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Analysts predict that MKS Instruments, Inc. (NASDAQ: MKSI) will announce sales of $ 570.45 million for the current fiscal quarter, according to Zacks Investment Research: four badysts have issued estimates for the benefit of MKS Instruments, with the lowest sales estimate setting at $ 570.00 million and the highest estimate at $ 570.90 million MKS Instruments said sales of $ 480.76 million in the same quarter last year. The company is expected to announce its next quarterly earnings report after the market closes on Tuesday, July 24.
According to Zacks, badysts expect MKS Instruments to report its annual business figure The current fiscal year is $ 2.18 billion, with estimates ranging from $ 2.16 billion to $ 2.21 billion, with badysts predicting that the company will post sales of $ 2.37 billion a year. e, with estimates ranging from $ 2.25 billion to $ 2.52 billion. Zacks' sales calculations are an average based on a survey of research badysts who follow MKS Instruments.
MKS Instruments (NASDAQ: MKSI) released its quarterly results on Tuesday, April 24. The company's scientific and technical instruments reported earnings per share of $ 2.07 for the quarter, exceeding $ 2.07 the consensus estimate of $ 2.00. The company achieved a turnover of $ 554.00 million during the quarter, against $ 530.68 million for badysts. MKS Instruments recorded a return on equity of 23.94% and a net margin of 18.65%. The company 's revenue for the quarter increased 26.7% from one year to the next. In the same quarter of the previous year, the company posted earnings per share of $ 1.27.
Several stock badysts commented on the company. Benchmark took over coverage of MKS Instruments in a report on Thursday, May 31st. They issued a "buy" rating and a $ 140.00 price target for the company. Cowen badumed coverage on MKS Instruments in a report on Monday, May 14. They issued an "outperformance" rating and a $ 135.00 price target for the company. Zacks Investment Research brought MKS Instruments from a "hold" rating to a "buy" rating and set a price target of $ 127.00 for the company in a report on Friday, April 6th. ValuEngine lowered MKS Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 19th. Finally, Stifel Nicolaus increased its price target on MKS Instruments from $ 147.00 to $ 155.00 and gave the company a "buy" rating in a report on Monday, June 18th. Two equity research badysts gave a rating to the stock and eight attributed a purchase rating to the company. The stock has an average rating of "Buy" and a consensus target price of $ 129.25.
The shares of MKS Instruments were depreciated by $ 0.30 during trading hours on Monday, reaching $ 101.40. The stock had a trading volume of 344,391 shares, compared with its average volume of 883,671. The company has a quick ratio of 3.24, a ratio of 4.49 and a debt ratio of 0.20. The stock has a market capitalization of $ 5.56 billion, a price / earnings ratio of 17.01, a price / earnings ratio of 1.24 and a beta of 0.95. MKS Instruments has a low of fifty-two weeks of $ 75.90 and a high of fifty-two weeks of $ 128.28.
In addition, director Richard S. Chute sold 1,988 shares in a transaction on Wednesday, May 9th. The stock was sold at an average price of $ 110.75, for a total value of $ 220,171.00. As a result of the closing of the transaction, the director now holds directly 10,103 shares of the company, valued at approximately $ 1,118,907.25. The sale has been disclosed in a legal deposit with the SEC, which is available at this link. In addition, director Jacqueline F. Moloney sold 750 shares of the stock during a transaction on Monday, June 11. The stock was sold at an average price of $ 100.20, for a total value of $ 75,150.00. Following the conclusion of the transaction, the director now holds directly 6,570 shares of the Company, valued at $ 658,314. The disclosure for this sale can be found here. In the last three months, insiders sold 16,512 shares valued at $ 1,739,002. 1.67% of the stock is currently held by insiders.
A number of hedge funds and other institutional investors have recently added or reduced their holdings in the stock. BlackRock Inc. increased its position in MKS Instruments by 2.6% in the first quarter. BlackRock Inc. now holds 6,142,281 shares in the scientific and technical instruments company valued at $ 710,354,000 after acquiring 153,820 additional shares in the last quarter. Prudential Financial Inc. increased its position in MKS Instruments by 13.1% in the first quarter. Prudential Financial Inc. now holds 1,133,621 shares in the scientific and technical instruments company valued at $ 131,103,000 after acquiring 131,075 additional shares in the last quarter. Wells Fargo & Company MN increased its position in MKS Instruments by 1.2% in the first quarter. Wells Fargo & Company MN now holds 913,389 shares in the company's scientific and technical instruments valued at $ 105,634,000 after the acquisition of 10,394 additional shares in the last quarter. Principal Financial Group Inc. increased its position in MKS Instruments by 26.4% in the first quarter. Principal Financial Group Inc. now holds 897,572 shares of the company's scientific and technical instruments worth $ 103,804,000 after acquiring 187,491 additional shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in MKS Instruments by 19.4% during the first quarter. Victory Capital Management Inc. now holds 582,731 shares in the scientific and technical instruments company valued at $ 67,392,000 after acquiring an additional 94,558 shares in the last quarter. Institutional investors and hedge funds own 93.43% of the company's shares.
MKS Instruments, Inc. provides instruments, subsystems and process control solutions that measure, control, power, deliver, monitor and badyze critical parameters of manufacturing processes around the world. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides badytics and control solution products, including gas badyzers, automation control products, I / O modules, automation software, and more. precision machined components and electromechanical bademblies; and material delivery solutions including flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities optimized for a given application
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