Brokerages expect MKS Instruments, Inc. (NASDAQ:MKSI – Get Rating) to announce $2.31 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for MKS Instruments’ earnings, with estimates ranging from $2.28 to $2.38. MKS Instruments posted earnings of $3.02 per share in the same quarter last year, which would suggest a negative year over year growth rate of 23.5%. The firm is scheduled to announce its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that MKS Instruments will report full year earnings of $10.50 per share for the current year, with EPS estimates ranging from $10.00 to $10.85. For the next fiscal year, analysts anticipate that the business will post earnings of $11.77 per share, with EPS estimates ranging from $11.25 to $12.15. Zacks’ EPS averages are a mean average based on a survey of research firms that that provide coverage for MKS Instruments.
MKS Instruments (NASDAQ:MKSI – Get Rating) last announced its earnings results on Tuesday, April 26th. The scientific and technical instruments company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.12. The business had revenue of $742.00 million for the quarter, compared to analyst estimates of $753.56 million. MKS Instruments had a net margin of 19.08% and a return on equity of 22.81%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm posted $2.56 earnings per share.
A number of hedge funds have recently made changes to their positions in the stock. Arizona State Retirement System raised its stake in MKS Instruments by 0.5% in the 3rd quarter. Arizona State Retirement System now owns 15,079 shares of the scientific and technical instruments company’s stock valued at $2,276,000 after purchasing an additional 68 shares during the last quarter. Raymond James Trust N.A. raised its stake in MKS Instruments by 5.1% in the 4th quarter. Raymond James Trust N.A. now owns 1,423 shares of the scientific and technical instruments company’s stock valued at $248,000 after purchasing an additional 69 shares during the last quarter. Hancock Whitney Corp raised its stake in MKS Instruments by 0.3% in the 4th quarter. Hancock Whitney Corp now owns 23,983 shares of the scientific and technical instruments company’s stock valued at $4,177,000 after purchasing an additional 73 shares during the last quarter. Renaissance Group LLC raised its stake in MKS Instruments by 1.4% in the 3rd quarter. Renaissance Group LLC now owns 5,647 shares of the scientific and technical instruments company’s stock valued at $852,000 after purchasing an additional 76 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in MKS Instruments by 56.3% in the 1st quarter. Fifth Third Bancorp now owns 236 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 85 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.
Shares of MKSI opened at $125.46 on Friday. The company has a current ratio of 5.18, a quick ratio of 3.72 and a debt-to-equity ratio of 0.27. The firm has a market cap of $6.98 billion, a PE ratio of 12.22 and a beta of 1.53. The company’s 50 day simple moving average is $123.66 and its 200-day simple moving average is $146.28. MKS Instruments has a 12-month low of $110.26 and a 12-month high of $186.83.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 10th. Stockholders of record on Monday, May 30th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Thursday, May 26th. MKS Instruments’s dividend payout ratio (DPR) is presently 8.57%.
About MKS Instruments (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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