Entegris, Inc. (NASDAQ:ENTG) – Equities research analysts at Dougherty & Co issued their Q4 2017 earnings per share (EPS) estimates for shares of Entegris in a research note issued to investors on Monday. Dougherty & Co analyst R. Ryan anticipates that the semiconductor company will post earnings of $0.37 per share for the quarter. Dougherty & Co has a “Buy” rating and a $36.00 price objective on the stock.

A number of other research analysts also recently weighed in on the company. Deutsche Bank AG initiated coverage on Entegris in a research note on Wednesday, July 5th. They issued a “hold” rating and a $24.00 price target on the stock. Zacks Investment Research raised Entegris from a “hold” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a research note on Thursday, October 19th. BidaskClub raised Entegris from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. KeyCorp reaffirmed an “outperform” rating and set a $30.00 price objective on shares of Entegris in a research note on Saturday, September 16th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $29.00 price objective on shares of Entegris in a research note on Tuesday, September 19th. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $32.10.

COPYRIGHT VIOLATION WARNING: “Q4 2017 Earnings Forecast for Entegris, Inc. (ENTG) Issued By Dougherty & Co” was posted by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/11/02/q4-2017-earnings-forecast-for-entegris-inc-entg-issued-by-dougherty-co.html. Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, October 26th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.06. The company had revenue of $345.60 million for the quarter, compared to analyst estimates of $334.30 million. Entegris had a return on equity of 18.82% and a net margin of 10.73%. Entegris’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.24 earnings per share.

The firm also recently disclosed a special dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, October 31st. Entegris’s payout ratio is presently 7.22%.

In related news, Director Robert Nicholas Burns sold 4,901 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $24.51, for a total transaction of $120,123.51. Following the sale, the director now owns 51,272 shares of the company’s stock, valued at approximately $1,256,676.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul L. H. Olson sold 3,500 shares of the firm’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $25.77, for a total value of $90,195.00. Following the sale, the director now directly owns 52,864 shares in the company, valued at approximately $1,362,305.28. The disclosure for this sale can be found here. Insiders have sold a total of 27,651 shares of company stock worth $708,491 in the last ninety days. 1.70% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Teacher Retirement System of Texas increased its holdings in Entegris by 0.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 11,271 shares of the semiconductor company’s stock worth $247,000 after purchasing an additional 53 shares in the last quarter. Alps Advisors Inc. increased its holdings in Entegris by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 21,965 shares of the semiconductor company’s stock worth $482,000 after purchasing an additional 56 shares in the last quarter. Pacad Investment Ltd. increased its holdings in Entegris by 0.7% during the 2nd quarter. Pacad Investment Ltd. now owns 13,821 shares of the semiconductor company’s stock worth $303,000 after purchasing an additional 100 shares in the last quarter. Ameritas Investment Partners Inc. increased its holdings in Entegris by 1.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,364 shares of the semiconductor company’s stock worth $271,000 after purchasing an additional 148 shares in the last quarter. Finally, 1st Global Advisors Inc. increased its holdings in Entegris by 0.6% during the 2nd quarter. 1st Global Advisors Inc. now owns 34,720 shares of the semiconductor company’s stock worth $762,000 after purchasing an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 95.35% 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).

Earnings History and Estimates for Entegris (NASDAQ:ENTG)

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