Entegris Stock Rating Lowered by Sidoti (ENTG)
Entegris (NASDAQ:ENTG) was downgraded by equities researchers at Sidoti from a “buy” rating to a “neutral” rating in a research report issued on Monday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on ENTG. Analysts at TheStreet upgraded shares of Entegris from a “hold” rating to a “buy” rating in a research note to investors on Friday, December 6th. Analysts at Needham & Company initiated coverage on shares of Entegris in a research note to investors on Thursday, December 5th. They set a “buy” rating and a $13.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $11.67.
Entegris (NASDAQ:ENTG) traded down 2.10% on Monday, hitting $11.20. The stock had a trading volume of 134,174 shares. Entegris has a 52 week low of $8.89 and a 52 week high of $11.65. The stock’s 50-day moving average is $10.90 and its 200-day moving average is $10.10. The company has a market cap of $1.552 billion and a P/E ratio of 24.34.
Entegris (NASDAQ:ENTG) last issued its quarterly 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 $175.13 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 will post $0.55 EPS for the current fiscal year.
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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