MKS Instruments, Inc. (NASDAQ:MKSI - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twelve ratings firms that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $141.09.
A number of equities research analysts have weighed in on the stock. Bank of America assumed coverage on shares of MKS Instruments in a research note on Wednesday, July 10th. They set a "buy" rating and a $160.00 target price for the company. Needham & Company LLC upped their price objective on MKS Instruments from $153.00 to $156.00 and gave the stock a "buy" rating in a research note on Friday, August 9th. Mizuho upgraded MKS Instruments to a "strong-buy" rating in a research note on Monday, October 7th. Wells Fargo & Company reduced their price objective on MKS Instruments from $120.00 to $110.00 and set an "equal weight" rating for the company in a research note on Thursday, October 3rd. Finally, Benchmark restated a "buy" rating and issued a $142.00 price objective on shares of MKS Instruments in a research note on Thursday, August 8th.
Get Our Latest Stock Analysis on MKS Instruments
In other MKS Instruments news, Director Jacqueline F. Moloney sold 250 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total transaction of $27,225.00. Following the completion of the transaction, the director now owns 10,283 shares of the company's stock, valued at $1,119,818.70. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other MKS Instruments news, Director Elizabeth Mora sold 275 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $115.97, for a total transaction of $31,891.75. Following the completion of the transaction, the director now owns 17,934 shares of the company's stock, valued at $2,079,805.98. This represents a 0.00 % 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, Director Jacqueline F. Moloney sold 250 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total transaction of $27,225.00. Following the transaction, the director now directly owns 10,283 shares of the company's stock, valued at $1,119,818.70. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,575 shares of company stock valued at $303,660. Company insiders own 0.46% of the company's stock.
Institutional investors have recently made changes to their positions in the business. Susquehanna Fundamental Investments LLC bought a new position in shares of MKS Instruments in the 1st quarter valued at about $918,000. Bessemer Group Inc. lifted its holdings in shares of MKS Instruments by 7.1% in the 1st quarter. Bessemer Group Inc. now owns 78,093 shares of the scientific and technical instruments company's stock valued at $10,387,000 after acquiring an additional 5,184 shares during the last quarter. Comerica Bank lifted its holdings in shares of MKS Instruments by 29.5% in the 1st quarter. Comerica Bank now owns 111,923 shares of the scientific and technical instruments company's stock valued at $14,886,000 after acquiring an additional 25,520 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in shares of MKS Instruments by 7.6% in the 2nd quarter. First Eagle Investment Management LLC now owns 141,187 shares of the scientific and technical instruments company's stock valued at $18,436,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new position in shares of MKS Instruments in the 2nd quarter valued at about $1,599,000. Institutional investors own 99.79% of the company's stock.
Shares of MKSI opened at $100.95 on Friday. The firm has a market cap of $6.79 billion, a PE ratio of 917.73, a P/E/G ratio of 0.70 and a beta of 1.63. The company has a current ratio of 3.58, a quick ratio of 2.31 and a debt-to-equity ratio of 2.16. The firm has a fifty day simple moving average of $109.44 and a two-hundred day simple moving average of $120.01. MKS Instruments has a 1-year low of $63.44 and a 1-year high of $147.40.
MKS Instruments (NASDAQ:MKSI - Get Free Report) last announced its earnings results on Wednesday, August 7th. The scientific and technical instruments company reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.51. The business had revenue of $887.00 million during the quarter, compared to analyst estimates of $866.38 million. MKS Instruments had a net margin of 0.25% and a return on equity of 14.91%. The company's quarterly revenue was down 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.32 EPS. On average, equities analysts anticipate that MKS Instruments will post 5.61 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Monday, August 26th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.87%. The ex-dividend date was Monday, August 26th. MKS Instruments's dividend payout ratio is currently 800.00%.
MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.
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