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The brokerage firms predict that MKS Instruments, Inc. (NASDAQ: MKSI) will post a profit of $ 2.22 per share for the current fiscal quarter, Zacks Investment Research Four badysts have estimated that earnings from MKS Instruments: MKS Instruments posted earnings per share of $ 1.41 in the same quarter last year, which would indicate a positive annual growth rate of 57.4%. its next earnings report after the market closes on Tuesday, July 24th.
On average, badysts expect MKS Instruments to announce earnings of $ 8.19 per share for the current fiscal year, with estimates ranging from $ 8.05 to $ 8.46 . Over the next fiscal year, badysts expect the company to post a profit of $ 9.24 per share, with EPS estimates of between $ 8.70 and $ 10.10, BPA calculations of Zacks Investment Research being an average based on a survey of sell-side badysts. following MKS Instruments.
MKS Instruments (NASDAQ: MKSI) last published its quarterly results on Tuesday, April 24th. The company's scientific and technical instruments reported earnings per share of $ 2.07 for the quarter, exceeding consensus badyst estimates of $ 2.00 by $ 0.07. 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 quarterly business turnover of the company is up 26.7% over the same quarter of last year. In the same quarter last year, the company posted earnings per share of $ 1.27.
A number of badysts have recently commented on the company. Benchmark badumed coverage of MKS Instruments in a research report on Thursday, May 31st. They established a "buy" rating and a $ 140.00 price target for the company. Cowen began covering 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 upgraded MKS Instruments from a "hold" rating to a "buy" rating and set a target price 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 raised 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 research badysts rated the stock with a reserve rating and eight awarded a buy-to-action rating from the company. The company has an average rating of "Buy" and a consensus price target of $ 129.25.
MKS Instruments fell $ 0.30 to $ 101.40 during Friday, reports MarketBeat. 344,391 shares of the company were traded for an average volume of 883,671. The stock has a market capitalization of $ 5.56 billion, a PE ratio of 17.01, a P / E ratio / G 1.24 and a beta of 0.95. MKS Instruments has a low of $ 75.90 in one year and a high of $ 128.28 in one year. The company has a current ratio of 4.49, a ratio of 3.24 and a debt ratio of 0.20.
In other news from MKS Instruments, director Richard S. Chute sold 1,988 MKS Instruments shares in a transaction dated Wednesday, May 9. The stock was sold at an average price of $ 110.75, for a total value of $ 220,171.00. As a result of the sale, the director now holds 10,103 shares of the company, valued at approximately $ 1,118,907.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed via this link. In addition, Director Jacqueline F. Moloney sold 750 shares of MKS Instruments in a transaction dated Monday, June 11. The shares were 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. Insiders sold a total of 16,512 shares valued at $ 1,739,002 over the last 90 days. 1.67% of the stock is held by insiders of the company.
Several hedge funds and other institutional investors have recently added or reduced their holdings in the company. BlackRock Inc. raised its stake in MKS Instruments' shares 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 purchasing 153,820 additional shares in the last quarter. Prudential Financial Inc. raised its stake in MKS Instruments' shares by 13.1% in the first quarter. Prudential Financial Inc. now holds 1,133,621 shares of the company's scientific and technical instruments worth $ 131,103,000 after purchasing 131,075 additional shares during the last quarter. Wells Fargo & Company MN raised its stake in MKS Instruments shares 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 purchase of 10,394 additional shares in the last quarter. Principal Financial Group Inc. lifted its stake in MKS Instruments by 26.4% in the first quarter. Senior Financial Group Inc. Now holds 897,572 shares of the company's scientific and technical instruments valued at $ 103,804,000 after purchasing 187,491 additional shares during the last quarter. Lastly, Victory Capital Management Inc. raised its stake in MKS Instruments' shares by 19.4% in 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 purchasing an additional 94,558 shares in the last quarter. 93.43% of the shares are currently held by institutional investors and hedge funds.
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 materials delivery solutions including flow and valve technologies, as well as integrated measurement and pressure control subsystems to provide customers with precise control capabilities optimized for a given application
History: Comment Selling Short
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