Entegris (ENTG) Earning Somewhat Positive Press Coverage, Report Finds
News headlines about Entegris (NASDAQ:ENTG) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Entegris earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 46.0612498929548 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern’s rankings:
- Insider Selling: Entegris, Inc. (ENTG) Director Sells 3,500 Shares of Stock (americanbankingnews.com)
- Entegris, Inc. (ENTG) VP Corey Rucci Sells 15,000 Shares (americanbankingnews.com)
- Entegris to Report Results for Third Quarter of 2017 on October 26, 2017 (finance.yahoo.com)
- Entegris And Hubei Jingxing Sign Manufacturing Agreement To Increase Supply For Critical 3D NAND Material In China (finance.yahoo.com)
A number of equities research analysts have issued reports on ENTG shares. Stifel Nicolaus reiterated a “buy” rating and issued a $29.00 target price (up from $28.00) on shares of Entegris in a research note on Sunday, July 30th. Dougherty & Co raised their target price on Entegris from $27.50 to $30.00 and gave the company a “buy” rating in a research note on Friday, July 28th. BidaskClub upgraded Entegris from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Goldman Sachs Group, Inc. (The) upgraded Entegris from a “buy” rating to a “conviction-buy” rating and set a $29.00 target price on the stock in a research note on Monday, May 22nd. Finally, Deutsche Bank AG started coverage on Entegris in a research note on Wednesday, July 5th. They issued a “hold” rating and a $24.00 target price on the stock. Four 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 company’s stock. Entegris presently has a consensus rating of “Buy” and a consensus target price of $27.50.
Entegris (NASDAQ:ENTG) opened at 25.45 on Friday. Entegris has a 12-month low of $14.73 and a 12-month high of $27.20. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 30.26 and a beta of 1.46. The company’s 50-day moving average price is $25.12 and its 200-day moving average price is $23.94.
Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The company had revenue of $329 million for the quarter, compared to analyst estimates of $324.51 million. Entegris had a return on equity of 17.04% and a net margin of 9.63%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.28 earnings per share. Equities analysts expect that Entegris will post $1.28 EPS for the current fiscal year.
In other Entegris news, CFO Gregory B. Graves sold 19,712 shares of the business’s stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $26.21, for a total value of $516,651.52. Following the transaction, the chief financial officer now owns 61,546 shares of the company’s stock, valued at $1,613,120.66. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Corey Rucci sold 15,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $26.25, for a total value of $393,750.00. Following the completion of the transaction, the vice president now directly owns 25,964 shares in the company, valued at approximately $681,555. The disclosure for this sale can be found here. In the last three months, insiders sold 85,764 shares of company stock worth $2,223,894. Insiders own 1.70% of the company’s stock.
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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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