Entegris (NASDAQ:ENTG - Get Free Report) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided EPS guidance of $0.75-0.82 for the period, compared to the consensus EPS estimate of $0.94. The company issued revenue guidance of $810-840 million, compared to the consensus revenue estimate of $878.81 million. Entegris also updated its Q4 2024 guidance to 0.750-0.820 EPS.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the stock. Needham & Company LLC restated a "buy" rating and set a $150.00 target price on shares of Entegris in a research note on Thursday, August 1st. Citigroup upgraded shares of Entegris from a "neutral" rating to a "buy" rating and raised their price objective for the company from $119.00 to $130.00 in a research report on Monday, September 16th. Mizuho upgraded Entegris from a "neutral" rating to an "outperform" rating and set a $143.00 price target for the company in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft lowered their price objective on Entegris from $160.00 to $145.00 and set a "buy" rating on the stock in a research report on Thursday, August 1st. Finally, BMO Capital Markets cut their target price on Entegris from $160.00 to $145.00 and set an "outperform" rating for the company in a research report on Thursday, August 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $146.40.
View Our Latest Report on Entegris
Entegris Trading Down 5.7 %
ENTG traded down $6.07 on Monday, reaching $100.98. 3,278,486 shares of the company traded hands, compared to its average volume of 1,642,110. The company has a market cap of $15.25 billion, a P/E ratio of 82.77, a price-to-earnings-growth ratio of 1.41 and a beta of 1.25. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18. Entegris has a one year low of $89.09 and a one year high of $147.57. The firm has a fifty day simple moving average of $109.36 and a two-hundred day simple moving average of $121.28.
Entegris Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.40%. Entegris's payout ratio is 32.79%.
About Entegris
(
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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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