Wall Street brokerages expect Entegris, Inc. (NASDAQ:ENTG) to post earnings per share (EPS) of $0.87 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Entegris’ earnings. The lowest EPS estimate is $0.86 and the highest is $0.88. Entegris posted earnings of $0.67 per share in the same quarter last year, which would suggest a positive year over year growth rate of 29.9%. The company is expected to report its next earnings report on Thursday, October 28th.
On average, analysts expect that Entegris will report full-year earnings of $3.32 per share for the current year, with EPS estimates ranging from $3.31 to $3.33. For the next financial year, analysts forecast that the business will report earnings of $3.81 per share, with EPS estimates ranging from $3.70 to $3.87. Zacks’ earnings per share averages are a mean average based on a survey of analysts that cover Entegris.
Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Tuesday, July 27th. The semiconductor company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. Entegris had a return on equity of 28.50% and a net margin of 16.29%. The business had revenue of $571.35 million during the quarter, compared to analysts’ expectations of $537.97 million. During the same quarter last year, the business posted $0.60 EPS. The business’s revenue was up 27.4% on a year-over-year basis.
Shares of NASDAQ:ENTG traded up $3.61 during trading on Wednesday, hitting $133.59. The stock had a trading volume of 871,198 shares, compared to its average volume of 832,565. Entegris has a 12 month low of $66.44 and a 12 month high of $133.87. The company has a market capitalization of $18.11 billion, a PE ratio of 53.87 and a beta of 1.22. The firm’s fifty day moving average is $119.78 and its 200 day moving average is $115.47. The company has a quick ratio of 2.96, a current ratio of 4.45 and a debt-to-equity ratio of 0.62.
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 18th. Stockholders of record on Wednesday, July 28th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, July 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.24%. Entegris’s dividend payout ratio (DPR) is currently 12.60%.
In other Entegris news, SVP William James Shaner sold 16,888 shares of the firm’s stock in a transaction dated Thursday, September 16th. The stock was sold at an average price of $132.11, for a total transaction of $2,231,073.68. Following the sale, the senior vice president now directly owns 25,670 shares of the company’s stock, valued at $3,391,263.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Paul L. H. Olson sold 2,000 shares of Entegris stock in a transaction dated Wednesday, September 15th. The stock was sold at an average price of $129.05, for a total value of $258,100.00. Following the completion of the sale, the director now directly owns 21,774 shares in the company, valued at $2,809,934.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 77,015 shares of company stock worth $9,493,383. Company insiders own 1.30% of the company’s stock.
Several large investors have recently made changes to their positions in ENTG. Bank of America Corp DE boosted its holdings in shares of Entegris by 6.3% in the second quarter. Bank of America Corp DE now owns 1,419,632 shares of the semiconductor company’s stock valued at $174,573,000 after purchasing an additional 84,702 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in shares of Entegris by 6.2% in the second quarter. Parametric Portfolio Associates LLC now owns 231,128 shares of the semiconductor company’s stock valued at $28,422,000 after purchasing an additional 13,432 shares during the period. B. Metzler seel. Sohn & Co. Holding AG boosted its holdings in shares of Entegris by 5.1% in the second quarter. B. Metzler seel. Sohn & Co. Holding AG now owns 199,700 shares of the semiconductor company’s stock valued at $24,557,000 after purchasing an additional 9,700 shares during the period. Comerica Bank boosted its holdings in shares of Entegris by 39.5% in the second quarter. Comerica Bank now owns 9,720 shares of the semiconductor company’s stock valued at $1,097,000 after purchasing an additional 2,752 shares during the period. Finally, MARSHALL WACE ASIA Ltd boosted its holdings in shares of Entegris by 26.5% in the second quarter. MARSHALL WACE ASIA Ltd now owns 702,866 shares of the semiconductor company’s stock valued at $86,431,000 after purchasing an additional 147,064 shares during the period. Institutional investors and hedge funds own 96.40% of the company’s stock.
Entegris Company Profile
Entegris, Inc engages in the development, manufacture, and supply of specialty materials for microelectronics industry. It operates through the following business segments: Specialty Chemicals and Engineered Materials (SCEM); Advanced Materials Handling (AMH); and Microcontamination Control (MC). The SCEM segment provides purity process chemistries, gases, and materials and delivery systems to support semiconductor and other advance manufacturing processes.
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