News coverage about Entegris (NASDAQ:ENTG) has trended somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Entegris earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 45.2260614450931 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Entegris, Inc. (ENTG) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Entegris, Inc. (NASDAQ:ENTG) Upgraded to “Strong-Buy” at Zacks Investment Research (americanbankingnews.com)
- New Strong Buy Stocks for July 31st (zacks.com)
- Q3 2017 Earnings Estimate for Entegris, Inc. Issued By KeyCorp (NASDAQ:ENTG) (americanbankingnews.com)
- Entegris’ (NASDAQ:ENTG) Buy Rating Reiterated at Stifel Nicolaus (americanbankingnews.com)
A number of analysts have recently weighed in on ENTG shares. Dougherty & Co raised their price target on shares of Entegris from $26.50 to $27.50 and gave the company a “buy” rating in a report on Friday, April 28th. Craig Hallum cut shares of Entegris from a “buy” rating to a “hold” rating in a research note on Friday, April 28th. They noted that the move was a valuation call. Goldman Sachs Group, Inc. (The) upgraded shares of Entegris from a “buy” rating to a “conviction-buy” rating and set a $29.00 price objective for the company in a research note on Monday, May 22nd. BidaskClub cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Finally, Zacks Investment Research cut shares of Entegris from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $27.50.
Shares of Entegris (ENTG) opened at 24.65 on Friday. The company has a 50-day moving average of $24.18 and a 200 day moving average of $23.01. The stock has a market cap of $3.50 billion, a price-to-earnings ratio of 29.31 and a beta of 1.47. Entegris has a one year low of $14.73 and a one year high of $27.20.
Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.05. The firm had revenue of $329 million during the quarter, compared to the consensus estimate of $324.51 million. Entegris had a return on equity of 17.04% and a net margin of 9.63%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 EPS. On average, equities analysts forecast that Entegris will post $1.28 earnings per share for the current fiscal year.
In related news, CFO Gregory B. Graves sold 19,712 shares of the company’s stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $26.21, for a total transaction of $516,651.52. Following the completion of the transaction, the chief financial officer now directly owns 61,546 shares in the company, valued at approximately $1,613,120.66. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Gregory B. Graves sold 32,593 shares of the company’s stock in a transaction on Thursday, July 20th. The stock was sold at an average price of $26.01, for a total value of $847,743.93. Following the transaction, the chief financial officer now owns 65,554 shares of the company’s stock, valued at $1,705,059.54. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 79,268 shares of company stock valued at $2,043,872. 1.70% of the stock is owned by company insiders.
Entegris Company Profile
Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).
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