Entegris (NASDAQ:ENTG - Get Free Report)'s stock had its "buy" rating reaffirmed by Needham & Company LLC in a report released on Friday,Benzinga reports. They presently have a $120.00 price target on the semiconductor company's stock. Needham & Company LLC's price target points to a potential upside of 13.49% from the stock's current price.
Other analysts have also recently issued reports about the company. KeyCorp decreased their target price on Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a research report on Friday. Citigroup reduced their price target on Entegris from $130.00 to $123.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Mizuho reduced their price objective on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft dropped their price target on Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, UBS Group lowered their price objective on Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $130.60.
Check Out Our Latest Stock Analysis on Entegris
Entegris Stock Down 0.9 %
Shares of NASDAQ:ENTG traded down $0.99 on Friday, hitting $105.74. 1,975,015 shares of the company's stock were exchanged, compared to its average volume of 2,414,912. The firm's 50-day moving average is $103.31 and its 200 day moving average is $106.74. The company has a market capitalization of $15.97 billion, a PE ratio of 54.79, a P/E/G ratio of 1.49 and a beta of 1.24. Entegris has a 1-year low of $94.92 and a 1-year high of $147.57. 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 (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 13.00% and a net margin of 9.03%. Sell-side analysts predict that Entegris will post 3.63 EPS for the current year.
Institutional Investors Weigh In On Entegris
Several hedge funds have recently made changes to their positions in ENTG. Capital Performance Advisors LLP acquired a new stake in shares of Entegris in the third quarter valued at approximately $29,000. Blue Trust Inc. boosted its position in shares of Entegris by 221.3% during the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 239 shares in the last quarter. Fortitude Family Office LLC boosted its position in shares of Entegris by 195.7% during the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 274 shares in the last quarter. Covestor Ltd boosted its position in shares of Entegris by 241.8% during the third quarter. Covestor Ltd now owns 417 shares of the semiconductor company's stock worth $47,000 after purchasing an additional 295 shares in the last quarter. Finally, Huntington National Bank boosted its position in shares of Entegris by 41.0% during the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company's stock worth $51,000 after purchasing an additional 132 shares in the last quarter.
About Entegris
(
Get Free Report)
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).
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