Entegris, Inc. (NASDAQ:ENTG) Director Paul L. H. Olson sold 3,000 shares of the business’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $30.21, for a total transaction of $90,630.00. Following the completion of the sale, the director now owns 45,364 shares of the company’s stock, valued at $1,370,446.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Entegris, Inc. (NASDAQ:ENTG) traded up $0.15 during mid-day trading on Thursday, hitting $32.50. 751,011 shares of the stock were exchanged, compared to its average volume of 873,076. Entegris, Inc. has a 52 week low of $18.05 and a 52 week high of $33.95. The firm has a market cap of $4,600.00, a PE ratio of 33.51, a price-to-earnings-growth ratio of 1.84 and a beta of 1.52. The company has a current ratio of 3.14, a quick ratio of 2.43 and a debt-to-equity ratio of 0.40.
Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.06. Entegris had a net margin of 10.73% and a return on equity of 18.82%. The company had revenue of $345.60 million during the quarter, compared to analysts’ expectations of $334.30 million. During the same quarter in the prior year, the company posted $0.24 EPS. The business’s revenue was up 16.5% on a year-over-year basis. research analysts forecast that Entegris, Inc. will post 1.39 EPS for the current year.
ENTG has been the subject of several research analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $35.00 target price on shares of Entegris in a research note on Friday, October 27th. Loop Capital initiated coverage on shares of Entegris in a research note on Thursday, September 28th. They set a “buy” rating and a $35.00 target price for the company. Dougherty & Co upped their target price on shares of Entegris from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Seaport Global Securities initiated coverage on shares of Entegris in a research note on Friday, December 15th. They set a “buy” rating and a $37.00 target price for the company. Finally, Zacks Investment Research cut shares of Entegris from a “buy” rating to a “hold” rating in a research note on Monday, January 1st. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $32.55.
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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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