BidaskClub cut shares of Entegris (NASDAQ:ENTG) from a hold rating to a sell rating in a report issued on Tuesday morning, BidAskClub reports.

Several other research analysts have also commented on the company. Deutsche Bank lowered J B Hunt Transport Services from a buy rating to a sell rating and set a $98.51 price target on the stock. in a report on Wednesday, April 17th. Zacks Investment Research upgraded FirstService from a strong sell rating to a hold rating and set a $110.00 price target on the stock in a report on Tuesday, June 25th. Goldman Sachs Group lowered SUMCO CORP/ADR from a buy rating to a neutral rating in a report on Monday, June 10th. Loop Capital reduced their price target on Entegris to $46.00 and set a buy rating on the stock in a report on Tuesday, April 9th. Finally, Citigroup reiterated a buy rating on shares of Healthequity in a report on Friday, May 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. Entegris has an average rating of Hold and an average target price of $44.00.

NASDAQ ENTG opened at $35.93 on Tuesday. Entegris has a 52 week low of $23.39 and a 52 week high of $42.01. The company has a debt-to-equity ratio of 0.93, a quick ratio of 3.06 and a current ratio of 4.34. The business’s fifty day moving average is $36.24. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 19.01 and a beta of 1.40.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, April 25th. The semiconductor company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.47 by $0.03. Entegris had a return on equity of 26.00% and a net margin of 13.71%. The business had revenue of $391.00 million for the quarter, compared to analyst estimates of $400.43 million. During the same quarter in the previous year, the firm earned $0.47 EPS. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. As a group, equities research analysts expect that Entegris will post 1.94 earnings per share for the current fiscal year.

In related news, SVP William James Shaner sold 15,536 shares of the business’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $40.73, for a total value of $632,781.28. Following the sale, the senior vice president now directly owns 21,062 shares in the company, valued at approximately $857,855.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert Nicholas Burns sold 3,600 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $41.04, for a total transaction of $147,744.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 62,894 shares of company stock worth $2,514,479. 1.50% of the stock is owned by insiders.

Institutional investors and hedge funds have recently modified their holdings of the stock. Icon Wealth Partners LLC purchased a new stake in Entegris in the 1st quarter valued at about $27,000. Parallel Advisors LLC acquired a new position in Entegris in the 1st quarter valued at about $34,000. NumerixS Investment Technologies Inc acquired a new position in Entegris in the 4th quarter valued at about $36,000. Water Island Capital LLC acquired a new position in Entegris in the 1st quarter valued at about $36,000. Finally, FTB Advisors Inc. grew its position in Entegris by 41.9% in the 1st quarter. FTB Advisors Inc. now owns 1,445 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 427 shares in the last quarter.

About Entegris

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).

Recommended Story: Equal Weight Rating

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.