Entegris, Inc. (NASDAQ:ENTG) Receives $134.50 Consensus PT from Analysts

Entegris, Inc. (NASDAQ:ENTG) has been assigned an average rating of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat.com 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 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $134.50.

Several research analysts have weighed in on ENTG shares. KeyCorp lowered their target price on Entegris from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. UBS Group cut their price objective on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Mizuho lowered their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. BMO Capital Markets cut their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Finally, Craig Hallum lowered their price objective on Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th.

Entegris Trading Down 1.6 %

Shares of Entegris stock opened at $104.19 on Friday. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. The company has a fifty day simple moving average of $103.80 and a 200-day simple moving average of $109.50. The stock has a market cap of $15.73 billion, a price-to-earnings ratio of 69.00, a PEG ratio of 1.46 and a beta of 1.24. Entegris has a 12-month low of $94.92 and a 12-month high of $147.57.

Entegris (NASDAQ:ENTG) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The firm had revenue of $807.70 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. On average, equities analysts forecast that Entegris will post 2.94 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. The ex-dividend date is Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is presently 26.49%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Bridges Investment Management Inc. raised its holdings in shares of Entegris by 3.6% in the third quarter. Bridges Investment Management Inc. now owns 2,829 shares of the semiconductor company’s stock worth $318,000 after acquiring an additional 98 shares during the last quarter. GAMMA Investing LLC raised its stake in Entegris by 7.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,612 shares of the semiconductor company’s stock valued at $181,000 after purchasing an additional 113 shares during the last quarter. Angeles Investment Advisors LLC lifted its holdings in Entegris by 4.1% in the 3rd quarter. Angeles Investment Advisors LLC now owns 3,230 shares of the semiconductor company’s stock valued at $363,000 after purchasing an additional 127 shares in the last quarter. Huntington National Bank boosted its stake in shares of Entegris by 41.0% during the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 132 shares during the last quarter. Finally, Equitable Trust Co. grew its holdings in shares of Entegris by 2.2% during the third quarter. Equitable Trust Co. now owns 6,501 shares of the semiconductor company’s stock worth $732,000 after buying an additional 138 shares in the last quarter.

Entegris Company Profile

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).