MKS Instruments, Inc. Expected to Post Q4 2018 Earnings of $1.51 Per Share (MKSI)

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MKS Instruments, Inc. (NASDAQ:MKSI) – Investment analysts at KeyCorp cut their Q4 2018 EPS estimates for MKS Instruments in a report issued on Wednesday, October 24th. KeyCorp analyst W. Twigg now forecasts that the scientific and technical instruments company will post earnings per share of $1.51 for the quarter, down from their prior estimate of $2.02. KeyCorp currently has a “Overweight” rating and a $112.00 target price on the stock. KeyCorp also issued estimates for MKS Instruments’ Q1 2019 earnings at $1.59 EPS, Q2 2019 earnings at $1.87 EPS, Q4 2019 earnings at $2.51 EPS and FY2019 earnings at $7.97 EPS.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Tuesday, October 23rd. The scientific and technical instruments company reported $1.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.72 by $0.16. MKS Instruments had a net margin of 18.76% and a return on equity of 25.57%. The firm had revenue of $487.00 million during the quarter, compared to analysts’ expectations of $492.88 million. During the same quarter last year, the business earned $1.56 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year.

Several other analysts have also recently commented on the stock. Benchmark reduced their price objective on shares of MKS Instruments to $100.00 and set a “buy” rating for the company in a research note on Friday, October 26th. Cowen set a $100.00 price objective on shares of MKS Instruments and gave the company a “buy” rating in a research note on Wednesday, October 24th. Stifel Nicolaus reduced their price objective on shares of MKS Instruments from $155.00 to $146.00 and set a “buy” rating for the company in a research note on Tuesday, October 23rd. BidaskClub upgraded shares of MKS Instruments from a “sell” rating to a “hold” rating in a research note on Thursday, October 18th. Finally, Zacks Investment Research cut shares of MKS Instruments from a “hold” rating to a “sell” rating in a research note on Tuesday, September 25th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. MKS Instruments has a consensus rating of “Buy” and a consensus target price of $118.00.

Shares of NASDAQ MKSI opened at $72.21 on Monday. The company has a quick ratio of 3.86, a current ratio of 5.38 and a debt-to-equity ratio of 0.19. MKS Instruments has a 52 week low of $67.83 and a 52 week high of $128.28. The stock has a market capitalization of $3.88 billion, a P/E ratio of 12.12, a P/E/G ratio of 0.76 and a beta of 0.88.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 7th. Shareholders of record on Monday, November 26th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.11%. MKS Instruments’s dividend payout ratio (DPR) is currently 13.42%.

In other MKS Instruments news, Director Elizabeth Mora sold 375 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $92.50, for a total transaction of $34,687.50. Following the completion of the transaction, the director now directly owns 15,787 shares in the company, valued at approximately $1,460,297.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter Hanley sold 1,240 shares of the firm’s stock in a transaction dated Tuesday, August 7th. The shares were sold at an average price of $94.39, for a total transaction of $117,043.60. Following the transaction, the director now owns 1,501 shares of the company’s stock, valued at $141,679.39. The disclosure for this sale can be found here. Company insiders own 1.67% of the company’s stock.

A number of large investors have recently bought and sold shares of MKSI. Itau Unibanco Holding S.A. purchased a new position in MKS Instruments during the 2nd quarter valued at about $155,000. Cerebellum GP LLC grew its holdings in shares of MKS Instruments by 239.6% during the second quarter. Cerebellum GP LLC now owns 1,854 shares of the scientific and technical instruments company’s stock worth $177,000 after buying an additional 1,308 shares in the last quarter. Visionary Asset Management Inc. purchased a new stake in shares of MKS Instruments during the second quarter worth about $209,000. Creative Planning grew its holdings in shares of MKS Instruments by 34.8% during the second quarter. Creative Planning now owns 2,423 shares of the scientific and technical instruments company’s stock worth $232,000 after buying an additional 625 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of MKS Instruments during the second quarter worth about $240,000. Hedge funds and other institutional investors own 91.39% of the company’s stock.

MKS Instruments Company Profile

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.

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Earnings History and Estimates for MKS Instruments (NASDAQ:MKSI)

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