Entegris (NASDAQ:ENTG) Issues Q4 2024 Earnings Guidance

Entegris (NASDAQ:ENTG) updated its fourth quarter 2024 earnings guidance on Monday. The company provided EPS guidance of 0.750-0.820 for the period, compared to the consensus EPS estimate of 0.950. The company issued revenue guidance of $810.0 million-$840.0 million, compared to the consensus revenue estimate of $878.8 million. Entegris also updated its Q4 guidance to $0.75-0.82 EPS.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of research reports. Mizuho decreased their price target on Entegris from $143.00 to $125.00 and set an “outperform” rating on the stock in a research note on Tuesday. BMO Capital Markets decreased their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price target on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research note on Tuesday. KeyCorp decreased their price target on Entegris from $164.00 to $154.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, UBS Group decreased their price target on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday. One 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. According to data from MarketBeat.com, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.40.

Entegris Price Performance

NASDAQ ENTG traded up $1.85 during mid-day trading on Thursday, hitting $106.92. The stock had a trading volume of 167,380 shares, compared to its average volume of 1,648,678. Entegris has a 52-week low of $90.24 and a 52-week high of $147.57. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18. The company has a 50 day simple moving average of $108.73 and a 200 day simple moving average of $120.85. The company has a market cap of $16.14 billion, a price-to-earnings ratio of 69.58, a P/E/G ratio of 1.36 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data 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). The business had revenue of $807.70 million for the quarter, compared to analysts’ expectations of $832.44 million. Entegris had a return on equity of 12.37% and a net margin of 7.13%. The company’s revenue for the quarter was down 9.1% on a year-over-year basis. During the same period last year, the business earned $0.68 earnings per share. Equities analysts forecast that Entegris will post 3.13 EPS for the current fiscal year.

Entegris Announces Dividend

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

About Entegris

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).