MKS Instruments, Inc. (NASDAQ:MKSI) Receives $141.75 Average PT from Brokerages

MKS Instruments, Inc. (NASDAQ:MKSI) has received a consensus rating of “Moderate Buy” from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $141.75.

MKSI has been the topic of a number of research reports. Benchmark reiterated a “buy” rating and issued a $142.00 price target on shares of MKS Instruments in a report on Monday, November 18th. JPMorgan Chase & Co. assumed coverage on shares of MKS Instruments in a report on Friday, December 13th. They issued an “overweight” rating and a $145.00 price target on the stock. Morgan Stanley reduced their target price on shares of MKS Instruments from $155.00 to $150.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. The Goldman Sachs Group reduced their target price on shares of MKS Instruments from $143.00 to $128.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. Finally, Needham & Company LLC restated a “buy” rating and issued a $156.00 target price on shares of MKS Instruments in a report on Wednesday, January 15th.

MKS Instruments Stock Performance

Shares of NASDAQ MKSI opened at $109.38 on Monday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 2.21 and a current ratio of 3.42. The company has a market cap of $7.36 billion, a P/E ratio of 243.07, a P/E/G ratio of 0.56 and a beta of 1.66. The firm’s fifty day moving average is $111.52 and its two-hundred day moving average is $110.92. MKS Instruments has a 52-week low of $97.54 and a 52-week high of $147.40.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.27. The company had revenue of $896.00 million for the quarter, compared to the consensus estimate of $874.29 million. MKS Instruments had a net margin of 0.90% and a return on equity of 15.79%. MKS Instruments’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.46 EPS. As a group, analysts anticipate that MKS Instruments will post 6.34 EPS for the current fiscal year.

Insider Buying and Selling

In other MKS Instruments news, Director Elizabeth Mora sold 275 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $113.41, for a total value of $31,187.75. Following the completion of the sale, the director now directly owns 17,659 shares of the company’s stock, valued at $2,002,707.19. The trade was a 1.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jacqueline F. Moloney sold 300 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $114.80, for a total transaction of $34,440.00. Following the completion of the sale, the director now directly owns 9,983 shares of the company’s stock, valued at approximately $1,146,048.40. This trade represents a 2.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.51% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On MKS Instruments

Large investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC boosted its position in MKS Instruments by 68.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 263 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 107 shares during the period. Massmutual Trust Co. FSB ADV boosted its position in MKS Instruments by 196.9% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 288 shares of the scientific and technical instruments company’s stock valued at $31,000 after buying an additional 191 shares during the period. Proficio Capital Partners LLC purchased a new stake in MKS Instruments in the 4th quarter valued at about $36,000. UMB Bank n.a. boosted its position in MKS Instruments by 53.7% in the 3rd quarter. UMB Bank n.a. now owns 349 shares of the scientific and technical instruments company’s stock valued at $38,000 after buying an additional 122 shares during the period. Finally, Quarry LP purchased a new stake in MKS Instruments in the 2nd quarter valued at about $39,000. 99.79% of the stock is owned by hedge funds and other institutional investors.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.