Shares of Entegris (NASDAQ:ENTG) have been given an average recommendation of “Buy” by the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $37.27.
A number of equities research analysts have recently commented on the company. ValuEngine raised Entegris from a “hold” rating to a “buy” rating in a research report on Wednesday. Needham & Company LLC raised their price target on Entegris to $42.00 and gave the stock a “buy” rating in a research report on Thursday, March 22nd. Seaport Global Securities reaffirmed a “buy” rating and set a $40.00 price target on shares of Entegris in a research report on Wednesday, March 21st. Craig Hallum raised their price target on Entegris from $37.00 to $42.50 and gave the stock a “buy” rating in a research report on Wednesday, March 21st. Finally, KeyCorp raised their price target on Entegris from $37.00 to $45.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 21st.
In related news, COO Todd James Edlund sold 5,000 shares of Entegris stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $33.82, for a total value of $169,100.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Corey Rucci sold 5,732 shares of Entegris stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $36.43, for a total value of $208,816.76. The disclosure for this sale can be found here. In the last three months, insiders sold 335,754 shares of company stock worth $11,317,780. 1.20% of the stock is owned by insiders.
Shares of ENTG opened at $36.80 on Wednesday. The company has a current ratio of 3.63, a quick ratio of 2.95 and a debt-to-equity ratio of 0.58. Entegris has a 1 year low of $21.77 and a 1 year high of $38.25. The stock has a market cap of $5,113.59, a price-to-earnings ratio of 25.56, a P/E/G ratio of 1.83 and a beta of 1.40.
Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, February 6th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.04. The firm had revenue of $350.56 million for the quarter, compared to analysts’ expectations of $340.68 million. Entegris had a return on equity of 20.95% and a net margin of 6.34%. equities analysts predict that Entegris will post 1.75 earnings per share for the current year.
Entegris, Inc develops, manufactures, and supplies microcontamination 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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