MKS Instruments (NASDAQ:MKSI) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.86-$2.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.71. The company issued revenue guidance of $510-$550, compared to the consensus revenue estimate of $525.91 million.
Shares of MKS Instruments (NASDAQ MKSI) traded up $5.10 during trading hours on Thursday, hitting $107.40. The stock had a trading volume of 440,485 shares, compared to its average volume of 510,007. MKS Instruments has a one year low of $62.85 and a one year high of $110.60. The firm has a market cap of $5,670.00, a price-to-earnings ratio of 18.70, a PEG ratio of 1.00 and a beta of 1.04. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.23 and a quick ratio of 3.10.
MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.08. The company had revenue of $512.00 million for the quarter, compared to analyst estimates of $500.22 million. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. MKS Instruments’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. equities research analysts anticipate that MKS Instruments will post 5.89 EPS for the current fiscal year.
In related news, VP Brian Charles Quirk sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $107.90, for a total transaction of $215,800.00. Following the completion of the transaction, the vice president now owns 13,785 shares in the company, valued at approximately $1,487,401.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO John Tseng-Chung Lee sold 2,113 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $104.02, for a total value of $219,794.26. Following the transaction, the chief operating officer now owns 1 shares of the company’s stock, valued at approximately $104.02. The disclosure for this sale can be found here. Insiders have sold a total of 33,252 shares of company stock valued at $3,294,887 in the last 90 days. 1.65% of the stock is owned by corporate insiders.
About MKS Instruments
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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