Brokers Set Expectations for MKS Instruments, Inc.’s Q1 2018 Earnings (MKSI)

MKS Instruments, Inc. (NASDAQ:MKSI) – Equities research analysts at Dougherty & Co issued their Q1 2018 earnings per share (EPS) estimates for MKS Instruments in a research note issued on Sunday, according to Zacks Investment Research. Dougherty & Co analyst R. Ryan expects that the scientific and technical instruments company will earn $1.99 per share for the quarter. Dougherty & Co currently has a “Buy” rating on the stock.

A number of other brokerages have also recently issued reports on MKSI. BidaskClub cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Stifel Nicolaus reiterated a “buy” rating and set a $108.00 target price (up previously from $98.00) on shares of MKS Instruments in a research report on Tuesday, October 24th. ValuEngine cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. KeyCorp reiterated a “buy” rating on shares of MKS Instruments in a research report on Friday, February 2nd. Finally, Deutsche Bank raised their price objective on shares of MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $116.60.

MKS Instruments (NASDAQ:MKSI) opened at $101.80 on Tuesday. The company has a market cap of $5,600.48, a PE ratio of 16.53, a PEG ratio of 1.02 and a beta of 1.04. MKS Instruments has a 1-year low of $64.45 and a 1-year high of $110.60. The company has a current ratio of 4.21, a quick ratio of 3.06 and a debt-to-equity ratio of 0.25.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $512.00 million during the quarter, compared to the consensus estimate of $500.22 million. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The firm’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period last year, the firm earned $1.05 EPS.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 26th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.71%. The ex-dividend date is Friday, February 23rd. MKS Instruments’s payout ratio is presently 11.69%.

In other news, CFO Seth H. Bagshaw sold 10,000 shares of MKS Instruments stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $102.07, for a total transaction of $1,020,700.00. Following the completion of the sale, the chief financial officer now owns 11,766 shares in the company, valued at approximately $1,200,955.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Gerard G. Colella sold 5,000 shares of MKS Instruments stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $95.26, for a total transaction of $476,300.00. Following the sale, the chief executive officer now owns 5,025 shares of the company’s stock, valued at approximately $478,681.50. The disclosure for this sale can be found here. Insiders sold a total of 31,139 shares of company stock valued at $3,069,492 in the last 90 days. Corporate insiders own 1.65% of the company’s stock.

Several large investors have recently modified their holdings of MKSI. Meeder Asset Management Inc. grew its position in shares of MKS Instruments by 311.2% during the 4th quarter. Meeder Asset Management Inc. now owns 1,065 shares of the scientific and technical instruments company’s stock worth $101,000 after buying an additional 806 shares during the period. Krilogy Financial LLC bought a new position in MKS Instruments during the 3rd quarter worth approximately $144,000. Bridgeworth LLC bought a new position in MKS Instruments during the 3rd quarter worth approximately $203,000. Greenwood Capital Associates LLC bought a new position in MKS Instruments during the 3rd quarter worth approximately $204,000. Finally, Advisor Partners LLC bought a new position in MKS Instruments during the 4th quarter worth approximately $206,000. Institutional investors own 95.00% of the company’s stock.

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About MKS Instruments

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

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