MKS Instruments (MKSI) Set to Announce Quarterly Earnings on Tuesday

MKS Instruments (NASDAQ:MKSI) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 24th. Analysts expect MKS Instruments to post earnings of $1.60 per share for the quarter. MKS Instruments has set its Q2 guidance at $1.86-$2.12 EPS.

MKS Instruments (NASDAQ:MKSI) last released its earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.08. The firm had revenue of $512.00 million during the quarter, compared to analyst estimates 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 was up 26.4% on a year-over-year basis. During the same quarter last year, the business earned $1.05 EPS. On average, analysts expect MKS Instruments to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

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MKS Instruments stock opened at $118.05 on Tuesday. The stock has a market capitalization of $6,375.19, a PE ratio of 19.81, a PEG ratio of 1.11 and a beta of 0.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.27 and a quick ratio of 3.10. MKS Instruments has a 12-month low of $65.05 and a 12-month high of $128.28.

In related news, VP Brian Charles Quirk sold 2,000 shares of MKS Instruments stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $105.10, for a total transaction of $210,200.00. Following the completion of the sale, the vice president now owns 11,863 shares in the company, valued at approximately $1,246,801.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Elizabeth Mora sold 300 shares of MKS Instruments stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $111.10, for a total transaction of $33,330.00. Following the sale, the director now owns 15,554 shares of the company’s stock, valued at approximately $1,728,049.40. The disclosure for this sale can be found here. Insiders have sold a total of 31,443 shares of company stock valued at $3,603,392 in the last quarter. 1.67% of the stock is currently owned by company insiders.

Several equities research analysts have recently issued reports on the stock. Deutsche Bank raised their target price on shares of MKS Instruments to $140.00 and gave the stock a “buy” rating in a report on Thursday, March 22nd. BidaskClub upgraded shares of MKS Instruments from a “buy” rating to a “strong-buy” rating in a report on Friday, March 9th. Zacks Investment Research upgraded shares of MKS Instruments from a “hold” rating to a “buy” rating and set a $127.00 target price for the company in a report on Friday, April 6th. KeyCorp restated a “buy” rating on shares of MKS Instruments in a report on Friday, February 2nd. Finally, ValuEngine upgraded shares of MKS Instruments from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. MKS Instruments has an average rating of “Buy” and a consensus target price of $123.00.

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MKS Instruments Company Profile

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.

Earnings History for MKS Instruments (NASDAQ:MKSI)

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