Entegris (ENTG) Earns News Sentiment Score of 0.17
Media headlines about Entegris (NASDAQ:ENTG) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Entegris earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 46.3300706118887 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Robert Nicholas Burns Sells 4,901 Shares of Entegris, Inc. (ENTG) Stock (topix.com)
- Entegris and Spectrum Materials Celebrate New China Manufacturing Facility and Initial Product Shipment With Grand Opening Ceremony (pressreleasepoint.com)
- Entegris, Inc. (ENTG) Director Sells $120,123.51 in Stock (americanbankingnews.com)
- Entegris, Inc. (ENTG) Director Sells $104,422.50 in Stock (americanbankingnews.com)
- Azita Saleki-Gerhardt to Join Entegris Board of Directors (finance.yahoo.com)
A number of analysts recently weighed in on ENTG shares. Goldman Sachs Group, Inc. (The) upgraded Entegris from a “buy” rating to a “conviction-buy” rating and set a $29.00 price objective for the company in a report on Monday, May 22nd. BidaskClub downgraded Entegris from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Deutsche Bank AG started coverage on Entegris in a report on Wednesday, July 5th. They issued a “hold” rating and a $24.00 price objective for the company. Craig Hallum downgraded Entegris from a “buy” rating to a “hold” rating in a report on Friday, April 28th. They noted that the move was a valuation call. Finally, Dougherty & Co increased their price objective on Entegris from $26.50 to $27.50 and gave the company a “buy” rating in a report on Friday, April 28th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $27.50.
Shares of Entegris (ENTG) opened at 23.45 on Friday. Entegris has a 12 month low of $14.73 and a 12 month high of $27.20. The company has a market cap of $3.33 billion, a PE ratio of 27.88 and a beta of 1.47. The firm’s 50-day moving average is $24.47 and its 200-day moving average is $23.42.
Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. Entegris had a net margin of 9.63% and a return on equity of 17.04%. The firm had revenue of $329 million for the quarter, compared to analysts’ expectations of $324.51 million. During the same quarter in the previous year, the company earned $0.28 earnings per share. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. On average, equities research analysts predict that Entegris will post $1.28 earnings per share for the current year.
In other Entegris news, SVP John J. Murphy sold 4,621 shares of the business’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $24.15, for a total value of $111,597.15. Following the transaction, the senior vice president now owns 59,961 shares in the company, valued at $1,448,058.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Nicholas Burns sold 4,901 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $24.51, for a total transaction of $120,123.51. Following the completion of the transaction, the director now owns 51,272 shares in the company, valued at approximately $1,256,676.72. The disclosure for this sale can be found here. Insiders sold 81,620 shares of company stock worth $2,104,267 in the last 90 days. Corporate insiders own 1.70% of the company’s stock.
Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).
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