Entegris (NASDAQ:ENTG) Issues Q4 Earnings Guidance

Entegris (NASDAQ:ENTG) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.75-0.82 for the period, compared to the consensus estimate of $0.94. The company issued revenue guidance of $810-840 million, compared to the consensus revenue estimate of $878.81 million. Entegris also updated its Q4 2024 guidance to 0.750-0.820 EPS.

Entegris Trading Up 1.8 %

Shares of NASDAQ ENTG traded up $1.91 during mid-day trading on Thursday, reaching $106.98. 271,502 shares of the company’s stock were exchanged, compared to its average volume of 1,648,902. The firm has a market capitalization of $16.15 billion, a price-to-earnings ratio of 69.58, a PEG ratio of 1.36 and a beta of 1.24. Entegris has a 52-week low of $90.24 and a 52-week high of $147.57. The company’s 50-day moving average is $108.73 and its 200-day moving average is $120.85. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.14 and a current ratio of 3.58.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). Entegris had a net margin of 7.13% and a return on equity of 12.37%. The company had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. During the same quarter in the prior year, the business earned $0.68 earnings per share. Entegris’s revenue was down 9.1% on a year-over-year basis. Analysts expect that Entegris will post 3.13 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, October 30th. Entegris’s dividend payout ratio (DPR) is 26.49%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ENTG. Mizuho decreased their target price on Entegris from $143.00 to $125.00 and set an “outperform” rating on the stock in a research note on Tuesday. Craig Hallum reduced their price target on shares of Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a report on Tuesday. UBS Group cut their target price on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Citigroup decreased their price target on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $135.40.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).