Equities research analysts forecast that Entegris, Inc. (NASDAQ:ENTG) will post $340.25 million in sales for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Entegris’ earnings, with estimates ranging from $339.95 million to $341.00 million. Entegris reported sales of $308.50 million during the same quarter last year, which indicates a positive year-over-year growth rate of 10.3%. The firm is expected to report its next quarterly earnings report on Thursday, February 1st.

According to Zacks, analysts expect that Entegris will report full-year sales of $340.25 million for the current financial year. For the next financial year, analysts expect that the company will report sales of $1.43 billion per share, with estimates ranging from $1.43 billion to $1.44 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Entegris.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.06. Entegris had a net margin of 10.73% and a return on equity of 18.82%. The business had revenue of $345.60 million for the quarter, compared to analysts’ expectations of $334.30 million. During the same quarter in the previous year, the business posted $0.24 earnings per share. The business’s revenue was up 16.5% compared to the same quarter last year.

A number of research firms recently weighed in on ENTG. Loop Capital reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Entegris in a research note on Friday. ValuEngine lowered shares of Entegris from a “buy” rating to a “hold” rating in a research note on Thursday, November 30th. Dougherty & Co upped their price objective on shares of Entegris from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Citigroup upped their price objective on shares of Entegris from $29.00 to $34.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Entegris in a research note on Friday, October 27th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. Entegris has an average rating of “Buy” and a consensus price target of $32.10.

Shares of Entegris (ENTG) opened at $28.80 on Tuesday. The stock has a market cap of $4,070.00, a price-to-earnings ratio of 23.54, a PEG ratio of 1.94 and a beta of 1.52. Entegris has a one year low of $17.45 and a one year high of $33.05. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.43 and a current ratio of 3.14.

The business also recently disclosed a special dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 1st were issued a dividend of $0.07 per share. The ex-dividend date was Tuesday, October 31st. Entegris’s dividend payout ratio (DPR) is currently 7.22%.

In related news, SVP Stuart Tison sold 3,814 shares of the stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $31.00, for a total value of $118,234.00. Following the transaction, the senior vice president now owns 81,943 shares in the company, valued at approximately $2,540,233. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Corey Rucci sold 15,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $26.25, for a total transaction of $393,750.00. Following the completion of the transaction, the vice president now owns 25,964 shares in the company, valued at approximately $681,555. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,296 shares of company stock worth $819,712. Corporate insiders own 1.50% of the company’s stock.

Large investors have recently modified their holdings of the stock. Wolverine Trading LLC grew its stake in shares of Entegris by 149.6% during the 3rd quarter. Wolverine Trading LLC now owns 6,989 shares of the semiconductor company’s stock worth $202,000 after purchasing an additional 21,089 shares during the period. California Public Employees Retirement System grew its stake in shares of Entegris by 9.0% during the 3rd quarter. California Public Employees Retirement System now owns 175,646 shares of the semiconductor company’s stock worth $5,067,000 after purchasing an additional 14,546 shares during the period. Vident Investment Advisory LLC acquired a new stake in shares of Entegris during the 3rd quarter worth approximately $2,861,000. Royce & Associates LP acquired a new stake in shares of Entegris during the 3rd quarter worth approximately $2,092,000. Finally, Welch & Forbes LLC acquired a new stake in shares of Entegris during the 3rd quarter worth approximately $236,000. Institutional investors own 96.52% of the company’s stock.

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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).

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Earnings History and Estimates for Entegris (NASDAQ:ENTG)

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