MKS Instruments (MKSI) Downgraded by BidaskClub

BidaskClub downgraded shares of MKS Instruments (NASDAQ:MKSI) from a strong-buy rating to a buy rating in a research report report published on Saturday.

A number of other research firms have also recently issued reports on MKSI. Dougherty & Co lifted their price objective on MKS Instruments from $106.00 to $115.00 and gave the company a buy rating in a research report on Thursday, October 26th. Deutsche Bank lifted their price objective on MKS Instruments from $104.00 to $116.00 and gave the company a buy rating in a research report on Thursday, October 26th. Stifel Nicolaus reissued a buy rating and set a $108.00 price objective (up previously from $98.00) on shares of MKS Instruments in a research report on Tuesday, October 24th. ValuEngine cut MKS Instruments from a buy rating to a hold rating in a research report on Friday. Finally, KeyCorp reissued an outperform rating and set a $100.00 price objective on shares of MKS Instruments in a research report on Saturday, September 16th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $109.75.

Shares of MKS Instruments (MKSI) opened at $89.50 on Friday. The company has a market capitalization of $5,073.83, a price-to-earnings ratio of 17.67, a PEG ratio of 1.01 and a beta of 1.04. The company has a quick ratio of 3.10, a current ratio of 4.23 and a debt-to-equity ratio of 0.29. MKS Instruments has a 12-month low of $55.80 and a 12-month high of $110.60.

MKS Instruments (NASDAQ:MKSI) last issued its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.46 by $0.10. The business had revenue of $486.27 million during the quarter, compared to analysts’ expectations of $476.24 million. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. MKS Instruments’s revenue was up 27.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.88 earnings per share. research analysts expect that MKS Instruments will post 5.89 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Monday, November 27th will be given a dividend of $0.18 per share. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, November 24th. This represents a $0.72 dividend on an annualized basis and a yield of 0.80%. MKS Instruments’s dividend payout ratio (DPR) is presently 12.90%.

In other MKS Instruments news, Director Elizabeth Mora sold 300 shares of the business’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $94.10, for a total value of $28,230.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Seth H. Bagshaw sold 7,500 shares of the business’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $85.80, for a total value of $643,500.00. Following the completion of the sale, the chief financial officer now directly owns 21,615 shares of the company’s stock, valued at approximately $1,854,567. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,213 shares of company stock valued at $1,132,269. Insiders own 1.65% of the company’s stock.

Several large investors have recently made changes to their positions in the business. AXA lifted its position in shares of MKS Instruments by 27.8% in the third quarter. AXA now owns 178,600 shares of the scientific and technical instruments company’s stock worth $16,869,000 after buying an additional 38,900 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of MKS Instruments by 1,262.1% in the third quarter. Public Employees Retirement System of Ohio now owns 30,960 shares of the scientific and technical instruments company’s stock worth $2,924,000 after buying an additional 28,687 shares during the last quarter. GSA Capital Partners LLP lifted its position in shares of MKS Instruments by 37.8% in the third quarter. GSA Capital Partners LLP now owns 40,049 shares of the scientific and technical instruments company’s stock worth $3,783,000 after buying an additional 10,996 shares during the last quarter. Algert Global LLC acquired a new stake in shares of MKS Instruments in the third quarter worth about $3,376,000. Finally, Cetera Advisors LLC acquired a new stake in shares of MKS Instruments in the third quarter worth about $313,000. 95.54% of the stock is owned by institutional investors.

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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.

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