$0.46 Earnings Per Share Expected for Entegris Inc (ENTG) This Quarter

Analysts expect Entegris Inc (NASDAQ:ENTG) to report earnings per share of $0.46 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Entegris’ earnings, with the highest EPS estimate coming in at $0.47 and the lowest estimate coming in at $0.44. Entegris reported earnings of $0.42 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 9.5%. The firm is scheduled to issue its next earnings results on Tuesday, February 5th.

On average, analysts expect that Entegris will report full-year earnings of $1.88 per share for the current fiscal year, with EPS estimates ranging from $1.86 to $1.89. For the next fiscal year, analysts forecast that the company will post earnings of $2.07 per share, with EPS estimates ranging from $2.00 to $2.12. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for Entegris.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, October 25th. The semiconductor company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.03). The firm had revenue of $398.60 million during the quarter, compared to analyst estimates of $401.79 million. Entegris had a return on equity of 25.34% and a net margin of 8.78%.

ENTG has been the subject of a number of research reports. Deutsche Bank upgraded Entegris from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $40.00 to $38.00 in a research report on Monday, October 1st. BidaskClub lowered Entegris from a “sell” rating to a “strong sell” rating in a research report on Tuesday, October 9th. Zacks Investment Research lowered Entegris from a “buy” rating to a “hold” rating in a research report on Tuesday, September 18th. Goldman Sachs Group lowered Entegris from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, September 12th. Finally, Loop Capital set a $46.00 price objective on Entegris and gave the stock a “buy” rating in a research report on Saturday, July 28th. Three investment analysts have rated the stock with a sell rating and ten have assigned a buy rating to the stock. Entegris has an average rating of “Buy” and an average price target of $41.60.

In other Entegris news, Director James Gentilcore sold 14,868 shares of the firm’s stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $33.92, for a total transaction of $504,322.56. Following the transaction, the director now owns 4,090 shares in the company, valued at $138,732.80. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.20% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of ENTG. First Interstate Bank boosted its holdings in Entegris by 82.2% during the third quarter. First Interstate Bank now owns 4,465 shares of the semiconductor company’s stock worth $129,000 after buying an additional 2,015 shares during the last quarter. First Hawaiian Bank bought a new position in Entegris during the third quarter worth about $137,000. Centaurus Financial Inc. bought a new position in Entegris during the second quarter worth about $170,000. Gryphon Financial Partners LLC boosted its holdings in Entegris by 225.0% during the third quarter. Gryphon Financial Partners LLC now owns 6,389 shares of the semiconductor company’s stock worth $185,000 after buying an additional 4,423 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Entegris during the third quarter worth about $201,000. Hedge funds and other institutional investors own 94.76% of the company’s stock.

ENTG stock traded up $0.22 during midday trading on Friday, reaching $27.50. The stock had a trading volume of 426,404 shares, compared to its average volume of 1,175,315. The company has a quick ratio of 2.64, a current ratio of 3.89 and a debt-to-equity ratio of 0.60. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 19.10 and a beta of 1.43. Entegris has a twelve month low of $23.39 and a twelve month high of $39.55.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 21st. Shareholders of record on Wednesday, October 31st were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Tuesday, October 30th. Entegris’s dividend payout ratio (DPR) is currently 19.44%.

About Entegris

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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