Equities research analysts expect that Entegris Inc (NASDAQ:ENTG) will post earnings of $0.46 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Entegris’ earnings. The highest EPS estimate is $0.47 and the lowest is $0.45. Entegris posted earnings of $0.34 per share during the same quarter last year, which would indicate a positive year over year growth rate of 35.3%. The firm is scheduled to report its next earnings results on Thursday, July 26th.
On average, analysts expect that Entegris will report full-year earnings of $1.84 per share for the current fiscal year, with EPS estimates ranging from $1.78 to $1.89. For the next year, analysts expect that the company will report earnings of $2.06 per share, with EPS estimates ranging from $1.98 to $2.18. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow Entegris.
Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, April 26th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.05. Entegris had a return on equity of 23.26% and a net margin of 7.91%. The company had revenue of $367.20 million for the quarter, compared to analyst estimates of $358.67 million. During the same quarter last year, the company posted $0.28 EPS. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year.
In other Entegris news, CFO Gregory B. Graves sold 24,318 shares of the company’s stock in a transaction dated Tuesday, June 5th. The stock was sold at an average price of $37.01, for a total value of $900,009.18. Following the sale, the chief financial officer now owns 85,796 shares in the company, valued at approximately $3,175,309.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.20% of the company’s stock.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ENTG. Schwab Charles Investment Management Inc. grew its position in shares of Entegris by 7.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 898,884 shares of the semiconductor company’s stock valued at $27,372,000 after buying an additional 63,204 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Entegris in the 4th quarter valued at about $376,000. Mutual of America Capital Management LLC bought a new stake in shares of Entegris in the 4th quarter valued at about $3,013,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Entegris by 50.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,016 shares of the semiconductor company’s stock valued at $244,000 after buying an additional 2,692 shares during the last quarter. Finally, Aperio Group LLC grew its position in shares of Entegris by 7.5% in the 4th quarter. Aperio Group LLC now owns 35,024 shares of the semiconductor company’s stock valued at $1,066,000 after buying an additional 2,431 shares during the last quarter. Hedge funds and other institutional investors own 93.45% of the company’s stock.
ENTG stock traded up $0.15 during midday trading on Friday, reaching $38.85. 42,033 shares of the stock were exchanged, compared to its average volume of 983,968. The firm has a market capitalization of $5.40 billion, a P/E ratio of 26.94, a P/E/G ratio of 1.84 and a beta of 1.42. Entegris has a 52 week low of $21.77 and a 52 week high of $39.55. The company has a quick ratio of 2.99, a current ratio of 3.79 and a debt-to-equity ratio of 0.54.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 23rd. Investors of record on Wednesday, May 2nd were given a dividend of $0.07 per share. The ex-dividend date was Tuesday, May 1st. This represents a $0.28 dividend on an annualized basis and a yield of 0.72%. Entegris’s dividend payout ratio is currently 19.44%.
Entegris Company Profile
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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