How Have the Numbers Shaped Up for Entegris (NASDAQ:ENTG)

Earnings results for Entegris (NASDAQ:ENTG)

Entegris, Inc. is expected* to report earnings on 04/27/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.72. The reported EPS for the same quarter last year was $0.55.

Entegris last released its earnings data on February 1st, 2021. The semiconductor company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The company had revenue of $518 million for the quarter, compared to the consensus estimate of $489.38 million. Its revenue for the quarter was up 21.3% compared to the same quarter last year. Entegris has generated $1.93 earnings per share over the last year and currently has a price-to-earnings ratio of 59.1. Entegris has confirmed that its next quarterly earnings report will be published on Tuesday, April 27th, 2021.

Analyst Opinion on Entegris (NASDAQ:ENTG)

8 Wall Street analysts have issued ratings and price targets for Entegris in the last 12 months. Their average twelve-month price target is $106.20, predicting that the stock has a possible downside of 7.86%. The high price target for ENTG is $135.00 and the low price target for ENTG is $66.00. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Entegris has received a consensus rating of Buy. The company’s average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $106.20, Entegris has a forecasted downside of 7.9% from its current price of $115.26. Entegris has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Entegris (NASDAQ:ENTG)

Entegris has a dividend yield of 0.28%, which is in the bottom 25% of all stocks that pay dividends. Entegris has only been increasing its dividend for 1 years. The dividend payout ratio of Entegris is 16.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Entegris will have a dividend payout ratio of 11.35% next year. This indicates that Entegris will be able to sustain or increase its dividend.

Insiders buying/selling: Entegris (NASDAQ:ENTG)

In the past three months, Entegris insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $66,338,992.00 in company stock. Only 1.70% of the stock of Entegris is held by insiders. 98.40% of the stock of Entegris is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Entegris (NASDAQ:ENTG

Earnings for Entegris are expected to grow by 13.71% in the coming year, from $2.48 to $2.82 per share. The P/E ratio of Entegris is 59.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.19. The P/E ratio of Entegris is 59.11, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 69.82. Entegris has a P/B Ratio of 13.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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