Mizuho Lowers Entegris (NASDAQ:ENTG) Price Target to $120.00

Entegris (NASDAQ:ENTG - Get Free Report) had its price target lowered by investment analysts at Mizuho from $125.00 to $120.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an "outperform" rating on the semiconductor company's stock. Mizuho's price objective would suggest a potential upside of 18.78% from the company's current price.

Other analysts have also recently issued research reports about the stock. Citigroup lowered their target price on shares of 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 dropped their target price on Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. UBS Group decreased their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 5th. BMO Capital Markets dropped their price objective on Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. Finally, Craig Hallum reduced their target price on shares of Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $134.90.

Entegris Stock Down 1.4 %

Shares of ENTG stock traded down $1.48 on Tuesday, hitting $101.03. The company's stock had a trading volume of 1,673,412 shares, compared to its average volume of 1,852,603. The stock has a market capitalization of $15.26 billion, a price-to-earnings ratio of 66.91, a P/E/G ratio of 1.80 and a beta of 1.24. Entegris has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The firm's fifty day moving average price is $104.13 and its 200-day moving average price is $112.39. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results 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 net margin of 7.13% and a return on equity of 12.24%. The firm had revenue of $807.70 million for the quarter, compared to the consensus estimate of $832.44 million. During the same quarter last year, the company earned $0.68 earnings per share. The firm's revenue was down 9.1% on a year-over-year basis. Research analysts anticipate that Entegris will post 2.99 EPS for the current year.

Institutional Trading of Entegris

A number of institutional investors have recently bought and sold shares of ENTG. National Bank of Canada FI grew its holdings 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 valued at $94,000 after buying an additional 138 shares during the period. Private Advisor Group LLC raised its position in shares of Entegris by 6.8% during the second quarter. Private Advisor Group LLC now owns 10,913 shares of the semiconductor company's stock worth $1,478,000 after purchasing an additional 692 shares during the period. Acadian Asset Management LLC bought a new position in shares of Entegris during the 2nd quarter valued at about $276,000. Caprock Group LLC lifted its holdings in shares of Entegris by 26.2% during the 2nd quarter. Caprock Group LLC now owns 4,191 shares of the semiconductor company's stock valued at $567,000 after purchasing an additional 870 shares in the last quarter. Finally, Choreo LLC acquired a new position in shares of Entegris in the 2nd quarter valued at approximately $323,000.

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).