Entegris Inc (NASDAQ:ENTG) announced a quarterly dividend on Thursday, April 18th, Wall Street Journal reports. Shareholders of record on Wednesday, May 1st will be paid a dividend of 0.07 per share by the semiconductor company on Wednesday, May 22nd. This represents a $0.28 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Tuesday, April 30th.
NASDAQ ENTG traded down $0.61 during trading on Friday, hitting $39.08. The company’s stock had a trading volume of 1,503,649 shares, compared to its average volume of 1,449,527. The company has a debt-to-equity ratio of 0.93, a quick ratio of 3.06 and a current ratio of 4.34. Entegris has a fifty-two week low of $23.39 and a fifty-two week high of $42.01. The company has a market cap of $5.38 billion, a PE ratio of 20.68 and a beta of 1.35.
Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, April 25th. The semiconductor company reported $0.50 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.03. Entegris had a return on equity of 26.00% and a net margin of 13.71%. The firm had revenue of $391.00 million during the quarter, compared to the consensus estimate of $400.43 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue was up 6.5% compared to the same quarter last year. On average, sell-side analysts predict that Entegris will post 1.94 earnings per share for the current fiscal year.
A number of equities research analysts recently commented on ENTG shares. Loop Capital set a $51.00 target price on Entegris and gave the stock a “buy” rating in a report on Tuesday, January 29th. BidaskClub raised Entegris from a “hold” rating to a “buy” rating in a report on Tuesday, January 29th. ValuEngine raised Entegris from a “hold” rating to a “buy” rating in a report on Wednesday, February 27th. Berenberg Bank initiated coverage on Entegris in a report on Thursday, March 21st. They issued a “buy” rating and a $43.00 price target for the company. Finally, Deutsche Bank boosted their price target on Entegris from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $42.38.
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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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