Stifel Nicolaus Raises MKS Instruments (NASDAQ:MKSI) Price Target to $260.00

MKS Instruments (NASDAQ:MKSIGet Rating) had its target price boosted by Stifel Nicolaus from $256.00 to $260.00 in a research report sent to investors on Thursday morning, The Fly reports.

A number of other analysts have also commented on MKSI. Zacks Investment Research raised shares of MKS Instruments from a sell rating to a hold rating and set a $148.00 target price for the company in a report on Monday, April 4th. Rosenblatt Securities cut their price target on shares of MKS Instruments from $225.00 to $205.00 and set a buy rating on the stock in a research report on Friday, January 28th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of MKS Instruments from $225.00 to $200.00 and set a buy rating on the stock in a report on Friday, January 28th. Loop Capital started coverage on shares of MKS Instruments in a research note on Tuesday, February 22nd. They issued a buy rating and a $200.00 price target on the stock. Finally, Citigroup upgraded shares of MKS Instruments from a neutral rating to a buy rating and set a $190.00 target price on the stock in a research report on Monday, December 13th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, MKS Instruments has an average rating of Buy and a consensus target price of $203.78.

Shares of NASDAQ:MKSI opened at $122.37 on Thursday. MKS Instruments has a 52-week low of $122.22 and a 52-week high of $195.34. The company has a market cap of $6.79 billion, a P/E ratio of 12.36 and a beta of 1.45. The stock’s 50-day moving average is $147.97 and its 200-day moving average is $155.06. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.41 and a current ratio of 4.66.

MKS Instruments (NASDAQ:MKSIGet Rating) last announced its quarterly earnings results on Wednesday, January 26th. The scientific and technical instruments company reported $3.02 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.16. MKS Instruments had a net margin of 18.69% and a return on equity of 23.69%. The firm had revenue of $763.90 million during the quarter, compared to analysts’ expectations of $760.33 million. During the same quarter last year, the company earned $2.34 earnings per share. As a group, equities analysts predict that MKS Instruments will post 11.53 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 11th. Shareholders of record on Monday, February 28th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, February 25th. This represents a $0.88 annualized dividend and a yield of 0.72%. MKS Instruments’s dividend payout ratio (DPR) is presently 8.89%.

In related news, Director Elizabeth Mora sold 300 shares of the stock in a transaction dated Tuesday, March 1st. The shares were sold at an average price of $149.99, for a total transaction of $44,997.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.46% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in MKSI. Sageworth Trust Co of South Dakota purchased a new position in shares of MKS Instruments in the fourth quarter valued at $25,000. Spire Wealth Management bought a new stake in shares of MKS Instruments in the third quarter valued at about $26,000. National Bank of Canada FI bought a new position in MKS Instruments in the fourth quarter worth about $31,000. MUFG Americas Holdings Corp grew its stake in shares of MKS Instruments by 100.0% during the third quarter. MUFG Americas Holdings Corp now owns 238 shares of the scientific and technical instruments company’s stock worth $36,000 after acquiring an additional 119 shares during the last quarter. Finally, UMB Bank N A MO purchased a new stake in MKS Instruments in the fourth quarter valued at approximately $37,000. 94.28% of the stock is owned by institutional investors and hedge funds.

MKS Instruments Company Profile (Get Rating)

MKS Instruments, Inc provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment offers pressure and vacuum control solutions, including direct and indirect pressure measurement; materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems, which provide customers with precise control capabilities; power solutions products, such as microwave, power delivery systems, radio frequency matching networks, and metrology products used in providing energy to etching, stripping, and deposition processes; and plasma and reactive gas products.

Featured Stories

The Fly logo

Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

Receive News & Ratings for MKS Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MKS Instruments and related companies with MarketBeat.com's FREE daily email newsletter.