Entegris (NASDAQ:ENTG) Now Covered by Analysts at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Entegris (NASDAQ:ENTG - Get Free Report) in a report released on Thursday, MarketBeat Ratings reports. The brokerage set a "neutral" rating and a $85.00 price target on the semiconductor company's stock. The Goldman Sachs Group's target price suggests a potential downside of 3.50% from the stock's current price.

A number of other research firms have also recently commented on ENTG. UBS Group decreased their price target on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and set a $100.00 price target on shares of Entegris in a research note on Tuesday, May 20th. Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. KeyCorp reduced their price objective on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Finally, Citigroup reduced their price objective on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Entegris has a consensus rating of "Moderate Buy" and an average price target of $109.89.

Entegris Trading Up 0.1%

ENTG traded up $0.09 during trading hours on Thursday, reaching $88.09. The company's stock had a trading volume of 655,759 shares, compared to its average volume of 2,761,620. Entegris has a fifty-two week low of $60.75 and a fifty-two week high of $147.57. The stock has a market cap of $13.34 billion, a PE ratio of 43.26, a P/E/G ratio of 1.95 and a beta of 1.27. The business's 50-day moving average is $78.44 and its 200-day moving average is $88.47. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.26 and a quick ratio of 1.95.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.69 by ($0.02). Entegris had a return on equity of 12.48% and a net margin of 9.57%. The firm had revenue of $773.20 million for the quarter, compared to analyst estimates of $790.75 million. During the same quarter last year, the company earned $0.68 earnings per share. The firm's revenue for the quarter was up .3% on a year-over-year basis. As a group, equities research analysts predict that Entegris will post 3.51 earnings per share for the current fiscal year.

Institutional Trading of Entegris

A number of hedge funds and other institutional investors have recently bought and sold shares of ENTG. Proficio Capital Partners LLC acquired a new stake in Entegris in the fourth quarter valued at $42,000. Jones Financial Companies Lllp raised its stake in Entegris by 13.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,330 shares of the semiconductor company's stock valued at $132,000 after buying an additional 158 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of Entegris by 26.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,303 shares of the semiconductor company's stock worth $228,000 after purchasing an additional 484 shares during the last quarter. Moran Wealth Management LLC grew its holdings in shares of Entegris by 5.3% during the fourth quarter. Moran Wealth Management LLC now owns 4,900 shares of the semiconductor company's stock worth $485,000 after purchasing an additional 246 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Entegris by 6.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company's stock worth $246,000 after purchasing an additional 147 shares during the last quarter.

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).