Entegris Inc (NASDAQ:ENTG) has been assigned an average rating of “Buy” from the eleven brokerages that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $42.00.
A number of research firms have commented on ENTG. Goldman Sachs Group cut shares of Entegris from a “buy” rating to a “neutral” rating and set a $30.00 target price on the stock. in a research note on Tuesday, January 8th. Zacks Investment Research upgraded shares of Entegris from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. ValuEngine upgraded shares of Entegris from a “hold” rating to a “buy” rating in a research note on Wednesday, February 27th. BidaskClub upgraded shares of Entegris from a “hold” rating to a “buy” rating in a research note on Tuesday, January 29th. Finally, Berenberg Bank assumed coverage on shares of Entegris in a research note on Thursday, March 21st. They set a “buy” rating and a $43.00 target price on the stock.
In other news, VP Michael Sauer sold 3,788 shares of Entegris stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $36.61, for a total transaction of $138,678.68. Following the sale, the vice president now owns 12,782 shares in the company, valued at $467,949.02. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Gregory B. Graves sold 37,167 shares of Entegris stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $34.24, for a total transaction of $1,272,598.08. Following the sale, the chief financial officer now owns 67,126 shares in the company, valued at approximately $2,298,394.24. The disclosure for this sale can be found here. In the last quarter, insiders have sold 85,508 shares of company stock worth $3,019,111. Company insiders own 1.20% of the company’s stock.
NASDAQ ENTG opened at $35.69 on Wednesday. Entegris has a 12 month low of $23.39 and a 12 month high of $40.17. The company has a market cap of $4.73 billion, a price-to-earnings ratio of 18.88 and a beta of 1.32. The company has a current ratio of 3.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.92.
Entegris (NASDAQ:ENTG) last released its earnings results on Tuesday, February 5th. The semiconductor company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. Entegris had a net margin of 15.53% and a return on equity of 25.86%. The company had revenue of $401.60 million for the quarter, compared to analysts’ expectations of $398.98 million. During the same quarter last year, the business earned $0.42 EPS. The firm’s revenue was up 14.5% compared to the same quarter last year. As a group, analysts expect that Entegris will post 2.01 earnings per share for the current year.
Entegris Company Profile
Entegris, Inc develops, manufactures, and supplies micro contamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).
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