Entegris (NASDAQ:ENTG) had its price objective lifted by equities researchers at Dougherty & Co from $36.00 to $37.50 in a report issued on Wednesday. The firm presently has a “buy” rating on the semiconductor company’s stock. Dougherty & Co’s price target would indicate a potential upside of 26.48% from the company’s current price. Dougherty & Co also issued estimates for Entegris’ Q1 2018 earnings at $0.41 EPS.

ENTG has been the subject of a number of other reports. Zacks Investment Research downgraded shares of Entegris from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Loop Capital boosted their target price on shares of Entegris from $35.00 to $40.00 and gave the company a “buy” rating in a report on Friday, October 27th. ValuEngine downgraded shares of Entegris from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. Citigroup boosted their target price on shares of Entegris from $29.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Finally, Seaport Global Securities began coverage on shares of Entegris in a research report on Friday, December 15th. They set a “buy” rating and a $37.00 price target on the stock. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $32.86.

Shares of Entegris (NASDAQ ENTG) opened at $29.65 on Wednesday. Entegris has a twelve month low of $19.60 and a twelve month high of $35.35. The stock has a market cap of $4,468.14, a P/E ratio of 50.25, a P/E/G ratio of 1.69 and a beta of 1.51. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.14 and a quick ratio of 2.43.

In other Entegris news, Director Paul L. H. Olson sold 3,000 shares of Entegris stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $30.21, for a total transaction of $90,630.00. Following the transaction, the director now directly owns 45,364 shares of the company’s stock, valued at $1,370,446.44. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Michael A. Bradley sold 5,000 shares of Entegris stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $30.00, for a total transaction of $150,000.00. Following the transaction, the director now directly owns 65,557 shares in the company, valued at $1,966,710. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

A number of hedge funds have recently made changes to their positions in ENTG. PNC Financial Services Group Inc. lifted its position in shares of Entegris by 8.3% during the second quarter. PNC Financial Services Group Inc. now owns 37,910 shares of the semiconductor company’s stock worth $831,000 after purchasing an additional 2,914 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of Entegris by 5.2% during the second quarter. UBS Asset Management Americas Inc. now owns 69,924 shares of the semiconductor company’s stock worth $1,535,000 after purchasing an additional 3,431 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Entegris by 2.2% during the second quarter. Vanguard Group Inc. now owns 11,453,733 shares of the semiconductor company’s stock worth $251,409,000 after purchasing an additional 244,694 shares in the last quarter. FMR LLC lifted its position in shares of Entegris by 54.8% during the second quarter. FMR LLC now owns 3,904,882 shares of the semiconductor company’s stock worth $85,712,000 after purchasing an additional 1,381,882 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of Entegris by 1.7% during the second quarter. California Public Employees Retirement System now owns 161,100 shares of the semiconductor company’s stock worth $3,536,000 after purchasing an additional 2,700 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

WARNING: “Entegris (ENTG) Price Target Raised to $37.50 at Dougherty & Co” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & international trademark and copyright laws. The correct version of this piece can be read at https://www.dailypolitical.com/2018/02/09/entegris-entg-price-target-raised-to-37-50-at-dougherty-co.html.

Entegris Company Profile

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).

Analyst Recommendations for Entegris (NASDAQ:ENTG)

Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.