Entegris (NASDAQ:ENTG – Get Free Report) had its target price raised by equities research analysts at Barclays from $212.00 to $224.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “overweight” rating on the semiconductor company’s stock. Barclays‘s price target would suggest a potential upside of 47.30% from the stock’s current price.
ENTG has been the subject of a number of other research reports. Citigroup boosted their price objective on Entegris from $170.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday, October 20th. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Needham & Company LLC boosted their price target on Entegris from $170.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, BMO Capital Markets increased their price objective on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $184.33.
Get Our Latest Stock Analysis on ENTG
Entegris Stock Performance
Entegris stock traded down $7.93 during mid-day trading on Friday, hitting $152.07. 643,575 shares of the company’s stock traded hands, compared to its average volume of 2,839,949. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The firm has a 50 day simple moving average of $146.13 and a two-hundred day simple moving average of $137.58. Entegris has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The stock has a market cap of $23.19 billion, a price-to-earnings ratio of 76.43, a P/E/G ratio of 1.46 and a beta of 1.40.
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.03 by $0.20. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $925.35 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.72 earnings per share. On average, research analysts expect that Entegris will post 3.93 EPS for the current fiscal year.
Insider Transactions at Entegris
In other Entegris news, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the transaction, the insider owned 34,997 shares of the company’s stock, valued at $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Ancora Advisors LLC acquired a new position in shares of Entegris during the 2nd quarter worth $31,000. Transamerica Financial Advisors LLC bought a new stake in shares of Entegris during the 2nd quarter worth $32,000. Boit C F David acquired a new stake in Entegris in the third quarter valued at about $32,000. Millstone Evans Group LLC boosted its stake in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its position in Entegris by 51.1% in the third quarter. SBI Securities Co. Ltd. now owns 278 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 94 shares during the last quarter.
Key Stories Impacting Entegris
Here are the key news stories impacting Entegris this week:
- Positive Sentiment: Q3 results significantly exceeded expectations. Entegris reported revenue of $1.006 billion, up 24.6% year over year and well above the approximately $925 million consensus estimate. Adjusted EPS was $1.23 versus expectations near $1.03, while GAAP gross margin expanded to 49.7% from 43.5% a year earlier. Entegris Beats Q3 Earnings and Revenue Estimates
- Positive Sentiment: Management provided a constructive fourth-quarter outlook. Entegris expects sales of $1.025 billion to $1.055 billion and GAAP EPS of $1.09 to $1.17, indicating continued momentum after the record third quarter. Advanced Purity Solutions led revenue with $604.9 million, while Materials Solutions contributed $404.1 million. Entegris Announces Q4 Financial Outlook
- Positive Sentiment: Analysts raised their valuation expectations. UBS maintained a Buy rating and lifted its price target to $220 from $205, citing strong earnings, structural margin upside, and long-term growth prospects. Needham also raised its target to $185 from $170 and reiterated a Buy rating. UBS Raises Entegris Price Target
- Neutral Sentiment: Entegris generated $266.8 million in operating cash flow and paid down $200 million of debt during the quarter, strengthening its balance sheet. However, institutional positioning was mixed, with some large funds adding shares while others reduced or exited positions.
- Negative Sentiment: Valuation and insider activity could limit further gains. Shares trade at roughly 80 times earnings, leaving the stock sensitive to any slowdown in semiconductor demand or margin expansion. Separately, reported insider transactions over the past six months consisted entirely of sales, with no purchases. Entegris Stock Looks Fully Priced
About Entegris
Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.
The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.
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