MKS Instruments (MKSI) Upgraded to Buy by BidaskClub

BidaskClub upgraded shares of MKS Instruments (NASDAQ:MKSI) from a hold rating to a buy rating in a research report sent to investors on Saturday, January 20th.

Several other analysts have also issued reports on the stock. Deutsche Bank increased their price target on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a buy rating in a research report on Thursday, October 26th. Stifel Nicolaus reiterated a buy rating and set a $108.00 price target (up previously from $98.00) on shares of MKS Instruments in a research report on Tuesday, October 24th. Dougherty & Co increased their price target on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a buy rating in a research report on Thursday, October 26th. Finally, ValuEngine lowered shares of MKS Instruments from a buy rating to a hold rating in a research report on Friday, December 1st. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. MKS Instruments has a consensus rating of Buy and a consensus price target of $116.60.

Shares of MKS Instruments (NASDAQ:MKSI) traded up $5.75 on Friday, hitting $107.55. 450,276 shares of the stock traded hands, compared to its average volume of 605,696. MKS Instruments has a 12 month low of $64.45 and a 12 month high of $110.60. The company has a market capitalization of $5,600.48, a PE ratio of 16.93, a PEG ratio of 1.02 and a beta of 1.04. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.21 and a quick ratio of 3.06.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.08. The company had revenue of $512.00 million for the quarter, compared to analysts’ expectations of $500.22 million. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The business’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same period last year, the firm earned $1.05 earnings per share. sell-side analysts forecast that MKS Instruments will post 7.6 EPS for the current year.

The business also recently announced 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. The ex-dividend date of this dividend is Friday, February 23rd. This represents a $0.72 dividend on an annualized basis and a yield of 0.67%. MKS Instruments’s dividend payout ratio is currently 11.69%.

In other MKS Instruments news, VP Dennis L. Werth sold 3,639 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $96.88, for a total value of $352,546.32. Following the sale, the vice president now owns 4,199 shares in the company, valued at $406,799.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Elizabeth Mora sold 300 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $94.10, for a total transaction of $28,230.00. The disclosure for this sale can be found here. Insiders sold 31,139 shares of company stock worth $3,069,492 in the last 90 days. Company insiders own 1.65% of the company’s stock.

A number of institutional investors have recently modified their holdings of the business. GHP Investment Advisors Inc. boosted its position in MKS Instruments by 3.4% in the fourth quarter. GHP Investment Advisors Inc. now owns 36,868 shares of the scientific and technical instruments company’s stock valued at $3,484,000 after buying an additional 1,196 shares in the last quarter. Teachers Advisors LLC boosted its position in MKS Instruments by 83.1% in the fourth quarter. Teachers Advisors LLC now owns 329,219 shares of the scientific and technical instruments company’s stock valued at $31,111,000 after buying an additional 149,460 shares in the last quarter. Paloma Partners Management Co boosted its position in MKS Instruments by 144.4% in the fourth quarter. Paloma Partners Management Co now owns 10,412 shares of the scientific and technical instruments company’s stock valued at $985,000 after buying an additional 6,151 shares in the last quarter. Raymond James & Associates boosted its position in MKS Instruments by 76.7% in the fourth quarter. Raymond James & Associates now owns 38,066 shares of the scientific and technical instruments company’s stock valued at $3,597,000 after buying an additional 16,524 shares in the last quarter. Finally, HBK Investments L P acquired a new stake in MKS Instruments in the fourth quarter valued at approximately $343,000. Hedge funds and other 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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