MKS Instruments (NASDAQ:MKSI) Given New $125.00 Price Target at Wells Fargo & Company

MKS Instruments (NASDAQ:MKSIGet Rating) had its price objective dropped by investment analysts at Wells Fargo & Company from $155.00 to $125.00 in a research report issued on Monday, The Fly reports. Wells Fargo & Company‘s price target would suggest a potential upside of 9.15% from the stock’s current price.

MKSI has been the subject of a number of other research reports. Rosenblatt Securities decreased their price target on shares of MKS Instruments from $225.00 to $205.00 and set a “buy” rating for the company in a research note on Friday, January 28th. KeyCorp assumed coverage on shares of MKS Instruments in a report on Tuesday, January 25th. They issued a “sector weight” rating on the stock. Stifel Nicolaus boosted their price objective on shares of MKS Instruments from $256.00 to $260.00 in a research note on Thursday, April 7th. StockNews.com initiated coverage on shares of MKS Instruments in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Finally, Needham & Company LLC decreased their target price on shares of MKS Instruments from $215.00 to $185.00 and set a “buy” rating on the stock in a research report on Friday, January 28th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $192.90.

MKSI stock opened at $114.52 on Monday. The firm’s fifty day simple moving average is $144.52 and its 200-day simple moving average is $153.79. The company has a market capitalization of $6.36 billion, a P/E ratio of 11.57 and a beta of 1.45. The company has a debt-to-equity ratio of 0.28, a current ratio of 4.66 and a quick ratio of 3.41. MKS Instruments has a 12 month low of $114.47 and a 12 month high of $195.34.

MKS Instruments (NASDAQ:MKSIGet Rating) last posted its quarterly earnings data on Wednesday, January 26th. The scientific and technical instruments company reported $3.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.86 by $0.16. The business had revenue of $763.90 million for the quarter, compared to the consensus estimate of $760.33 million. MKS Instruments had a net margin of 18.69% and a return on equity of 23.69%. During the same period last year, the firm posted $2.34 earnings per share. As a group, sell-side analysts forecast that MKS Instruments will post 11.32 earnings per share for the current year.

In related news, Director Elizabeth Mora sold 300 shares of the business’s stock in a transaction dated Tuesday, March 1st. The shares were sold at an average price of $149.99, for a total value of $44,997.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.46% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Capital International Investors increased its stake in shares of MKS Instruments by 4.1% during the 4th quarter. Capital International Investors now owns 4,711,201 shares of the scientific and technical instruments company’s stock valued at $820,550,000 after acquiring an additional 186,780 shares during the last quarter. JPMorgan Chase & Co. increased its position in MKS Instruments by 5.3% during the 4th quarter. JPMorgan Chase & Co. now owns 2,299,269 shares of the scientific and technical instruments company’s stock worth $400,464,000 after purchasing an additional 116,574 shares in the last quarter. Goldman Sachs Group Inc. increased its position in MKS Instruments by 13.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,483,305 shares of the scientific and technical instruments company’s stock worth $258,348,000 after purchasing an additional 173,367 shares in the last quarter. State Street Corp boosted its holdings in MKS Instruments by 1.8% in the 4th quarter. State Street Corp now owns 1,407,981 shares of the scientific and technical instruments company’s stock worth $245,228,000 after acquiring an additional 25,453 shares during the period. Finally, Ceredex Value Advisors LLC boosted its holdings in MKS Instruments by 447.4% in the 3rd quarter. Ceredex Value Advisors LLC now owns 978,216 shares of the scientific and technical instruments company’s stock worth $147,622,000 after acquiring an additional 799,515 shares during the period. 94.28% of the stock is owned by institutional investors.

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.

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