MKS Instruments (MKSI) Rating Increased to Hold at ValuEngine

ValuEngine upgraded shares of MKS Instruments (NASDAQ:MKSI) from a sell rating to a hold rating in a research report sent to investors on Thursday, March 21st, ValuEngine reports.

Other equities research analysts also recently issued research reports about the stock. Cowen restated a buy rating on shares of MKS Instruments in a research report on Monday, February 4th. Benchmark restated a buy rating and issued a $98.00 price objective on shares of MKS Instruments in a research report on Thursday, January 31st. Zacks Investment Research downgraded shares of MKS Instruments from a hold rating to a sell rating in a research report on Tuesday, January 29th. Finally, BidaskClub raised shares of MKS Instruments from a sell rating to a hold rating in a report on Wednesday, January 9th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. MKS Instruments currently has a consensus rating of Buy and a consensus price target of $109.00.

NASDAQ:MKSI traded down $2.01 during trading hours on Thursday, hitting $97.47. The company’s stock had a trading volume of 288,461 shares, compared to its average volume of 647,372. The firm has a market capitalization of $5.37 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 1.30 and a beta of 1.35. MKS Instruments has a 52-week low of $56.37 and a 52-week high of $122.77. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.56 and a quick ratio of 4.10.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings data on Tuesday, January 29th. The scientific and technical instruments company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.03. The company had revenue of $460.54 million for the quarter, compared to analyst estimates of $440.68 million. MKS Instruments had a return on equity of 23.96% and a net margin of 18.93%. During the same quarter last year, the company posted $1.71 earnings per share. As a group, equities analysts anticipate that MKS Instruments will post 6.28 EPS for the current year.

In other news, Director Elizabeth Mora sold 375 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $83.90, for a total transaction of $31,462.50. Following the completion of the transaction, the director now directly owns 15,037 shares of the company’s stock, valued at approximately $1,261,604.30. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.24% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of MKSI. Benjamin F. Edwards & Company Inc. grew its stake in MKS Instruments by 53.0% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 514 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 178 shares during the period. Valeo Financial Advisors LLC purchased a new stake in MKS Instruments in the 1st quarter worth approximately $39,000. Penserra Capital Management LLC boosted its holdings in shares of MKS Instruments by 89.8% in the 4th quarter. Penserra Capital Management LLC now owns 672 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 318 shares during the last quarter. Dubuque Bank & Trust Co. boosted its holdings in shares of MKS Instruments by 52.0% in the 4th quarter. Dubuque Bank & Trust Co. now owns 1,043 shares of the scientific and technical instruments company’s stock valued at $67,000 after purchasing an additional 357 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC acquired a new position in shares of MKS Instruments in the 3rd quarter valued at $96,000. 92.51% of the stock is owned by institutional investors and hedge funds.

About MKS Instruments

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. It operates through two segments, Vacuum and Analysis, and Light and Motion. The Vacuum and Analysis segment offers analytical and control solutions, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; direct and indirect pressure measurement and integrated process solutions; and materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with control capabilities that are optimized for a given application.

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Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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