Wall Street brokerages forecast that Entegris Inc (NASDAQ:ENTG) will report $0.46 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Entegris’ earnings, with the highest EPS estimate coming in at $0.47 and the lowest estimate coming in at $0.45. Entegris posted earnings of $0.34 per share in the same quarter last year, which would suggest a positive year over year growth rate of 35.3%. The company is scheduled to report its next quarterly 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 financial year, with EPS estimates ranging from $1.78 to $1.89. For the next financial year, analysts forecast that the firm will report earnings of $2.06 per share, with EPS estimates ranging from $1.98 to $2.18. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Entegris.
Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, April 26th. The semiconductor company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.42 by $0.05. Entegris had a net margin of 7.91% and a return on equity of 23.26%. The company had revenue of $367.20 million during the quarter, compared to analysts’ expectations of $358.67 million. During the same quarter in the previous year, the business posted $0.28 EPS. The firm’s revenue was up 15.7% on a year-over-year basis.
In other news, CFO Gregory B. Graves sold 24,318 shares of the company’s stock in a transaction on Tuesday, June 5th. The shares were sold at an average price of $37.01, for a total value of $900,009.18. Following the completion of the transaction, the chief financial officer now owns 85,796 shares in the company, valued at approximately $3,175,309.96. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.20% of the company’s stock.
Several institutional investors have recently modified their holdings of ENTG. Summit Trail Advisors LLC boosted its holdings in shares of Entegris by 1,797.3% in the 1st quarter. Summit Trail Advisors LLC now owns 155,127 shares of the semiconductor company’s stock valued at $155,000 after buying an additional 146,951 shares in the last quarter. Zeke Capital Advisors LLC acquired a new position in shares of Entegris in the 4th quarter valued at $203,000. Lido Advisors LLC acquired a new position in shares of Entegris in the 1st quarter valued at $229,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings 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 in the last quarter. Finally, Capital Fund Management S.A. acquired a new position in shares of Entegris in the 4th quarter valued at $247,000. Institutional investors and hedge funds own 93.45% of the company’s stock.
NASDAQ ENTG traded up $0.15 on Friday, hitting $38.85. 42,033 shares of the stock were exchanged, compared to its average volume of 983,968. The company has a quick ratio of 2.99, a current ratio of 3.79 and a debt-to-equity ratio of 0.54. Entegris has a fifty-two week low of $21.77 and a fifty-two week high of $39.55. The stock has a market capitalization of $5.40 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 1.84 and a beta of 1.42.
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 23rd. Stockholders of record on Wednesday, May 2nd were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.72%. The ex-dividend date was Tuesday, May 1st. Entegris’s payout ratio is 19.44%.
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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