Entegris, Inc. (NASDAQ:ENTG) Stock Has Consensus Target Price of $187.17 According to Analysts

Entegris, Inc. (NASDAQ:ENTG – Get Free Report) has received a consensus rating of “Moderate Buy” from the fifteen research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $187.17.

Several equities research analysts have weighed in on ENTG shares. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Stifel Nicolaus initiated coverage on Entegris in a research report on Wednesday, October 7th. They set a “buy” rating and a $200.00 price target on the stock. Truist Financial increased their price target on Entegris from $190.00 to $199.00 and gave the company a “buy” rating in a research note on Friday, October 30th. The Goldman Sachs Group boosted their price target on Entegris from $120.00 to $135.00 and gave the stock a “sell” rating in a research note on Friday, October 30th. Finally, Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 7th.

View Our Latest Analysis on Entegris

Insider Transactions at Entegris

In related news, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the transaction, the insider owned 34,997 shares of the company’s stock, valued at $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares of the company’s stock, valued at $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,978 shares of company stock worth $1,273,734 over the last 90 days. 0.53% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Entegris

Several hedge funds have recently bought and sold shares of ENTG. Fulcrum Asset Management LLP purchased a new position in Entegris during the third quarter worth approximately $25,000. Ancora Advisors LLC acquired a new stake in Entegris in the second quarter valued at approximately $31,000. Transamerica Financial Advisors LLC acquired a new stake in Entegris in the second quarter valued at approximately $32,000. Boit C F David purchased a new stake in shares of Entegris in the third quarter valued at approximately $32,000. Finally, Millstone Evans Group LLC increased its holdings in Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 176 shares in the last quarter.

Entegris Stock Performance

ENTG stock opened at $142.87 on Friday. The firm has a market cap of $21.83 billion, a price-to-earnings ratio of 55.81, a PEG ratio of 1.22 and a beta of 1.39. The firm has a 50-day simple moving average of $146.85 and a two-hundred day simple moving average of $138.48. Entegris has a one year low of $67.97 and a one year high of $186.94. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.59 and a current ratio of 2.66.

Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.03 by $0.20. Entegris had a net margin of 11.14% and a return on equity of 13.86%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $925.35 million. During the same quarter in the previous year, the business posted $0.72 EPS. Entegris’s revenue was up 24.6% on a year-over-year basis. On average, equities analysts forecast that Entegris will post 4.30 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, October 28th. Entegris’s dividend payout ratio is 15.62%.

Entegris Company Profile

(Get Free Report)

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.

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Analyst Recommendations for Entegris (NASDAQ:ENTG)

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