Entegris (ENTG) Given News Impact Score of 0.18
News articles about Entegris (NASDAQ:ENTG) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Entegris earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 46.6168796907115 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
ENTG has been the topic of several recent analyst reports. Goldman Sachs Group, Inc. (The) raised Entegris from a “buy” rating to a “conviction-buy” rating and set a $29.00 price target on the stock in a research report on Monday, May 22nd. BidaskClub lowered Entegris from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Deutsche Bank AG initiated coverage on Entegris in a research report on Wednesday, July 5th. They set a “hold” rating and a $24.00 price target on the stock. Zacks Investment Research raised Entegris from a “hold” rating to a “strong-buy” rating and set a $30.00 price target on the stock in a research report on Monday, July 31st. Finally, Stifel Nicolaus reissued a “buy” rating and set a $29.00 price target (up from $28.00) on shares of Entegris in a research report on Sunday, July 30th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $27.50.
Entegris (NASDAQ ENTG) opened at 24.50 on Tuesday. Entegris has a 52-week low of $14.73 and a 52-week high of $27.20. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 29.13 and a beta of 1.47. The company’s 50-day moving average price is $24.76 and its 200 day moving average price is $23.64.
Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, July 27th. The semiconductor company reported $0.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.05. Entegris had a net margin of 9.63% and a return on equity of 17.04%. The company had revenue of $329 million for the quarter, compared to analyst estimates of $324.51 million. During the same quarter in the prior year, the business posted $0.28 EPS. The firm’s revenue was up 8.5% compared to the same quarter last year. Equities analysts predict that Entegris will post $1.28 earnings per share for the current fiscal year.
In related news, CFO Gregory B. Graves sold 32,593 shares of the company’s stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $26.01, for a total value of $847,743.93. Following the sale, the chief financial officer now owns 65,554 shares in the company, valued at approximately $1,705,059.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Nicholas Burns sold 4,901 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $24.51, for a total transaction of $120,123.51. Following the completion of the sale, the director now owns 51,272 shares in the company, valued at approximately $1,256,676.72. The disclosure for this sale can be found here. Insiders sold a total of 76,999 shares of company stock worth $1,992,670 in the last 90 days. 1.70% of the stock is currently owned by company insiders.
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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).
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