Entegris (NASDAQ:ENTG) Price Target Raised to $200.00

Key Points

• Citigroup raised Entegris’ price target to $200 from $195 and reiterated a “Buy” rating, implying approximately 29.5% upside from the cited closing price.
• Entegris exceeded quarterly expectations, reporting $1.23 in EPS versus the $1.03 consensus and $1.01 billion in revenue, up 24.6% year over year. Analysts collectively assign the stock a “Moderate Buy” rating with a consensus price target of $187.17.
• Shares traded at $154.39, while the company’s elevated price-to-earnings ratio of 77.58 and recent insider selling may temper investor sentiment despite strong earnings momentum.

Entegris (NASDAQ:ENTG - Get Free Report) had its price objective lifted by investment analysts at Citigroup from $195.00 to $200.00 in a report issued on Friday, Benzinga reports. The firm presently has a "buy" rating on the semiconductor company's stock. Citigroup's price target indicates a potential upside of 29.54% from the company's previous close.

A number of other equities research analysts have also recently commented on ENTG. Weiss Ratings restated a "hold (c)" rating on shares of Entegris in a research note on Monday, August 3rd. BMO Capital Markets upped their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an "outperform" rating in a research report on Monday, July 6th. Stifel Nicolaus initiated coverage on shares of Entegris in a research note on Wednesday, October 7th. They issued a "buy" rating and a $200.00 price objective for the company. Truist Financial raised their price objective on shares of Entegris from $190.00 to $199.00 and gave the company a "buy" rating in a research report on Friday. Finally, Wall Street Zen cut shares of Entegris from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus price target of $187.17.

Entegris Stock Performance

NASDAQ:ENTG traded down $5.61 on Friday, hitting $154.39. The stock had a trading volume of 6,406,205 shares, compared to its average volume of 2,868,943. The stock has a market cap of $23.54 billion, a price-to-earnings ratio of 77.58, a price-to-earnings-growth ratio of 1.46 and a beta of 1.40. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The business's 50-day simple moving average is $146.13 and its two-hundred day simple moving average is $137.58. Entegris has a 52-week low of $67.97 and a 52-week high of $186.94.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.20. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $925.35 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm's revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 earnings per share. As a group, research analysts predict that Entegris will post 3.93 earnings per share for the current year.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the transaction, the senior vice president owned 66,976 shares of the company's stock, valued at $10,014,251.52. This represents a 2.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the sale, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 7,978 shares of company stock worth $1,273,734. Insiders own 0.53% of the company's stock.

Hedge Funds Weigh In On Entegris

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Provenance Wealth Advisors LLC bought a new position in shares of Entegris in the third quarter worth about $422,000. Oregon Public Employees Retirement Fund increased its stake in Entegris by 0.4% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 31,657 shares of the semiconductor company's stock worth $4,877,000 after buying an additional 134 shares during the period. Boit C F David bought a new stake in Entegris during the 3rd quarter valued at about $32,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Entegris during the 3rd quarter valued at about $36,393,000. Finally, ProShare Advisors LLC boosted its position in Entegris by 2.7% in the 3rd quarter. ProShare Advisors LLC now owns 25,901 shares of the semiconductor company's stock valued at $3,990,000 after buying an additional 691 shares during the period.

Key Headlines Impacting Entegris

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Q3 results exceeded expectations. Entegris reported $1.23 in adjusted EPS versus the $1.03 consensus estimate, while revenue reached approximately $1.01 billion—up 24.6% year over year and well above expectations of roughly $925 million. The company also reported improved gross and operating margins. Entegris Q3 earnings report
• Positive Sentiment: Management issued constructive fourth-quarter guidance. Entegris projected sales of $1.025 billion to $1.055 billion and GAAP EPS of $1.09 to $1.17, supporting expectations for continued semiconductor-related demand. The company also generated $266.8 million in operating cash flow and paid down $200 million of debt. Entegris reports record Q3 revenue
• Positive Sentiment: Several analysts raised their targets. UBS lifted its target to $220 and reaffirmed Buy, while Barclays raised its target to $224 with an Overweight rating. Truist increased its target to $199 and maintained Buy, and Needham raised its target to $185. UBS raises Entegris price target
• Neutral Sentiment: Analyst views remain split. Goldman Sachs raised its target to $135 but retained a Sell rating, implying the recent rally may have outpaced fundamentals. The wide range of targets highlights uncertainty over Entegris’ growth and margin outlook.
• Negative Sentiment: Valuation may be limiting upside. With a reported price-to-earnings ratio near 78, investors may be demanding sustained earnings growth. Reports of insider selling, without corresponding purchases over the past six months, could also weigh on sentiment.

Entegris Company Profile

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company's products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.

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