Entegris Inc (NASDAQ:ENTG) – Seaport Global Securities increased their Q1 2018 earnings estimates for shares of Entegris in a research report issued on Monday. Seaport Global Securities analyst M. Harrison now expects that the semiconductor company will earn $0.42 per share for the quarter, up from their prior forecast of $0.37. Seaport Global Securities has a “Buy” rating and a $37.00 price target on the stock. Seaport Global Securities also issued estimates for Entegris’ Q2 2018 earnings at $0.44 EPS, Q3 2018 earnings at $0.46 EPS, Q4 2018 earnings at $0.48 EPS, FY2018 earnings at $1.79 EPS, Q1 2019 earnings at $0.48 EPS, Q2 2019 earnings at $0.50 EPS, Q3 2019 earnings at $0.52 EPS, Q4 2019 earnings at $0.53 EPS and FY2019 earnings at $2.02 EPS.

A number of other equities analysts have also recently issued reports on the stock. Loop Capital upped their price target on shares of Entegris from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a research note on Thursday, October 19th. Citigroup upped their price target on shares of Entegris from $29.00 to $34.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Dougherty & Co upped their price target on shares of Entegris from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $35.00 price target on shares of Entegris in a research note on Friday, October 27th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Entegris presently has a consensus rating of “Buy” and a consensus target price of $32.77.

Entegris (ENTG) opened at $31.15 on Tuesday. The stock has a market cap of $4,400.00, a PE ratio of 52.80, a P/E/G ratio of 1.62 and a beta of 1.51. Entegris has a one year low of $20.85 and a one year high of $35.35. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.14 and a quick ratio of 2.43.

Several large investors have recently modified their holdings of the company. State Street Corp lifted its stake in shares of Entegris by 5.7% in the 2nd quarter. State Street Corp now owns 2,842,071 shares of the semiconductor company’s stock worth $62,383,000 after purchasing an additional 152,890 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Entegris by 9.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,478,586 shares of the semiconductor company’s stock worth $71,507,000 after purchasing an additional 211,759 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Entegris by 2.4% in the 4th quarter. Renaissance Technologies LLC now owns 1,759,455 shares of the semiconductor company’s stock worth $53,575,000 after purchasing an additional 41,365 shares during the period. Carillon Tower Advisers Inc. bought a new position in shares of Entegris in the 4th quarter worth approximately $51,256,000. Finally, Geode Capital Management LLC lifted its stake in shares of Entegris by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 1,402,887 shares of the semiconductor company’s stock worth $42,717,000 after purchasing an additional 50,809 shares during the period. Hedge funds and other institutional investors own 95.70% of the company’s stock.

In other news, Director Paul L. H. Olson sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $30.21, for a total value of $90,630.00. Following the transaction, the director now owns 45,364 shares in the company, valued at approximately $1,370,446.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael A. Bradley sold 5,000 shares of the stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $30.00, for a total transaction of $150,000.00. Following the completion of the transaction, the director now owns 65,557 shares in the company, valued at approximately $1,966,710. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, January 30th. Entegris’s dividend payout ratio is currently 23.73%.

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About Entegris

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).

Earnings History and Estimates for Entegris (NASDAQ:ENTG)

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