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

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the ten analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $134.50.

ENTG has been the subject of several analyst reports. Mizuho cut their price objective on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. BMO Capital Markets cut their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Citigroup decreased their price objective on Entegris from $130.00 to $123.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. UBS Group reduced their target price on Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, November 5th. Finally, Craig Hallum cut their price objective on shares of Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th.

Hedge Funds Weigh In On Entegris

Hedge funds and other institutional investors have recently modified their holdings of the company. Mountaineer Partners Management LLC raised its holdings in shares of 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 acquiring an additional 10,977,064 shares in the last quarter. Geode Capital Management LLC raised its stake in Entegris by 2.0% in the third quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company's stock worth $284,941,000 after buying an additional 49,846 shares in the last quarter. Earnest Partners LLC raised its stake in Entegris by 0.6% in the second quarter. Earnest Partners LLC now owns 1,858,757 shares of the semiconductor company's stock worth $251,676,000 after buying an additional 11,692 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in Entegris by 0.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company's stock worth $169,206,000 after buying an additional 12,913 shares during the period. Finally, Principal Financial Group Inc. boosted its position in Entegris by 130.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company's stock valued at $155,287,000 after acquiring an additional 781,955 shares in the last quarter.

Entegris Stock Performance

Shares of ENTG stock traded up $1.47 during trading on Friday, hitting $106.38. The company's stock had a trading volume of 2,067,611 shares, compared to its average volume of 1,634,672. 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 market cap of $16.06 billion, a PE ratio of 70.45, a P/E/G ratio of 1.33 and a beta of 1.24. The business has a fifty day moving average of $103.49 and a 200-day moving average of $110.70. Entegris has a 52 week low of $94.92 and a 52 week high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share 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 company had revenue of $807.70 million during the quarter, compared to analysts' expectations of $832.44 million. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The firm's revenue was down 9.1% compared to the same quarter last year. As a group, research analysts anticipate that Entegris will post 2.95 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis 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%.

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).