Entegris (ENTG) Set to Announce Quarterly Earnings on Monday

Entegris (NASDAQ:ENTG) is scheduled to post its quarterly earnings results before the market opens on Monday, November 4th. Analysts expect Entegris to post earnings of $0.79 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Wednesday, July 31st. The semiconductor company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.01. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The firm had revenue of $812.60 million during the quarter, compared to the consensus estimate of $802.43 million. During the same period in the previous year, the firm posted $0.66 earnings per share. The business’s revenue was down 9.8% compared to the same quarter last year. On average, analysts expect Entegris to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Entegris Trading Up 2.2 %

ENTG opened at $107.05 on Friday. Entegris has a 1-year low of $84.13 and a 1-year high of $147.57. The company has a current ratio of 3.58, a quick ratio of 2.14 and a debt-to-equity ratio of 1.18. The company has a market cap of $16.16 billion, a P/E ratio of 87.75, a price-to-earnings-growth ratio of 1.44 and a beta of 1.24. The company has a fifty day moving average price of $109.36 and a two-hundred day moving average price of $121.41.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, October 30th. Entegris’s dividend payout ratio (DPR) is currently 32.79%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Citigroup raised shares of Entegris from a “neutral” rating to a “buy” rating and lifted their price target for the company from $119.00 to $130.00 in a research note on Monday, September 16th. BMO Capital Markets decreased their target price on shares of Entegris from $160.00 to $145.00 and set an “outperform” rating for the company in a research report on Thursday, August 1st. Needham & Company LLC reissued a “buy” rating and set a $150.00 target price on shares of Entegris in a research report on Thursday, August 1st. Mizuho raised shares of Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 target price for the company in a research report on Thursday, August 1st. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Entegris from $160.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Entegris has an average rating of “Moderate Buy” and an average target price of $146.40.

About Entegris

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).