MKS Instruments (MKSI) Rating Increased to Hold at BidaskClub

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MKS Instruments (NASDAQ:MKSI) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Wednesday.

Other analysts have also recently issued research reports about the stock. KeyCorp lowered their price objective on shares of MKS Instruments from $135.00 to $112.00 and set an “overweight” rating for the company in a research report on Thursday, October 25th. Benchmark lowered their price objective on shares of MKS Instruments to $100.00 and set a “buy” rating for the company in a research report on Friday, October 26th. Stifel Nicolaus lowered 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 report on Tuesday, October 23rd. Cowen set a $100.00 price objective on shares of MKS Instruments and gave the company a “buy” rating in a research report on Wednesday, October 24th. Finally, ValuEngine cut MKS Instruments from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $118.00.

MKSI opened at $72.30 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 5.38 and a quick ratio of 3.86. MKS Instruments has a 12 month low of $56.37 and a 12 month high of $128.28. The firm has a market capitalization of $3.83 billion, a P/E ratio of 8.88, a PEG ratio of 0.74 and a beta of 1.09.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Tuesday, October 23rd. The scientific and technical instruments company reported $1.88 EPS for the quarter, beating the Zacks’ 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 business had revenue of $487.00 million during the quarter, compared to analysts’ expectations of $492.88 million. During the same quarter in the prior year, the company earned $1.56 EPS. The firm’s quarterly revenue was up .2% on a year-over-year basis. As a group, sell-side analysts forecast that MKS Instruments will post 7.78 earnings per share for the current fiscal year.

In other news, Director Elizabeth Mora sold 375 shares of the firm’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $79.90, for a total value of $29,962.50. Following the completion of the transaction, the director now owns 15,412 shares in the company, valued at approximately $1,231,418.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.67% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. lifted its stake in MKS Instruments by 0.9% in the 3rd quarter. BlackRock Inc. now owns 5,087,485 shares of the scientific and technical instruments company’s stock valued at $407,762,000 after purchasing an additional 46,856 shares during the last quarter. Vanguard Group Inc. lifted its stake in MKS Instruments by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 4,970,996 shares of the scientific and technical instruments company’s stock valued at $398,425,000 after purchasing an additional 35,168 shares during the last quarter. Vanguard Group Inc lifted its stake in MKS Instruments by 0.7% in the 3rd quarter. Vanguard Group Inc now owns 4,970,996 shares of the scientific and technical instruments company’s stock valued at $398,425,000 after purchasing an additional 35,168 shares during the last quarter. Renaissance Technologies LLC lifted its stake in MKS Instruments by 36.5% in the 3rd quarter. Renaissance Technologies LLC now owns 1,902,372 shares of the scientific and technical instruments company’s stock valued at $152,475,000 after purchasing an additional 508,470 shares during the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in MKS Instruments by 4.1% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,172,658 shares of the scientific and technical instruments company’s stock valued at $93,989,000 after purchasing an additional 46,125 shares during the last quarter. Institutional investors own 91.49% 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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Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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