Wall Street analysts predict that MKS Instruments, Inc. (NASDAQ:MKSI) will announce $1.12 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for MKS Instruments’ earnings. The highest EPS estimate is $1.13 and the lowest is $1.10. MKS Instruments posted earnings of $2.07 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 45.9%. The firm is scheduled to issue its next earnings report on Tuesday, April 23rd.
According to Zacks, analysts expect that MKS Instruments will report full year earnings of $6.59 per share for the current year, with EPS estimates ranging from $6.50 to $6.67. For the next financial year, analysts forecast that the company will post earnings of $8.44 per share, with EPS estimates ranging from $8.25 to $8.62. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow MKS Instruments.
MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Tuesday, January 29th. The scientific and technical instruments company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.03. MKS Instruments had a return on equity of 23.96% and a net margin of 18.93%. The company had revenue of $460.54 million during the quarter, compared to analyst estimates of $440.68 million. During the same period in the previous year, the company earned $1.71 earnings per share.
A number of brokerages have recently commented on MKSI. Zacks Investment Research lowered MKS Instruments from a “hold” rating to a “sell” rating in a report on Tuesday, January 29th. BidaskClub upgraded MKS Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, December 5th. ValuEngine lowered MKS Instruments from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 25th. Finally, Cowen reiterated a “buy” rating on shares of MKS Instruments in a report on Monday, February 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. MKS Instruments has an average rating of “Buy” and a consensus price target of $117.71.
Shares of MKSI stock traded up $0.71 during trading hours on Friday, reaching $83.58. 131,582 shares of the company’s stock were exchanged, compared to its average volume of 633,970. MKS Instruments has a fifty-two week low of $56.37 and a fifty-two week high of $128.28. The firm has a market cap of $4.47 billion, a PE ratio of 10.67, a price-to-earnings-growth ratio of 1.07 and a beta of 1.31. The company has a quick ratio of 4.10, a current ratio of 5.56 and a debt-to-equity ratio of 0.18.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Stockholders of record on Monday, February 25th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Friday, February 22nd. MKS Instruments’s dividend payout ratio is presently 10.22%.
In other news, Director Elizabeth Mora sold 375 shares of the business’s stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of $79.90, for a total transaction of $29,962.50. Following the sale, the director now directly owns 15,412 shares in the company, valued at $1,231,418.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.67% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. lifted its stake in MKS Instruments by 53.0% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 514 shares of the scientific and technical instruments company’s stock valued at $33,000 after purchasing an additional 178 shares during the last quarter. Penserra Capital Management LLC lifted its stake in shares of MKS Instruments by 89.8% in the fourth quarter. Penserra Capital Management LLC now owns 672 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 318 shares in the last quarter. Dubuque Bank & Trust Co. lifted its stake in shares of MKS Instruments by 52.0% in the fourth quarter. Dubuque Bank & Trust Co. now owns 1,043 shares of the scientific and technical instruments company’s stock worth $67,000 after buying an additional 357 shares in the last quarter. Paradigm Asset Management Co. LLC purchased a new position in shares of MKS Instruments in the third quarter worth about $96,000. Finally, James Investment Research Inc. lifted its stake in shares of MKS Instruments by 13.5% in the fourth quarter. James Investment Research Inc. now owns 2,966 shares of the scientific and technical instruments company’s stock worth $192,000 after buying an additional 353 shares in the last quarter. Institutional investors and hedge funds own 91.20% of the company’s stock.
About MKS Instruments
MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.
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