Brokers Issue Forecasts for MKS Instruments, Inc.’s Q1 2022 Earnings (NASDAQ:MKSI)

MKS Instruments, Inc. (NASDAQ:MKSIGet Rating) – Investment analysts at KeyCorp issued their Q1 2022 EPS estimates for MKS Instruments in a research note issued to investors on Sunday, April 17th. KeyCorp analyst S. Barger forecasts that the scientific and technical instruments company will earn $2.55 per share for the quarter. KeyCorp has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for MKS Instruments’ Q2 2022 earnings at $2.83 EPS, Q3 2022 earnings at $2.96 EPS and Q4 2022 earnings at $3.13 EPS.

MKS Instruments (NASDAQ:MKSIGet Rating) last issued its earnings results on Wednesday, January 26th. The scientific and technical instruments company reported $3.02 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $760.33 million. During the same quarter last year, the business earned $2.34 earnings per share.

MKSI has been the topic of several other research reports. Needham & Company LLC cut their price target on shares of MKS Instruments from $215.00 to $185.00 and set a “buy” rating on the stock in a report on Friday, January 28th. Wells Fargo & Company cut their price target on shares of MKS Instruments from $155.00 to $125.00 and set an “equal weight” rating on the stock in a report on Monday. Rosenblatt Securities dropped their target price on shares of MKS Instruments from $225.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, January 28th. Zacks Investment Research upgraded shares of MKS Instruments from a “sell” rating to a “hold” rating and set a $148.00 target price on the stock in a report on Monday, April 4th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of MKS Instruments from $200.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday, April 13th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, MKS Instruments has a consensus rating of “Buy” and an average price target of $192.90.

Shares of MKS Instruments stock opened at $119.13 on Wednesday. The stock has a market capitalization of $6.61 billion, a price-to-earnings ratio of 12.03 and a beta of 1.45. The company’s 50 day moving average price is $143.13 and its 200-day moving average price is $153.32. MKS Instruments has a 52-week low of $113.12 and a 52-week high of $195.34. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.41 and a current ratio of 4.66.

Several large investors have recently made changes to their positions in MKSI. Ceredex Value Advisors LLC grew its stake in shares of MKS Instruments by 447.4% during the 3rd quarter. Ceredex Value Advisors LLC now owns 978,216 shares of the scientific and technical instruments company’s stock valued at $147,622,000 after acquiring an additional 799,515 shares during the period. Norges Bank bought a new position in shares of MKS Instruments during the 4th quarter valued at approximately $112,508,000. William Blair Investment Management LLC grew its stake in shares of MKS Instruments by 469.7% during the 4th quarter. William Blair Investment Management LLC now owns 692,650 shares of the scientific and technical instruments company’s stock valued at $120,639,000 after acquiring an additional 571,074 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of MKS Instruments during the 4th quarter valued at approximately $72,222,000. Finally, Cooke & Bieler LP boosted its stake in MKS Instruments by 110.4% in the 3rd quarter. Cooke & Bieler LP now owns 532,409 shares of the scientific and technical instruments company’s stock worth $80,346,000 after purchasing an additional 279,338 shares during the period. Institutional investors own 94.28% of the company’s stock.

In other news, Director Elizabeth Mora sold 300 shares of the company’s 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.46% of the stock is owned by corporate insiders.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 11th. Shareholders of record on Monday, February 28th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Friday, February 25th. MKS Instruments’s dividend payout ratio (DPR) is 8.89%.

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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