Entegris (ENTG) Expected to Announce Earnings on Thursday

Entegris (NASDAQ:ENTG) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.77 per share and revenue of $823.15 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Entegris (NASDAQ:ENTG) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million for the quarter, compared to the consensus estimate of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The business’s revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 EPS. On average, analysts expect Entegris to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Entegris Stock Up 1.7 %

ENTG stock opened at $101.19 on Wednesday. Entegris has a twelve month low of $94.92 and a twelve month high of $147.57. The company has a market cap of $15.28 billion, a price-to-earnings ratio of 67.01, a P/E/G ratio of 1.38 and a beta of 1.24. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 1.14. The business has a 50 day moving average price of $103.26 and a two-hundred day moving average price of $107.35.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. Entegris’s payout ratio is 26.49%.

Wall Street Analyst Weigh In

A number of brokerages have commented on ENTG. Mizuho cut their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. KeyCorp reduced their price target on Entegris from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft dropped their price objective on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. UBS Group reduced their target price on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Finally, BMO Capital Markets cut their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Entegris currently has a consensus rating of “Moderate Buy” and an average price target of $134.50.

Entegris Company Profile

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).