s fifty day moving average is $106.62 and its 200 day moving average is $118.04. The stock has a market cap of $15.95 billion, a price-to-earnings ratio of 69.95, a price-to-earnings-growth ratio of 1.73 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million during the quarter, compared to analysts’ expectations of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The firm’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 EPS. On average, sell-side analysts forecast that Entegris will post 2.99 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th were paid a $0.10 dividend. The ex-dividend date was Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. Entegris’s payout ratio is currently 26.49%.

Institutional Trading of Entegris

A number of hedge funds and other institutional investors have recently made changes to their positions in ENTG. Innealta Capital LLC acquired a new stake in shares of Entegris in the second quarter worth $26,000. Summit Securities Group LLC acquired a new stake in Entegris during the second quarter valued at $27,000. Quarry LP acquired a new stake in Entegris during the second quarter valued at $27,000. Capital Performance Advisors LLP acquired a new stake in Entegris during the third quarter valued at $29,000. Finally, Opal Wealth Advisors LLC acquired a new stake in Entegris during the second quarter valued at $31,000.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).