MKS Instruments, Inc. (NASDAQ:MKSI) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) have been given an average recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $141.09.

A number of research firms have issued reports on MKSI. KeyCorp lifted their price objective on MKS Instruments from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, July 12th. Wells Fargo & Company decreased their price target on shares of 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. Cantor Fitzgerald started coverage on shares of MKS Instruments in a research report on Tuesday, September 10th. They issued an “overweight” rating and a $140.00 price objective on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of MKS Instruments from $140.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, August 9th. Finally, TD Cowen raised their price target on MKS Instruments from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, June 12th.

MKS Instruments Trading Up 0.9 %

Shares of MKSI stock opened at $106.78 on Tuesday. The stock has a market capitalization of $7.16 billion, a P/E ratio of -4.00, a price-to-earnings-growth ratio of 0.77 and a beta of 1.63. MKS Instruments has a fifty-two week low of $63.44 and a fifty-two week high of $147.40. The company has a debt-to-equity ratio of 2.16, a quick ratio of 2.31 and a current ratio of 3.58. The company has a 50 day moving average price of $111.84 and a 200 day moving average price of $122.40.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Wednesday, August 7th. The scientific and technical instruments company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.02 by $0.51. The business had revenue of $887.00 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm posted $1.32 earnings per share. Equities research analysts predict that MKS Instruments will post 5.6 EPS for the current fiscal year.

MKS Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Monday, August 26th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.82%. The ex-dividend date was Monday, August 26th. MKS Instruments’s payout ratio is -3.30%.

Insider Transactions at MKS Instruments

In related news, Director Jacqueline F. Moloney sold 250 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $108.90, for a total transaction of $27,225.00. Following the transaction, the director now owns 10,283 shares in the company, valued at $1,119,818.70. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Elizabeth Mora sold 275 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $115.97, for a total value of $31,891.75. Following the transaction, the director now owns 17,934 shares in the company, valued at $2,079,805.98. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jacqueline F. Moloney sold 250 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total value of $27,225.00. Following the sale, the director now directly owns 10,283 shares of the company’s stock, valued at approximately $1,119,818.70. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,575 shares of company stock worth $303,660. Corporate insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Atlas Capital Advisors LLC purchased a new position in MKS Instruments in the 1st quarter valued at $25,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of MKS Instruments in the 1st quarter worth $25,000. Rise Advisors LLC acquired a new stake in shares of MKS Instruments in the 1st quarter worth $26,000. Massmutual Trust Co. FSB ADV boosted its holdings in shares of MKS Instruments by 196.9% in the third quarter. Massmutual Trust Co. FSB ADV now owns 288 shares of the scientific and technical instruments company’s stock valued at $31,000 after acquiring an additional 191 shares in the last quarter. Finally, Key Financial Inc acquired a new position in shares of MKS Instruments during the second quarter worth about $39,000. Institutional investors and hedge funds own 99.79% of the company’s stock.

MKS Instruments Company Profile

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.