Entegris (ENTG) Set to Announce Quarterly Earnings on Thursday

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Entegris (NASDAQ:ENTG) is set to issue its quarterly earnings data before the market opens on Thursday, July 25th. Analysts expect the company to announce earnings of $0.43 per share for the quarter. Entegris has set its Q2 2019 guidance at $0.40-0.45 EPS and its Q2 guidance at $0.40-0.45 EPS.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, April 25th. The semiconductor company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.03. Entegris had a return on equity of 26.00% and a net margin of 13.71%. The firm had revenue of $391.00 million for the quarter, compared to analyst estimates of $400.43 million. During the same quarter in the prior year, the firm posted $0.47 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, analysts expect Entegris to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NASDAQ:ENTG opened at $38.72 on Tuesday. Entegris has a 1-year low of $23.39 and a 1-year high of $42.01. The firm has a 50-day moving average of $36.84. The company has a quick ratio of 3.06, a current ratio of 4.34 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $5.16 billion, a price-to-earnings ratio of 20.49 and a beta of 1.40.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Wednesday, July 31st will be paid a $0.08 dividend. This is a positive change from Entegris’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Tuesday, July 30th. This represents a $0.32 annualized dividend and a yield of 0.83%. Entegris’s dividend payout ratio is presently 14.81%.

Several research firms have weighed in on ENTG. ValuEngine raised Zumiez from a “sell” rating to a “hold” rating in a research note on Monday. Goldman Sachs Group lowered SUMCO CORP/ADR from a “buy” rating to a “neutral” rating in a research note on Monday, June 10th. Deutsche Bank lowered J B Hunt Transport Services from a “buy” rating to a “sell” rating and set a $98.51 target price on the stock. in a research note on Wednesday, April 17th. Loop Capital cut their target price on Entegris to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, April 9th. Finally, CL King began coverage on Entegris in a research note on Thursday, June 20th. They issued a “buy” rating and a $44.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Entegris has a consensus rating of “Buy” and a consensus price target of $44.00.

In other Entegris news, SVP Gregory Bryan Marshall sold 13,758 shares of the stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $37.96, for a total value of $522,253.68. Following the completion of the sale, the senior vice president now directly owns 12,435 shares in the company, valued at $472,032.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Gregory B. Graves sold 30,000 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $40.39, for a total value of $1,211,700.00. Following the completion of the sale, the chief financial officer now owns 67,861 shares of the company’s stock, valued at $2,740,905.79. The disclosure for this sale can be found here. Insiders sold 62,894 shares of company stock valued at $2,514,479 over the last 90 days. Corporate insiders own 1.50% of the company’s stock.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies micro contamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).

Further Reading: Dividend Yield

Earnings History for Entegris (NASDAQ:ENTG)

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