Entegris (NASDAQ:ENTG - Free Report) had its price target lowered by KeyCorp from $154.00 to $150.00 in a research note released on Friday,Benzinga reports. The brokerage currently has an overweight rating on the semiconductor company's stock.
Several other equities analysts have also issued reports on the stock. UBS Group dropped their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. Mizuho dropped their target price on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a report on Tuesday. Citigroup cut their target price 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 lowered 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, BMO Capital Markets reduced their price objective on shares of Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $134.50.
Read Our Latest Analysis on ENTG
Entegris Stock Down 0.8 %
Shares of NASDAQ:ENTG traded down $0.84 during trading on Friday, hitting $98.92. The stock had a trading volume of 1,794,036 shares, compared to its average volume of 1,739,406. The company has a market capitalization of $14.94 billion, a PE ratio of 65.51, a PEG ratio of 1.76 and a beta of 1.23. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 1.14. The firm's fifty day moving average is $103.88 and its 200 day moving average is $112.22. Entegris has a 12 month low of $94.92 and a 12 month high of $147.57.
Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (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 firm had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. During the same quarter last year, the company posted $0.68 EPS. Entegris's revenue for the quarter was down 9.1% compared to the same quarter last year. Analysts anticipate that Entegris will post 2.99 EPS for the current fiscal year.
Entegris Dividend Announcement
The business also recently disclosed 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 of this dividend was Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. Entegris's dividend payout ratio (DPR) is 26.49%.
Institutional Investors Weigh In On Entegris
A number of large investors have recently added to or reduced their stakes in ENTG. Bridges Investment Management Inc. boosted its stake in shares of Entegris by 3.6% in the 3rd quarter. Bridges Investment Management Inc. now owns 2,829 shares of the semiconductor company's stock worth $318,000 after buying an additional 98 shares during the last quarter. GAMMA Investing LLC boosted its position in Entegris by 7.5% in the third quarter. GAMMA Investing LLC now owns 1,612 shares of the semiconductor company's stock worth $181,000 after purchasing an additional 113 shares during the last quarter. Angeles Investment Advisors LLC grew its stake in shares of Entegris by 4.1% during the 3rd quarter. Angeles Investment Advisors LLC now owns 3,230 shares of the semiconductor company's stock valued at $363,000 after purchasing an additional 127 shares during the period. Huntington National Bank increased its position in shares of Entegris by 41.0% during the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company's stock valued at $51,000 after purchasing an additional 132 shares during the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of Entegris by 24.4% in the 2nd quarter. National Bank of Canada FI now owns 704 shares of the semiconductor company's stock worth $94,000 after purchasing an additional 138 shares during the period.
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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