MKS Instruments (MKSI) Lifted to Buy at BidaskClub

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BidaskClub upgraded shares of MKS Instruments (NASDAQ:MKSI) from a hold rating to a buy rating in a research note published on Wednesday morning.

A number of other equities analysts have also weighed in on MKSI. KeyCorp dropped their price objective on MKS Instruments from $135.00 to $112.00 and set an overweight rating for the company in a research note on Thursday, October 25th. Benchmark dropped their price objective on MKS Instruments to $100.00 and set a buy rating for the company in a research note on Friday, October 26th. Zacks Investment Research lowered MKS Instruments from a hold rating to a sell rating in a research note on Tuesday, September 25th. ValuEngine lowered MKS Instruments from a hold rating to a sell rating in a research note on Monday, August 13th. Finally, Citigroup dropped their price target on MKS Instruments from $118.00 to $101.00 and set a buy rating for the company in a research note on Tuesday, September 25th. Two equities research analysts have rated the stock with a sell rating and eight have given a buy rating to the company’s stock. MKS Instruments currently has a consensus rating of Buy and a consensus price target of $118.00.

NASDAQ MKSI opened at $67.96 on Wednesday. The stock has a market capitalization of $3.92 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 0.78 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a current ratio of 5.38 and a quick ratio of 3.86. MKS Instruments has a twelve month low of $67.83 and a twelve month high of $128.28.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Tuesday, October 23rd. The scientific and technical instruments company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.16. The firm had revenue of $487.00 million during the quarter, compared to analyst estimates of $492.88 million. MKS Instruments had a return on equity of 25.57% and a net margin of 18.76%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.56 earnings per share. Equities research analysts predict that MKS Instruments will post 7.78 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 7th. Investors of record on Monday, November 26th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date was Friday, November 23rd. MKS Instruments’s payout ratio is presently 13.42%.

In related news, Director Elizabeth Mora sold 375 shares of the 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 completion of the transaction, the director now directly owns 15,412 shares of the company’s stock, valued at $1,231,418.80. The sale was disclosed in a filing with the SEC, which is available through this link. 1.67% of the stock is currently owned by corporate insiders.

Institutional investors have recently made changes to their positions in the stock. Itau Unibanco Holding S.A. bought a new position in MKS Instruments during the second quarter valued at approximately $155,000. Lido Advisors LLC raised its holdings in shares of MKS Instruments by 31.5% in the second quarter. Lido Advisors LLC now owns 2,751 shares of the scientific and technical instruments company’s stock worth $263,000 after buying an additional 659 shares during the period. Investment Counselors of Maryland LLC purchased a new stake in shares of MKS Instruments in the third quarter worth approximately $238,000. Palouse Capital Management Inc. purchased a new stake in shares of MKS Instruments in the third quarter worth approximately $245,000. Finally, Janus Henderson Group PLC purchased a new stake in shares of MKS Instruments in the second quarter worth approximately $329,000. 91.52% of the stock is owned by institutional investors.

MKS Instruments Company Profile

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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Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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