Entegris (ENTG) Expected to Announce Earnings on Thursday

Entegris (NASDAQ:ENTG - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Entegris to post earnings of $0.77 per share and revenue of $823.15 million for the quarter. Entegris has set its Q4 2024 guidance at 0.750-0.820 EPS and its Q4 guidance at $0.75-0.82 EPS.Investors that wish to listen to the company's conference call can do so using this link.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). Entegris had a net margin of 7.13% and a return on equity of 12.24%. The business had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. During the same period in the previous year, the firm posted $0.68 EPS. The company's revenue was down 9.1% compared to the same quarter last year. On average, analysts expect Entegris to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Entegris Price Performance

Shares of NASDAQ ENTG traded up $3.65 during midday trading on Thursday, reaching $101.65. The company's stock had a trading volume of 1,673,689 shares, compared to its average volume of 2,367,719. The company has a market cap of $15.35 billion, a P/E ratio of 67.32, a P/E/G ratio of 1.46 and a beta of 1.24. 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 business's 50 day moving average price is $103.70 and its two-hundred day moving average price is $108.55.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.39%. Entegris's dividend payout ratio (DPR) is currently 26.49%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ENTG shares. Craig Hallum dropped their price target on shares of Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. UBS Group cut their target price on shares of Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 5th. BMO Capital Markets cut their price objective on shares of Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Citigroup dropped their price target on Entegris from $130.00 to $123.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. Finally, KeyCorp reduced their price objective on Entegris from $154.00 to $150.00 and set an "overweight" rating for the company in a research note on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $134.50.

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).