Entegris, Inc. (NASDAQ:ENTG) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Entegris, Inc. (NASDAQ:ENTG - Get Free Report) have received a consensus rating of "Moderate Buy" from the nine research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $128.78.

A number of equities analysts have commented on ENTG shares. Craig Hallum decreased their price target on Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Citigroup decreased 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. Deutsche Bank Aktiengesellschaft decreased their price target on Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. BMO Capital Markets decreased their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Finally, Mizuho decreased their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th.

Entegris Price Performance

Shares of NASDAQ ENTG traded down $1.73 during trading hours on Thursday, reaching $107.12. 1,709,676 shares of the stock traded hands, compared to its average volume of 2,516,464. The company has a market capitalization of $16.18 billion, a P/E ratio of 55.50, a price-to-earnings-growth ratio of 1.49 and a beta of 1.24. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 1.14. Entegris has a 52-week low of $94.92 and a 52-week high of $147.57. The company's 50-day simple moving average is $103.20 and its two-hundred day simple moving average is $106.28.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 13.00% and a net margin of 9.03%. Equities research analysts forecast that Entegris will post 3.63 EPS for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. Entegris's dividend payout ratio is presently 20.73%.

Insider Activity at Entegris

In related news, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the sale, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Entegris

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Entegris by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 15,202,146 shares of the semiconductor company's stock valued at $1,505,925,000 after purchasing an additional 169,180 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Entegris by 33.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock valued at $1,108,940,000 after buying an additional 2,826,463 shares during the last quarter. Mountaineer Partners Management LLC raised its stake in Entegris by 16,255.1% during the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company's stock valued at $1,242,848,000 after buying an additional 10,977,064 shares during the last quarter. Norges Bank purchased a new position in Entegris during the fourth quarter valued at $445,988,000. Finally, D1 Capital Partners L.P. raised its stake in Entegris by 329.4% during the fourth quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock valued at $272,702,000 after buying an additional 2,111,801 shares during 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).