Entegris, Inc. (NASDAQ:ENTG) Expected to Announce Earnings of $0.99 Per Share

Analysts expect that Entegris, Inc. (NASDAQ:ENTGGet Rating) will announce earnings of $0.99 per share for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Entegris’ earnings. The lowest EPS estimate is $0.98 and the highest is $1.00. Entegris reported earnings per share of $0.70 during the same quarter last year, which suggests a positive year over year growth rate of 41.4%. The company is expected to issue its next earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that Entegris will report full year earnings of $4.16 per share for the current fiscal year, with EPS estimates ranging from $4.10 to $4.25. For the next fiscal year, analysts forecast that the company will report earnings of $4.72 per share, with EPS estimates ranging from $4.33 to $5.01. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Entegris.

Entegris (NASDAQ:ENTGGet Rating) last issued its quarterly earnings data on Tuesday, February 1st. The semiconductor company reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.07. Entegris had a net margin of 17.80% and a return on equity of 29.95%. The firm had revenue of $635.20 million for the quarter, compared to analysts’ expectations of $592.51 million. During the same quarter in the prior year, the business earned $0.71 EPS. The business’s quarterly revenue was up 22.6% on a year-over-year basis.

A number of equities research analysts have commented on ENTG shares. StockNews.com started coverage on shares of Entegris in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Zacks Investment Research cut shares of Entegris from a “buy” rating to a “hold” rating in a research note on Tuesday, April 5th. Mizuho upgraded shares of Entegris from a “neutral” rating to a “buy” rating and set a $158.00 target price on the stock in a research note on Wednesday, February 2nd. Seaport Res Ptn upgraded shares of Entegris from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Entegris from $160.00 to $145.00 and set a “buy” rating on the stock in a research report on Wednesday, April 13th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $169.11.

In related news, SVP Corey Rucci sold 2,130 shares of the firm’s stock in a transaction on Tuesday, March 29th. The shares were sold at an average price of $140.00, for a total value of $298,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Todd James Edlund sold 24,289 shares of the firm’s stock in a transaction on Wednesday, March 30th. The shares were sold at an average price of $137.32, for a total transaction of $3,335,365.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 49,257 shares of company stock valued at $6,606,256. 0.61% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. UMB Bank N A MO purchased a new position in Entegris during the fourth quarter worth $25,000. Quent Capital LLC purchased a new position in Entegris during the fourth quarter worth $27,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Entegris during the fourth quarter worth $35,000. Whittier Trust Co. bought a new stake in shares of Entegris during the third quarter worth $37,000. Finally, Sphinx Trading LP bought a new stake in shares of Entegris during the fourth quarter worth $42,000. 98.45% of the stock is owned by institutional investors.

NASDAQ ENTG opened at $112.67 on Friday. Entegris has a 12 month low of $101.16 and a 12 month high of $158.00. The stock has a market cap of $15.31 billion, a price-to-earnings ratio of 37.56 and a beta of 1.11. The company’s 50 day moving average is $125.03 and its two-hundred day moving average is $132.52. The company has a current ratio of 3.47, a quick ratio of 2.21 and a debt-to-equity ratio of 0.55.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 25th. Investors of record on Wednesday, May 4th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Tuesday, May 3rd. Entegris’s dividend payout ratio (DPR) is presently 13.33%.

Entegris Company Profile (Get Rating)

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: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).

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Earnings History and Estimates for Entegris (NASDAQ:ENTG)

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