Zacks: Analysts Anticipate Entegris Inc (ENTG) to Post $0.47 Earnings Per Share
Brokerages predict that Entegris Inc (NASDAQ:ENTG) will announce earnings of $0.47 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Entegris’ earnings, with the highest EPS estimate coming in at $0.48 and the lowest estimate coming in at $0.46. Entegris also posted earnings per share of $0.47 in the same quarter last year. The business is expected to announce its next quarterly earnings results on Thursday, April 25th.
On average, analysts expect that Entegris will report full-year earnings of $2.01 per share for the current financial year, with EPS estimates ranging from $2.00 to $2.01. For the next fiscal year, analysts anticipate that the company will post earnings of $2.31 per share, with EPS estimates ranging from $2.30 to $2.32. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Entegris.
Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.01. Entegris had a net margin of 15.53% and a return on equity of 25.86%. The firm had revenue of $401.60 million during the quarter, compared to analysts’ expectations of $398.98 million. During the same period in the prior year, the company posted $0.42 EPS. The company’s revenue was up 14.5% on a year-over-year basis.
Shares of ENTG traded down $0.08 during trading hours on Thursday, hitting $39.28. 1,390,425 shares of the stock were exchanged, compared to its average volume of 1,981,865. Entegris has a fifty-two week low of $23.39 and a fifty-two week high of $40.17. The company has a quick ratio of 2.82, a current ratio of 3.82 and a debt-to-equity ratio of 0.92. The stock has a market cap of $5.33 billion, a PE ratio of 20.78 and a beta of 1.32.
In other Entegris news, CFO Gregory B. Graves sold 37,167 shares of Entegris stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $34.24, for a total transaction of $1,272,598.08. Following the completion of the sale, the chief financial officer now directly owns 67,126 shares in the company, valued at $2,298,394.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Todd James Edlund sold 32,977 shares of Entegris stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $35.08, for a total transaction of $1,156,833.16. Following the sale, the chief operating officer now owns 147,556 shares of the company’s stock, valued at $5,176,264.48. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 85,508 shares of company stock valued at $3,019,111. 1.50% of the stock is owned by corporate insiders.
A number of institutional investors have recently made changes to their positions in ENTG. NumerixS Investment Technologies Inc bought a new stake in Entegris during the 4th quarter valued at $36,000. CX Institutional purchased a new stake in shares of Entegris in the fourth quarter valued at $73,000. First Interstate Bank grew its position in Entegris by 22.1% during the fourth quarter. First Interstate Bank now owns 5,450 shares of the semiconductor company’s stock valued at $152,000 after acquiring an additional 985 shares during the period. Berman Capital Advisors LLC purchased a new stake in Entegris during the fourth quarter valued at about $174,000. Finally, Jane Street Group LLC acquired a new position in shares of Entegris during the third quarter worth about $201,000.
Entegris, Inc develops, manufactures, and supplies micro contamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).
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