Entegris (ENTG) to Release Quarterly Earnings on Monday

Entegris (NASDAQ:ENTG) will be issuing its quarterly earnings data before the market opens on Monday, November 4th. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Entegris has set its Q3 2024 guidance at 0.750-0.800 EPS and its Q3 guidance at $0.75-$0.80 EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Entegris (NASDAQ:ENTG) last released its earnings results on Wednesday, July 31st. The semiconductor company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.01. Entegris had a return on equity of 12.03% and a net margin of 5.61%. The firm had revenue of $812.60 million during the quarter, compared to the consensus estimate of $802.43 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’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 1.3 %

Entegris stock opened at $105.01 on Monday. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18. Entegris has a 52 week low of $84.13 and a 52 week high of $147.57. The company has a market capitalization of $15.85 billion, a price-to-earnings ratio of 86.07, a price-to-earnings-growth ratio of 1.39 and a beta of 1.24. The stock has a 50-day moving average price of $110.10 and a 200 day moving average price of $122.20.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Wednesday, October 30th. Entegris’s dividend payout ratio (DPR) is 32.79%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on ENTG shares. Needham & Company LLC reaffirmed a “buy” rating and set a $150.00 target price on shares of Entegris in a report on Thursday, August 1st. Mizuho upgraded Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 price target for the company in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft reduced their price target on Entegris from $160.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. Citigroup upgraded 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 report on Monday, September 16th. Finally, BMO Capital Markets reduced their price target on Entegris from $160.00 to $145.00 and set an “outperform” 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 given a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Entegris presently has a consensus rating of “Moderate Buy” and an average target price of $146.40.

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).