Entegris, Inc. (NASDAQ:ENTG) Director Michael A. Bradley sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $30.00, for a total value of $150,000.00. Following the transaction, the director now directly owns 65,557 shares of the company’s stock, valued at $1,966,710. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Entegris, Inc. (NASDAQ ENTG) traded down $0.90 during midday trading on Monday, reaching $29.50. The company had a trading volume of 1,030,900 shares, compared to its average volume of 865,330. Entegris, Inc. has a 1 year low of $17.65 and a 1 year high of $33.05. The company has a current ratio of 3.14, a quick ratio of 2.43 and a debt-to-equity ratio of 0.40. The firm has a market cap of $4,170.00, a P/E ratio of 23.23, a P/E/G ratio of 1.91 and a beta of 1.52.
Entegris (NASDAQ:ENTG) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.06. The company had revenue of $345.60 million during the quarter, compared to analysts’ expectations of $334.30 million. Entegris had a return on equity of 18.82% and a net margin of 10.73%. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.24 EPS. research analysts predict that Entegris, Inc. will post 1.37 EPS for the current fiscal year.
Several research analysts have recently weighed in on the company. Loop Capital upped their target price on Entegris from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Dougherty & Co increased their price objective on Entegris from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Citigroup increased their price objective on Entegris from $29.00 to $34.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. Needham & Company LLC reissued a “buy” rating and issued a $35.00 price objective on shares of Entegris in a research note on Friday, October 27th. Finally, Zacks Investment Research raised Entegris from a “hold” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research note on Thursday, October 19th. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. Entegris presently has a consensus rating of “Buy” and an average price target of $32.10.
A number of large investors have recently modified their holdings of the business. Teacher Retirement System of Texas grew its holdings in Entegris by 0.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,271 shares of the semiconductor company’s stock valued at $247,000 after buying an additional 53 shares in the last quarter. Alps Advisors Inc. grew its holdings in Entegris by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 21,965 shares of the semiconductor company’s stock valued at $482,000 after buying an additional 56 shares in the last quarter. Pacad Investment Ltd. grew its holdings in Entegris by 0.7% in the 2nd quarter. Pacad Investment Ltd. now owns 13,821 shares of the semiconductor company’s stock valued at $303,000 after buying an additional 100 shares in the last quarter. Ameritas Investment Partners Inc. grew its holdings in Entegris by 1.2% in the 2nd 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, 1st Global Advisors Inc. grew its holdings in Entegris by 0.6% in the 2nd 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. Institutional investors own 96.52% of the company’s stock.
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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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