Entegris (NASDAQ:ENTG) Releases Q4 Earnings Guidance

Entegris (NASDAQ:ENTG) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.75-0.82 for the period, compared to the consensus earnings per share estimate of $0.94. The company issued revenue guidance of $810-840 million, compared to the consensus revenue estimate of $878.81 million. Entegris also updated its Q4 2024 guidance to 0.750-0.820 EPS.

Entegris Stock Performance

Shares of NASDAQ ENTG traded down $0.36 during midday trading on Tuesday, hitting $100.62. 212,504 shares of the company’s stock were exchanged, compared to its average volume of 1,634,777. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $15.19 billion, a PE ratio of 82.77, a price-to-earnings-growth ratio of 1.45 and a beta of 1.24. Entegris has a 12 month low of $89.09 and a 12 month high of $147.57. The company’s 50 day moving average price is $109.36 and its 200 day moving average price is $121.28.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The firm’s revenue was down 9.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.68 earnings per share. As a group, analysts predict that Entegris will post 3.13 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Wednesday, October 30th. Entegris’s dividend payout ratio is currently 32.79%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. BMO Capital Markets lowered their price target on shares of Entegris from $160.00 to $145.00 and set an “outperform” rating on the stock in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft decreased their price target on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and issued a $150.00 target price on shares of Entegris in a report on Thursday, August 1st. Citigroup upgraded Entegris from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $119.00 to $130.00 in a research report on Monday, September 16th. Finally, Mizuho upgraded Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 target price on the stock in a research report on Thursday, August 1st. 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $140.40.

Entegris Company Profile

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).