Entegris, Inc. (NASDAQ:ENTG) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of Entegris, Inc. (NASDAQ:ENTG - Get Free Report) have been given an average recommendation of "Moderate Buy" by the ten analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $136.10.

A number of research firms have weighed in on ENTG. UBS Group decreased their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday. KeyCorp decreased their price target on Entegris from $164.00 to $154.00 and set an "overweight" rating for the company in a research note on Tuesday. BMO Capital Markets decreased their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a research note on Tuesday. Needham & Company LLC restated a "buy" rating and issued a $150.00 price target on shares of Entegris in a research note on Thursday, August 1st. Finally, Citigroup upgraded Entegris from a "neutral" rating to a "buy" rating and raised their price target for the company from $119.00 to $130.00 in a research note on Monday, September 16th.

Institutional Investors Weigh In On Entegris

A number of institutional investors have recently made changes to their positions in ENTG. Innealta Capital LLC bought a new stake in shares of Entegris during the 2nd quarter valued at about $26,000. Summit Securities Group LLC bought a new stake in shares of Entegris during the 2nd quarter valued at about $27,000. Quarry LP bought a new stake in shares of Entegris during the 2nd quarter valued at about $27,000. Capital Performance Advisors LLP bought a new stake in shares of Entegris during the 3rd quarter valued at about $29,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Entegris during the 2nd quarter valued at about $31,000.

Entegris Stock Up 2.1 %

Entegris stock traded up $2.14 during midday trading on Tuesday, reaching $103.12. The stock had a trading volume of 2,788,982 shares, compared to its average volume of 1,647,469. The firm's fifty day simple moving average is $109.13 and its 200-day simple moving average is $121.10. Entegris has a 1-year low of $89.09 and a 1-year high of $147.57. The stock has a market capitalization of $15.57 billion, a P/E ratio of 68.29, a price-to-earnings-growth ratio of 1.45 and a beta of 1.24. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.14 and a current ratio of 3.58.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its 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 5.61% and a return on equity of 12.03%. The firm had revenue of $807.70 million during the quarter, compared to analyst estimates of $832.44 million. During the same period in the prior year, the business posted $0.68 EPS. The firm's quarterly revenue was down 9.1% compared to the same quarter last year. As a group, analysts expect that Entegris will post 3.13 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.39%. Entegris's payout ratio is presently 26.49%.

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).