Entegris (NASDAQ:ENTG) Issues Q4 2024 Earnings Guidance

Entegris (NASDAQ:ENTG) updated its fourth quarter 2024 earnings guidance on Monday. The company provided EPS guidance of 0.750-0.820 for the period, compared to the consensus EPS estimate of 0.950. The company issued revenue guidance of $810.0 million-$840.0 million, compared to the consensus revenue estimate of $878.8 million.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ENTG shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Entegris from $160.00 to $145.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Mizuho upgraded Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 price target on the stock in a research report on Thursday, August 1st. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research report on Thursday, August 1st. BMO Capital Markets cut their target price on shares of Entegris from $160.00 to $145.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. Finally, Citigroup upgraded shares of Entegris from a “neutral” rating to a “buy” rating and upped their price target for the company from $119.00 to $130.00 in a report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Entegris has a consensus rating of “Moderate Buy” and a consensus target price of $146.40.

Entegris Stock Up 2.2 %

Shares of Entegris stock opened at $107.05 on Monday. The company has a current ratio of 3.58, a quick ratio of 2.14 and a debt-to-equity ratio of 1.18. Entegris has a 12-month low of $84.13 and a 12-month high of $147.57. The company has a market cap of $16.16 billion, a P/E ratio of 87.75, a PEG ratio of 1.41 and a beta of 1.25. The company’s fifty day simple moving average is $109.36 and its two-hundred day simple moving average is $121.34.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, October 30th. Entegris’s payout ratio is currently 32.79%.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).