Seaport Res Ptn Has Pessimistic View of Entegris Q1 Earnings

Entegris, Inc. (NASDAQ:ENTG - Free Report) - Equities research analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for shares of Entegris in a research note issued to investors on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now forecasts that the semiconductor company will earn $0.69 per share for the quarter, down from their prior estimate of $0.70. The consensus estimate for Entegris' current full-year earnings is $3.51 per share. Seaport Res Ptn also issued estimates for Entegris' Q2 2025 earnings at $0.68 EPS, Q3 2025 earnings at $0.79 EPS, Q4 2025 earnings at $0.90 EPS, FY2025 earnings at $3.06 EPS and FY2026 earnings at $3.97 EPS.

A number of other equities research analysts have also recently weighed in on ENTG. StockNews.com cut Entegris from a "hold" rating to a "sell" rating in a report on Saturday. Needham & Company LLC reiterated a "buy" rating and set a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. Mizuho cut their price objective on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Finally, KeyCorp decreased their target price on shares of Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $123.50.

Entegris Stock Performance

Shares of ENTG opened at $69.33 on Wednesday. The company has a market cap of $10.49 billion, a price-to-earnings ratio of 35.92, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. The firm has a fifty day moving average of $89.24 and a 200-day moving average of $99.03. Entegris has a 1 year low of $60.75 and a 1 year high of $147.57. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%.

Hedge Funds Weigh In On Entegris

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in shares of Entegris in the first quarter valued at $383,000. Kentucky Retirement Systems acquired a new position in Entegris during the first quarter valued at $899,000. Praxis Investment Management Inc. lifted its stake in Entegris by 15.4% in the 1st quarter. Praxis Investment Management Inc. now owns 4,650 shares of the semiconductor company's stock worth $407,000 after acquiring an additional 620 shares in the last quarter. Vanderbilt University boosted its position in Entegris by 29.0% during the 1st quarter. Vanderbilt University now owns 40,302 shares of the semiconductor company's stock worth $3,526,000 after acquiring an additional 9,051 shares during the period. Finally, Retirement Systems of Alabama purchased a new position in Entegris during the 1st quarter valued at about $16,091,000.

Insiders Place Their Bets

In related news, SVP Olivier Blachier sold 984 shares of the stock in a transaction 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 transaction, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This trade represents a 8.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the sale, the senior vice president now owns 34,820 shares in the company, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, April 30th. Entegris's payout ratio is 20.73%.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.