Entegris (NASDAQ:ENTG) is scheduled to be announcing its earnings results before the market opens on Wednesday, January 31st. Analysts expect the company to announce earnings of $0.37 per share for the quarter.
Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $334.30 million. During the same period last year, the firm earned $0.24 earnings per share. Entegris’s revenue for the quarter was up 16.5% compared to the same quarter last year. On average, analysts expect Entegris to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Entegris (ENTG) opened at $35.00 on Wednesday. Entegris has a 1 year low of $18.35 and a 1 year high of $35.10. The company has a market cap of $4,950.00, a PE ratio of 36.08, a P/E/G ratio of 1.95 and a beta of 1.52. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.43 and a current ratio of 3.14.
In other Entegris news, Director Michael A. Bradley sold 5,000 shares of the firm’s stock in a transaction dated Thursday, December 7th. The shares were 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 approximately $1,966,710. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Corey Rucci sold 3,528 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $32.68, for a total transaction of $115,295.04. Following the completion of the transaction, the vice president now directly owns 22,436 shares in the company, valued at $733,208.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,296 shares of company stock worth $666,592. Insiders own 1.50% of the company’s stock.
A number of equities analysts recently commented on ENTG shares. Citigroup raised their price target on shares of Entegris from $29.00 to $34.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Seaport Global Securities started coverage on shares of Entegris in a research report on Friday, December 15th. They set a “buy” rating and a $37.00 price target on the stock. Loop Capital raised their price target on shares of Entegris from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research lowered shares of Entegris from a “buy” rating to a “hold” rating in a research report on Monday, January 1st. Finally, Dougherty & Co raised their price target on shares of Entegris from $33.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $32.55.
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Entegris Company Profile
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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