Entegris, Inc. (NASDAQ:ENTG)‘s stock had its “outperform” rating restated by analysts at KeyCorp in a research report issued on Saturday. They presently have a $30.00 price objective on the semiconductor company’s stock. KeyCorp’s price target would indicate a potential upside of 9.69% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Stifel Nicolaus reissued a “buy” rating and set a $29.00 price objective (up previously from $28.00) on shares of Entegris in a research report on Sunday, July 30th. Dougherty & Co lifted their price objective on Entegris from $27.50 to $30.00 and gave the company a “buy” rating in a research report on Friday, July 28th. BidaskClub raised Entegris from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Goldman Sachs Group, Inc. (The) raised Entegris from a “buy” rating to a “conviction-buy” rating and set a $29.00 price objective for the company in a research report on Monday, May 22nd. Finally, Deutsche Bank AG started coverage on Entegris in a research report on Wednesday, July 5th. They set a “hold” rating and a $24.00 price objective for the company. Four analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $27.78.

Shares of Entegris (NASDAQ:ENTG) opened at 27.35 on Friday. The firm’s 50-day moving average price is $25.28 and its 200 day moving average price is $24.12. Entegris has a 52 week low of $14.73 and a 52 week high of $27.78. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 32.52 and a beta of 1.46.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The firm had revenue of $329.00 million during the quarter, compared to analysts’ expectations of $324.51 million. Entegris had a return on equity of 17.04% and a net margin of 9.63%. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 earnings per share. On average, analysts anticipate that Entegris will post $1.28 EPS for the current year.

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In other Entegris news, VP Corey Rucci sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $26.25, for a total transaction of $393,750.00. Following the transaction, the vice president now directly owns 25,964 shares in the company, valued at $681,555. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Gregory B. Graves sold 4,908 shares of the firm’s stock in a transaction dated Wednesday, July 19th. The shares were sold at an average price of $26.00, for a total value of $127,608.00. Following the transaction, the chief financial officer now owns 65,554 shares in the company, valued at $1,704,404. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 85,764 shares of company stock worth $2,223,894. Corporate insiders own 1.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd raised its holdings in Entegris by 38.8% during the second quarter. Dynamic Technology Lab Private Ltd now owns 31,216 shares of the semiconductor company’s stock valued at $685,000 after buying an additional 8,718 shares in the last quarter. 1st Global Advisors Inc. raised its holdings in Entegris by 0.6% during the second quarter. 1st Global Advisors Inc. now owns 34,720 shares of the semiconductor company’s stock valued at $762,000 after buying an additional 206 shares in the last quarter. Verition Fund Management LLC raised its holdings in Entegris by 68.7% during the second quarter. Verition Fund Management LLC now owns 16,412 shares of the semiconductor company’s stock valued at $360,000 after buying an additional 6,682 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in Entegris by 1.2% during the second quarter. Ameritas Investment Partners Inc. now owns 12,364 shares of the semiconductor company’s stock valued at $271,000 after buying an additional 148 shares in the last quarter. Finally, Susquehanna International Group LLP raised its holdings in Entegris by 448.5% during the second quarter. Susquehanna International Group LLP now owns 183,657 shares of the semiconductor company’s stock valued at $4,031,000 after buying an additional 150,171 shares in the last quarter. Institutional investors own 95.29% of the company’s stock.

About Entegris

Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).

Analyst Recommendations for Entegris (NASDAQ:ENTG)

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