Entegris, Inc. (ENTG) Plans Not Available Dividend of $0.07

Entegris, Inc. (NASDAQ:ENTG) declared a Not Available dividend on Wednesday, January 17th, NASDAQ reports. Shareholders of record on Wednesday, January 31st will be paid a dividend of 0.07 per share by the semiconductor company on Wednesday, February 21st. This represents a yield of 0.00209267563527653%. The ex-dividend date of this dividend is Tuesday, January 30th.

Shares of Entegris (ENTG) traded up $1.15 during mid-day trading on Thursday, reaching $33.45. The company’s stock had a trading volume of 1,195,700 shares, compared to its average volume of 892,600. The stock has a market capitalization of $4,720.00, a P/E ratio of 34.48, a P/E/G ratio of 1.82 and a beta of 1.52. The company has a quick ratio of 2.43, a current ratio of 3.14 and a debt-to-equity ratio of 0.40. Entegris has a 52 week low of $18.05 and a 52 week high of $33.95.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.06. The company had revenue of $345.60 million for the quarter, compared to the consensus estimate of $334.30 million. Entegris had a return on equity of 18.82% and a net margin of 10.73%. Entegris’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.24 earnings per share. equities research analysts anticipate that Entegris will post 1.39 EPS for the current year.

A number of brokerages have issued reports on ENTG. Needham & Company LLC reiterated a “buy” rating and set a $35.00 price target on shares of Entegris in a research report on Friday, October 27th. Loop Capital reiterated a “buy” rating and set a $40.00 price target on shares of Entegris in a research report on Friday, December 1st. Seaport Global Securities began coverage on Entegris in a research report on Friday, December 15th. They set a “buy” rating and a $37.00 price target on the stock. ValuEngine downgraded Entegris from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Finally, Citigroup increased their price target on Entegris from $29.00 to $34.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. One analyst has rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $32.55.

In related news, Director Paul L. H. Olson sold 3,000 shares of Entegris stock in a transaction that occurred 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 transaction, the director now owns 45,364 shares in the company, valued at $1,370,446.44. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Corey Rucci sold 3,528 shares of Entegris stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $32.68, for a total value of $115,295.04. Following the transaction, the vice president now owns 22,436 shares in the company, valued at approximately $733,208.48. The disclosure for this sale can be found here. In the last 90 days, insiders sold 21,296 shares of company stock worth $666,592. Company insiders own 1.50% of the company’s stock.

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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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