Entegris Rating Increased to Market outperform at CJS Securities (ENTG)

By admin | 6 years ago

Entegris (NASDAQ: ENTG) was upgraded by investment analysts at CJS Securities from a “market perform” rating to a “market outperform” rating in a note issued to investors on Thursday.

Shares of Entegris opened at 7.67 on Thursday. Entegris has a 52 week low of $6.00 and a 52 week high of $10.58. The company has a market cap of $1.053 billion and a P/E ratio of 9.37.

Entegris last announced its earnings results on Thursday, April 19th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.13 by $0.01. Entegris’s revenue was down 13.6% compared to the same quarter last year. On average, analysts predict that Entegris will post $0.18 earnings per share next quarter.

Separately, analysts at DA Davidson upgraded shares of Entegris from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, March 8th. They now have a $12.00 price target on the stock, up previously from $11.00.

Entegris, Inc. (Entegris) is a developer, manufacturer and supplier of products and materials used in processing and manufacturing in the semiconductor and other high-technology industries.

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