Wall Street brokerages predict that Entegris (NASDAQ:ENTG) will report $360.36 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Entegris’ earnings. The lowest sales estimate is $359.70 million and the highest is $361.10 million. Entegris posted sales of $317.38 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 13.5%. The business is scheduled to report its next earnings report before the market opens on Thursday, April 26th.
According to Zacks, analysts expect that Entegris will report full year sales of $1.46 billion for the current fiscal year, with estimates ranging from $1.43 billion to $1.48 billion. For the next fiscal year, analysts anticipate that the business will report sales of $1.56 billion per share, with estimates ranging from $1.52 billion to $1.59 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Entegris.
Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.04. The firm had revenue of $350.56 million during the quarter, compared to the consensus estimate of $340.68 million. Entegris had a return on equity of 20.95% and a net margin of 6.34%.
Shares of NASDAQ:ENTG opened at $34.65 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.63 and a quick ratio of 2.95. The stock has a market cap of $5,347.64, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.91 and a beta of 1.40. Entegris has a 12-month low of $21.77 and a 12-month high of $38.25.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 23rd. Shareholders of record on Wednesday, May 2nd will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Tuesday, May 1st. Entegris’s dividend payout ratio is currently 9.72%.
In other news, CEO Bertrand Loy sold 175,000 shares of Entegris stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $33.48, for a total value of $5,859,000.00. Following the completion of the transaction, the chief executive officer now owns 581,012 shares in the company, valued at approximately $19,452,281.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Corey Rucci sold 5,732 shares of Entegris stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $36.43, for a total value of $208,816.76. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 335,754 shares of company stock valued at $11,317,780. 1.20% of the stock is currently owned by corporate insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. Carillon Tower Advisers Inc. purchased a new stake in Entegris during the fourth quarter worth approximately $51,256,000. Deutsche Bank AG lifted its stake in Entegris by 118.7% during the fourth quarter. Deutsche Bank AG now owns 1,806,333 shares of the semiconductor company’s stock worth $55,000,000 after purchasing an additional 980,282 shares during the last quarter. Millennium Management LLC lifted its stake in Entegris by 225.2% during the fourth quarter. Millennium Management LLC now owns 1,124,553 shares of the semiconductor company’s stock worth $34,243,000 after purchasing an additional 778,761 shares during the last quarter. Two Sigma Investments LP lifted its stake in Entegris by 261.5% during the fourth quarter. Two Sigma Investments LP now owns 397,276 shares of the semiconductor company’s stock worth $12,097,000 after purchasing an additional 287,366 shares during the last quarter. Finally, Bogle Investment Management L P DE lifted its stake in Entegris by 913.1% during the fourth quarter. Bogle Investment Management L P DE now owns 306,038 shares of the semiconductor company’s stock worth $9,318,000 after purchasing an additional 275,831 shares during the last quarter. Institutional investors and hedge funds own 96.04% of the company’s stock.
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Entegris, Inc develops, manufactures, and supplies microcontamination 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).
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