MKS Instruments (MKSI) – Investment Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of MKS Instruments (NASDAQ: MKSI) recently:

  • 10/29/2019 – MKS Instruments was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 10/25/2019 – MKS Instruments had its price target raised by analysts at Cowen Inc from $110.00 to $130.00. They now have an “outperform” rating on the stock.
  • 10/25/2019 – MKS Instruments had its price target raised by analysts at DA Davidson to $125.00. They now have a “buy” rating on the stock.
  • 10/25/2019 – MKS Instruments had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $120.00 price target on the stock.
  • 10/25/2019 – MKS Instruments had its price target raised by analysts at Citigroup Inc from $115.00 to $124.00. They now have a “buy” rating on the stock.
  • 10/2/2019 – MKS Instruments was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/23/2019 – MKS Instruments had its price target raised by analysts at Citigroup Inc from $102.00 to $115.00. They now have a “buy” rating on the stock.
  • 9/11/2019 – MKS Instruments was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

NASDAQ:MKSI opened at $112.86 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.38 and a quick ratio of 2.89. MKS Instruments, Inc. has a 1 year low of $56.37 and a 1 year high of $115.12. The stock’s 50 day simple moving average is $97.83 and its two-hundred day simple moving average is $85.09. The company has a market cap of $6.14 billion, a price-to-earnings ratio of 14.41 and a beta of 1.49.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Wednesday, October 23rd. The scientific and technical instruments company reported $1.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.25. MKS Instruments had a return on equity of 13.84% and a net margin of 9.10%. The business had revenue of $462.45 million for the quarter, compared to the consensus estimate of $442.90 million. During the same quarter in the previous year, the company posted $1.88 EPS. The company’s revenue was down 5.1% compared to the same quarter last year. As a group, analysts anticipate that MKS Instruments, Inc. will post 4.33 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 25th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Friday, November 22nd. MKS Instruments’s dividend payout ratio is currently 10.22%.

In other news, CFO Seth H. Bagshaw sold 18,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $112.08, for a total transaction of $2,017,440.00. Following the transaction, the chief financial officer now owns 18,857 shares of the company’s stock, valued at approximately $2,113,492.56. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gerard G. Colella sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $111.03, for a total value of $555,150.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,384 shares of company stock worth $3,720,541. Corporate insiders own 1.24% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan lifted its stake in shares of MKS Instruments by 1.8% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 10,020 shares of the scientific and technical instruments company’s stock worth $780,000 after purchasing an additional 180 shares during the last quarter. Texas Permanent School Fund lifted its stake in shares of MKS Instruments by 0.5% during the 3rd quarter. Texas Permanent School Fund now owns 37,085 shares of the scientific and technical instruments company’s stock worth $3,422,000 after purchasing an additional 194 shares during the last quarter. Synovus Financial Corp lifted its stake in shares of MKS Instruments by 2.4% during the 2nd quarter. Synovus Financial Corp now owns 9,104 shares of the scientific and technical instruments company’s stock worth $710,000 after purchasing an additional 215 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of MKS Instruments by 7.1% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,764 shares of the scientific and technical instruments company’s stock worth $347,000 after purchasing an additional 251 shares during the last quarter. Finally, Private Capital Group LLC purchased a new stake in shares of MKS Instruments during the 2nd quarter worth $25,000. 95.28% of the stock is currently owned by hedge funds and other institutional investors.

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. It operates through two segments, Vacuum and Analysis, and Light and Motion. The Vacuum and Analysis segment offers analytical and control solutions, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; direct and indirect pressure measurement and integrated process solutions; and materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with control capabilities that are optimized for a given application.

Featured Story: What is a blue-chip stock?

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.