Entegris (NASDAQ:ENTG) Sets New 52-Week Low - Should You Sell?

Shares of Entegris, Inc. (NASDAQ:ENTG - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $83.98 and last traded at $86.46, with a volume of 401405 shares changing hands. The stock had previously closed at $87.48.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ENTG shares. Mizuho decreased their price target on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. StockNews.com raised Entegris from a "sell" rating to a "hold" rating in a report on Thursday. Needham & Company LLC restated a "buy" rating and issued a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. Finally, KeyCorp decreased their price objective on Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $124.88.

Entegris Price Performance

The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The stock has a fifty day simple moving average of $98.67 and a two-hundred day simple moving average of $103.17. The company has a market cap of $9.89 billion, a PE ratio of 33.88, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36.

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Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings results 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 12.83% and a net margin of 9.03%. On average, equities analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.61%. The ex-dividend date was Wednesday, January 29th. Entegris's dividend payout ratio (DPR) is 20.73%.

Insider Buying and Selling

In other news, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the sale, the senior vice president now directly owns 34,820 shares in the company, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at approximately $1,177,524. This represents a 8.28 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Central Pacific Bank Trust Division increased its holdings in Entegris by 125.7% during the 1st quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 171 shares in the last quarter. Quarry LP acquired a new stake in shares of Entegris in the fourth quarter valued at approximately $28,000. Neo Ivy Capital Management purchased a new position in shares of Entegris during the 4th quarter worth approximately $34,000. Fortitude Family Office LLC raised its position in shares of Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 274 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in Entegris in the 4th quarter valued at approximately $42,000.

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).