Brokerages Expect MKS Instruments, Inc. (NASDAQ:MKSI) to Post $2.54 EPS

Equities research analysts predict that MKS Instruments, Inc. (NASDAQ:MKSIGet Rating) will report $2.54 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for MKS Instruments’ earnings. The lowest EPS estimate is $2.33 and the highest is $2.64. MKS Instruments reported earnings of $2.56 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 0.8%. The firm is scheduled to announce its next earnings results after the market closes on Monday, January 1st.

According to Zacks, analysts expect that MKS Instruments will report full-year earnings of $11.31 per share for the current fiscal year, with EPS estimates ranging from $10.32 to $11.70. For the next financial year, analysts expect that the firm will report earnings of $12.55 per share, with EPS estimates ranging from $11.58 to $13.56. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow MKS Instruments.

MKS Instruments (NASDAQ:MKSIGet Rating) last issued 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 business had revenue of $763.90 million during the quarter, compared to the consensus estimate of $760.33 million. During the same period in the previous year, the firm posted $2.34 earnings per share.

MKSI has been the subject of a number of recent analyst reports. Loop Capital initiated coverage on shares of MKS Instruments in a report on Tuesday, February 22nd. They issued a “buy” rating and a $200.00 target price for the company. Wells Fargo & Company lowered their target price on shares of MKS Instruments from $155.00 to $125.00 and set an “equal weight” rating for the company in a report on Monday. Stifel Nicolaus boosted their target price on shares of MKS Instruments from $256.00 to $260.00 in a report on Thursday, April 7th. KeyCorp assumed coverage on shares of MKS Instruments in a research report on Tuesday, January 25th. They set a “sector weight” rating on the stock. Finally, Needham & Company LLC reduced their price target 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. Three 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 company presently has a consensus rating of “Buy” and an average target price of $192.90.

In related 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 value of $44,997.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.46% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of MKSI. Tudor Investment Corp Et Al lifted its holdings in MKS Instruments by 30.7% in the 3rd quarter. Tudor Investment Corp Et Al now owns 34,111 shares of the scientific and technical instruments company’s stock valued at $5,148,000 after acquiring an additional 8,016 shares during the last quarter. Central Securities Corp acquired a new stake in MKS Instruments in the 3rd quarter valued at about $12,073,000. Hudson Value Partners LLC acquired a new stake in MKS Instruments in the 4th quarter valued at about $1,616,000. Guggenheim Capital LLC lifted its holdings in MKS Instruments by 5.4% in the 3rd quarter. Guggenheim Capital LLC now owns 14,420 shares of the scientific and technical instruments company’s stock valued at $2,176,000 after acquiring an additional 745 shares during the last quarter. Finally, US Asset Management LLC acquired a new stake in MKS Instruments in the 3rd quarter valued at about $206,000. 94.28% of the stock is owned by institutional investors and hedge funds.

MKS Instruments stock traded down $1.64 during trading on Friday, reaching $119.58. The company had a trading volume of 694,745 shares, compared to its average volume of 597,054. MKS Instruments has a 12-month low of $113.12 and a 12-month high of $195.34. The stock’s 50 day moving average price is $142.07 and its two-hundred day moving average price is $152.88. The firm has a market capitalization of $6.64 billion, a price-to-earnings ratio of 12.08 and a beta of 1.45. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.41 and a current ratio of 4.66.

The company also recently declared a quarterly dividend, which was paid on Friday, March 11th. Stockholders of record on Monday, February 28th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, February 25th. This represents a $0.88 annualized dividend and a dividend yield of 0.74%. MKS Instruments’s dividend payout ratio is currently 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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