MKS Instruments, Inc. (MKSI) Given Consensus Recommendation of “Buy” by Brokerages

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) have been assigned an average rating of “Buy” from the six research firms that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $109.75.

A number of equities analysts have issued reports on the stock. BidaskClub upgraded shares of MKS Instruments from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 17th. Stifel Nicolaus restated a “buy” rating and issued a $108.00 price objective (up previously from $98.00) on shares of MKS Instruments in a research report on Tuesday, October 24th. KeyCorp restated an “outperform” rating and issued a $100.00 price objective on shares of MKS Instruments in a research report on Saturday, September 16th. Deutsche Bank AG boosted their price objective on shares of MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, Dougherty & Co boosted their price objective on shares of MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, October 26th.

In related news, CFO Seth H. Bagshaw sold 7,500 shares of the business’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $85.80, for a total transaction of $643,500.00. Following the transaction, the chief financial officer now owns 21,615 shares in the company, valued at $1,854,567. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Brian Charles Quirk sold 2,000 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $107.90, for a total transaction of $215,800.00. Following the transaction, the vice president now owns 13,785 shares in the company, valued at approximately $1,487,401.50. The disclosure for this sale can be found here. Insiders have sold 12,213 shares of company stock worth $1,128,879 in the last quarter. 1.65% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. LS Investment Advisors LLC increased its position in shares of MKS Instruments by 0.5% during the second quarter. LS Investment Advisors LLC now owns 4,236 shares of the scientific and technical instruments company’s stock valued at $285,000 after buying an additional 19 shares during the period. Teacher Retirement System of Texas boosted its stake in MKS Instruments by 0.5% during the second quarter. Teacher Retirement System of Texas now owns 4,273 shares of the scientific and technical instruments company’s stock worth $288,000 after acquiring an additional 21 shares in the last quarter. World Asset Management Inc boosted its stake in MKS Instruments by 2.8% during the second quarter. World Asset Management Inc now owns 3,538 shares of the scientific and technical instruments company’s stock worth $238,000 after acquiring an additional 95 shares in the last quarter. Arizona State Retirement System boosted its stake in MKS Instruments by 0.4% during the second quarter. Arizona State Retirement System now owns 28,176 shares of the scientific and technical instruments company’s stock worth $1,896,000 after acquiring an additional 100 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in MKS Instruments by 2.9% during the second quarter. Ameritas Investment Partners Inc. now owns 4,733 shares of the scientific and technical instruments company’s stock worth $319,000 after acquiring an additional 135 shares in the last quarter. Institutional investors own 95.11% of the company’s stock.

MKS Instruments (NASDAQ:MKSI) opened at $105.55 on Monday. MKS Instruments has a 52-week low of $53.51 and a 52-week high of $110.60. The stock has a market cap of $5,730.84, a PE ratio of 19.95, a price-to-earnings-growth ratio of 1.14 and a beta of 1.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.23 and a quick ratio of 3.10.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.10. MKS Instruments had a net margin of 16.97% and a return on equity of 21.21%. The firm had revenue of $486.27 million for the quarter, compared to analysts’ expectations of $476.24 million. During the same quarter in the previous year, the company earned $0.88 earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. equities research analysts expect that MKS Instruments will post 5.89 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Monday, November 27th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, November 24th. This represents a $0.72 annualized dividend and a dividend yield of 0.68%. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. MKS Instruments’s payout ratio is currently 12.54%.

ILLEGAL ACTIVITY WARNING: “MKS Instruments, Inc. (MKSI) Given Consensus Recommendation of “Buy” by Brokerages” was first reported by Transcript Daily and is owned by of Transcript Daily. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://transcriptdaily.com/2017/11/27/mks-instruments-inc-mksi-given-consensus-recommendation-of-buy-by-brokerages.html.

About MKS Instruments

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

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

Leave a Reply