Entegris (NASDAQ:ENTG) Given New $141.00 Price Target at KeyCorp

Entegris (NASDAQ:ENTG) had its target price lowered by research analysts at KeyCorp from $150.00 to $141.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. KeyCorp’s price target indicates a potential upside of 30.52% from the company’s current price.

Several other research firms also recently weighed in on ENTG. Mizuho reduced their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Craig Hallum lowered their price target on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Citigroup reduced their price target on Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Finally, UBS Group dropped their target price on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Entegris has a consensus rating of “Moderate Buy” and a consensus price target of $133.60.

Entegris Stock Down 1.4 %

NASDAQ ENTG traded down $1.50 during mid-day trading on Friday, hitting $108.03. The company’s stock had a trading volume of 88,019 shares, compared to its average volume of 2,361,403. Entegris has a twelve month low of $94.92 and a twelve month high of $147.57. The firm has a market capitalization of $16.31 billion, a price-to-earnings ratio of 71.53, a PEG ratio of 1.38 and a beta of 1.24. The company’s 50 day simple moving average is $103.33 and its 200 day simple moving average is $107.34. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.24% and a net margin of 7.13%. Analysts anticipate that Entegris will post 2.94 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Capital Performance Advisors LLP purchased a new stake in Entegris in the 3rd quarter valued at approximately $29,000. Blue Trust Inc. boosted its stake in shares of Entegris by 221.3% in the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 239 shares in the last quarter. Fortitude Family Office LLC grew its holdings in Entegris by 195.7% during the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 274 shares during the period. Covestor Ltd raised its position in Entegris by 241.8% in the third quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 295 shares in the last quarter. Finally, Huntington National Bank lifted its holdings in Entegris by 41.0% in the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 132 shares during the period.

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).