Entegris Inc (NASDAQ:ENTG) has earned a consensus recommendation of “Buy” from the thirteen ratings firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $37.27.

Several analysts recently weighed in on ENTG shares. Stifel Nicolaus increased their price target on Entegris from $36.00 to $42.00 and gave the company a “buy” rating in a report on Monday. KeyCorp increased their price target on Entegris from $37.00 to $45.00 and gave the company an “overweight” rating in a report on Wednesday. Seaport Global Securities restated a “buy” rating and set a $40.00 price target on shares of Entegris in a report on Wednesday. Zacks Investment Research upgraded Entegris from a “sell” rating to a “hold” rating and set a $34.00 price target on the stock in a report on Thursday, February 8th. Finally, Dougherty & Co increased their price target on Entegris from $36.00 to $37.50 and gave the company a “buy” rating in a report on Wednesday, February 7th.

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In other Entegris news, VP Michael Sauer sold 4,317 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $33.58, for a total value of $144,964.86. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Corey Rucci sold 5,732 shares of the stock in a transaction on Monday, March 12th. The stock was sold at an average price of $36.43, for a total value of $208,816.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 335,754 shares of company stock worth $11,317,780. Insiders own 1.50% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Zeke Capital Advisors LLC purchased a new stake in Entegris in the fourth quarter worth $203,000. CAPROCK Group Inc. purchased a new stake in Entegris in the fourth quarter worth $220,000. Wolverine Trading LLC increased its stake in Entegris by 149.6% in the third quarter. Wolverine Trading LLC now owns 6,989 shares of the semiconductor company’s stock worth $202,000 after purchasing an additional 21,089 shares during the period. Barings LLC purchased a new stake in Entegris in the third quarter worth $225,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Entegris by 50.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,016 shares of the semiconductor company’s stock worth $244,000 after purchasing an additional 2,692 shares during the period. Institutional investors and hedge funds own 96.47% of the company’s stock.

Entegris (NASDAQ ENTG) traded down $0.55 during midday trading on Friday, hitting $37.30. The stock had a trading volume of 800,506 shares, compared to its average volume of 988,522. The company has a quick ratio of 2.95, a current ratio of 3.63 and a debt-to-equity ratio of 0.58. The company has a market cap of $5,116.37, a P/E ratio of 63.18, a P/E/G ratio of 1.84 and a beta of 1.44. Entegris has a 52-week low of $21.77 and a 52-week high of $38.25.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, February 6th. The semiconductor company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.04. Entegris had a return on equity of 20.95% and a net margin of 6.34%. The firm had revenue of $350.56 million during the quarter, compared to the consensus estimate of $340.68 million. equities analysts expect that Entegris will post 1.75 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st were paid a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.75%. Entegris’s payout ratio is 23.73%.

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Entegris Company Profile

Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).

Analyst Recommendations for Entegris (NASDAQ:ENTG)

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