Entegris (NASDAQ:ENTG) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, ValuEngine reports.

Other equities analysts also recently issued research reports about the company. Loop Capital decreased their target price on Entegris to $46.00 and set a “buy” rating for the company in a report on Tuesday, April 9th. Berenberg Bank assumed coverage on Entegris in a report on Thursday, March 21st. They set a “buy” rating and a $43.00 target price for the company. BidaskClub downgraded Entegris from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 21st. Deutsche Bank upped their target price on Entegris from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Finally, Zacks Investment Research upgraded Entegris from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Entegris presently has an average rating of “Buy” and an average target price of $42.43.

NASDAQ:ENTG opened at $40.86 on Tuesday. The company has a market cap of $5.51 billion, a PE ratio of 21.62 and a beta of 1.32. Entegris has a fifty-two week low of $23.39 and a fifty-two week high of $41.72. The company has a quick ratio of 2.82, a current ratio of 3.82 and a debt-to-equity ratio of 0.92.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, February 5th. The semiconductor company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. The company had revenue of $401.60 million during the quarter, compared to the consensus estimate of $398.98 million. Entegris had a return on equity of 25.86% and a net margin of 15.53%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.42 earnings per share. Sell-side analysts anticipate that Entegris will post 2.01 earnings per share for the current year.

In other Entegris news, SVP Stuart Tison sold 11,576 shares of the stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $38.96, for a total value of $451,000.96. Following the completion of the transaction, the senior vice president now owns 74,744 shares in the company, valued at $2,912,026.24. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Gregory B. Graves sold 37,167 shares of the stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $34.24, for a total value of $1,272,598.08. Following the completion of the transaction, the chief financial officer now owns 67,126 shares of the company’s stock, valued at approximately $2,298,394.24. The disclosure for this sale can be found here. In the last 90 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 and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc raised its holdings in Entegris by 3.5% in the third quarter. Vanguard Group Inc now owns 12,923,047 shares of the semiconductor company’s stock worth $374,123,000 after purchasing an additional 437,632 shares in the last quarter. Vanguard Group Inc. raised its holdings in Entegris by 3.5% in the third quarter. Vanguard Group Inc. now owns 12,923,047 shares of the semiconductor company’s stock worth $374,123,000 after purchasing an additional 437,632 shares in the last quarter. FMR LLC raised its holdings in Entegris by 19.9% in the fourth quarter. FMR LLC now owns 5,740,240 shares of the semiconductor company’s stock worth $160,124,000 after purchasing an additional 953,373 shares in the last quarter. Shapiro Capital Management LLC raised its holdings in Entegris by 8.3% in the fourth quarter. Shapiro Capital Management LLC now owns 4,688,696 shares of the semiconductor company’s stock worth $130,791,000 after purchasing an additional 360,416 shares in the last quarter. Finally, Eagle Asset Management Inc. raised its holdings in Entegris by 11.1% in the fourth quarter. Eagle Asset Management Inc. now owns 2,991,728 shares of the semiconductor company’s stock worth $83,454,000 after purchasing an additional 298,532 shares in the last quarter.

Entegris Company Profile

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).

Featured Story: What is required to own or exchange cryptocurrency?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Entegris (NASDAQ:ENTG)

Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.