Entegris, Inc. (NASDAQ:ENTG) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Entegris, Inc. (NASDAQ:ENTG - Get Free Report) have been given an average rating of "Moderate Buy" by the ten analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $135.40.

Several equities analysts have recently weighed in on ENTG shares. Mizuho reduced their price target on Entegris from $143.00 to $125.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Craig Hallum decreased their target price on shares of Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Citigroup cut their price target on shares of Entegris from $130.00 to $123.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. Finally, BMO Capital Markets decreased their price objective 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.

Entegris Stock Up 0.6 %

NASDAQ:ENTG traded up $0.67 during mid-day trading on Friday, hitting $105.63. 1,077,531 shares of the company's stock were exchanged, compared to its average volume of 1,711,262. Entegris has a one year low of $94.92 and a one year high of $147.57. The business has a fifty day moving average price of $106.52 and a 200 day moving average price of $117.88. The company has a market cap of $15.95 billion, a PE ratio of 69.95, a P/E/G ratio of 1.73 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly 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). Entegris had a return on equity of 12.24% and a net margin of 7.13%. The company had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. During the same period in the prior year, the firm earned $0.68 earnings per share. The business's revenue for the quarter was down 9.1% compared to the same quarter last year. Equities analysts predict that Entegris will post 2.99 EPS for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, October 30th. This represents a $0.40 annualized dividend and a yield of 0.38%. Entegris's dividend payout ratio (DPR) is 26.49%.

Institutional Investors Weigh In On Entegris

Several hedge funds and other institutional investors have recently modified their holdings of ENTG. Wedmont Private Capital raised its stake in Entegris by 5.9% during the 2nd quarter. Wedmont Private Capital now owns 1,609 shares of the semiconductor company's stock worth $232,000 after acquiring an additional 90 shares during the period. Bridges Investment Management Inc. lifted its stake in shares of Entegris by 3.6% during the 3rd quarter. Bridges Investment Management Inc. now owns 2,829 shares of the semiconductor company's stock valued at $318,000 after buying an additional 98 shares in the last quarter. Everpar Advisors LLC lifted its stake in shares of Entegris by 6.5% during the 2nd quarter. Everpar Advisors LLC now owns 1,656 shares of the semiconductor company's stock valued at $224,000 after buying an additional 101 shares in the last quarter. Arizona State Retirement System boosted its holdings in Entegris by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 41,406 shares of the semiconductor company's stock worth $5,606,000 after buying an additional 105 shares during the period. Finally, Fulton Bank N.A. increased its stake in Entegris by 0.9% in the 2nd quarter. Fulton Bank N.A. now owns 11,703 shares of the semiconductor company's stock worth $1,585,000 after buying an additional 108 shares in the last quarter.

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).