Recent Analysts’ Ratings Changes for Entegris (ENTG)

A number of research firms have changed their ratings and price targets for Entegris (NASDAQ: ENTG):

• 11/6/2024 – Entegris had its price target lowered by analysts at Citigroup Inc. from $130.00 to $123.00. They now have a “buy” rating on the stock.
• 11/5/2024 – Entegris had its price target lowered by analysts at KeyCorp from $164.00 to $154.00. They now have an “overweight” rating on the stock.
• 11/5/2024 – Entegris had its price target lowered by analysts at BMO Capital Markets from $145.00 to $135.00. They now have an “outperform” rating on the stock.
• 11/5/2024 – Entegris had its price target lowered by analysts at Mizuho from $143.00 to $125.00. They now have an “outperform” rating on the stock.
• 11/5/2024 – Entegris had its price target lowered by analysts at UBS Group AG from $130.00 to $115.00. They now have a “neutral” rating on the stock.
• 11/5/2024 – Entegris had its price target lowered by analysts at Craig Hallum from $150.00 to $130.00. They now have a “buy” rating on the stock.
• 11/5/2024 – Entegris had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $145.00 to $115.00. They now have a “buy” rating on the stock.

Entegris Price Performance

Shares of NASDAQ:ENTG traded up $1.12 during trading on Monday, reaching $108.36. The stock had a trading volume of 576,580 shares, compared to its average volume of 1,704,476. The business has a fifty day moving average price of $107.09 and a 200-day moving average price of $118.56. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. The stock has a market cap of $16.36 billion, a PE ratio of 71.76, a PEG ratio of 1.77 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). The business had revenue of $807.70 million for the quarter, compared to analysts’ expectations of $832.44 million. Entegris had a net margin of 7.13% and a return on equity of 12.24%. The firm’s revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 EPS. On average, equities analysts forecast that Entegris, Inc. will post 2.99 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th were issued a $0.10 dividend. The ex-dividend date was Wednesday, October 30th. This represents a $0.40 annualized dividend and a yield of 0.37%. Entegris’s payout ratio is 26.49%.

Institutional Investors Weigh In On Entegris

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Innealta Capital LLC acquired a new position in Entegris in the 2nd quarter valued at about $26,000. Quarry LP purchased a new stake in Entegris during the 2nd quarter worth approximately $27,000. Summit Securities Group LLC purchased a new position in Entegris in the 2nd quarter valued at approximately $27,000. Opal Wealth Advisors LLC acquired a new position in shares of Entegris in the second quarter worth $31,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Entegris during the third quarter worth $29,000.

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).