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Brokerages expect that Entegris, Inc. (NASDAQ:ENTGGet Rating) will post sales of $670.67 million for the current quarter, according to Zacks. Five analysts have made estimates for Entegris’ earnings, with estimates ranging from $665.50 million to $674.80 million. Entegris posted sales of $571.35 million during the same quarter last year, which suggests a positive year over year growth rate of 17.4%. The business is expected to issue its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Entegris will report full-year sales of $2.71 billion for the current year, with estimates ranging from $2.68 billion to $2.73 billion. For the next financial year, analysts forecast that the business will post sales of $3.03 billion, with estimates ranging from $2.93 billion to $3.10 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow Entegris.

Entegris (NASDAQ:ENTGGet Rating) last issued its quarterly earnings data on Tuesday, April 26th. The semiconductor company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.07. The firm had revenue of $649.65 million for the quarter, compared to the consensus estimate of $640.85 million. Entegris had a net margin of 18.48% and a return on equity of 31.17%. Entegris’s quarterly revenue was up 26.7% compared to the same quarter last year. During the same period last year, the firm posted $0.70 EPS.

Several research firms have commented on ENTG. Citigroup lowered their target price on shares of Entegris from $160.00 to $145.00 in a research note on Wednesday, April 27th. KeyCorp cut their price target on shares of Entegris from $183.00 to $150.00 in a report on Wednesday, April 27th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Entegris from $160.00 to $145.00 and set a “buy” rating on the stock in a report on Wednesday, April 13th. Mizuho upgraded shares of Entegris from a “neutral” rating to a “buy” rating and set a $158.00 price target on the stock in a report on Wednesday, February 2nd. Finally, Stifel Nicolaus boosted their price target on shares of Entegris from $180.00 to $186.00 in a report on Tuesday, April 26th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $154.00.

Entegris stock opened at $109.24 on Friday. The stock has a market cap of $14.84 billion, a price-to-earnings ratio of 33.10 and a beta of 1.16. The company has a current ratio of 3.68, a quick ratio of 2.22 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average price is $119.83 and its two-hundred day moving average price is $130.70. Entegris has a 52 week low of $99.82 and a 52 week high of $158.00.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 25th. Stockholders of record on Wednesday, May 4th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. The ex-dividend date is Tuesday, May 3rd. Entegris’s dividend payout ratio is currently 12.12%.

In other Entegris news, CFO Gregory B. Graves sold 12,142 shares of the firm’s stock in a transaction dated Thursday, March 31st. The shares were sold at an average price of $133.10, for a total transaction of $1,616,100.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Corey Rucci sold 2,130 shares of the firm’s stock in a transaction dated Tuesday, March 29th. The stock was sold at an average price of $140.00, for a total transaction of $298,200.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 49,257 shares of company stock worth $6,606,256. 0.61% of the stock is currently owned by company insiders.

Several large investors have recently bought and sold shares of ENTG. BlackRock Inc. boosted its holdings in Entegris by 2.6% in the first quarter. BlackRock Inc. now owns 15,038,324 shares of the semiconductor company’s stock valued at $1,973,931,000 after acquiring an additional 374,707 shares during the last quarter. David J Yvars Group raised its position in shares of Entegris by 16,147.7% during the fourth quarter. David J Yvars Group now owns 11,407,640 shares of the semiconductor company’s stock worth $11,408,000 after purchasing an additional 11,337,429 shares during the period. Sands Capital Management LLC acquired a new stake in shares of Entegris during the first quarter worth about $583,864,000. WCM Investment Management LLC raised its position in shares of Entegris by 2.3% during the first quarter. WCM Investment Management LLC now owns 2,934,912 shares of the semiconductor company’s stock worth $385,237,000 after purchasing an additional 64,860 shares during the period. Finally, Neuberger Berman Group LLC raised its position in shares of Entegris by 29.9% during the third quarter. Neuberger Berman Group LLC now owns 2,699,967 shares of the semiconductor company’s stock worth $339,245,000 after purchasing an additional 621,749 shares during the period. Institutional investors own 97.32% of the company’s stock.

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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