Entegris Inc. (ENTG) Releases Q4 Earnings Guidance
Entegris Inc. (NASDAQ:ENTG) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.11-0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.14, Stock Ratings Network.com reports. The company issued revenue guidance of $165-175 million, compared to the consensus revenue estimate of $177.11 million.
Entegris Inc. (NASDAQ:ENTG) opened at 10.49 on Tuesday. Entegris Inc. has a 52 week low of $7.79 and a 52 week high of $10.65. The stock has a 50-day moving average of $10.07 and a 200-day moving average of $9.73. The company has a market cap of $1.459 billion and a price-to-earnings ratio of 22.32.
Entegris (NASDAQ:ENTG) last released its earnings data on Tuesday, October 22nd. The company reported $0.14 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.14. The company had revenue of $164.60 million for the quarter, compared to the consensus estimate of $176.90 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The company’s quarterly revenue was down 10.7% on a year-over-year basis. Analysts expect that Entegris Inc. will post $0.55 EPS for the current fiscal year.
ENTG has been the subject of a number of recent research reports. Analysts at Northland Securities initiated coverage on shares of Entegris in a research note to investors on Wednesday, August 28th. They set a market perform rating on the stock. On a related note, analysts at Northland Capital Partners initiated coverage on shares of Entegris in a research note to investors on Wednesday, August 28th. They set a market perform rating and a $10.00 price target on the stock. Finally, analysts at Craig Hallum downgraded shares of Entegris from a buy rating to a hold rating in a research note to investors on Wednesday, July 24th.
Entegris, Inc is a global developer, manufacturer and supplier of products and materials used in processing and manufacturing in the semiconductor and other high-technology industries.
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