MKS Instruments (NASDAQ:MKSI) had its price objective lifted by equities research analysts at Stifel Nicolaus from $100.00 to $128.00 in a research report issued on Tuesday, April 2nd, The Fly reports. The firm presently has an “outperform” rating on the scientific and technical instruments company’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 27.05% from the stock’s current price.
MKSI has been the topic of several other research reports. Cowen reaffirmed a “buy” rating on shares of MKS Instruments in a research note on Monday, February 4th. Zacks Investment Research raised shares of MKS Instruments from a “sell” rating to a “hold” rating in a research note on Monday, December 31st. ValuEngine raised shares of MKS Instruments from a “strong sell” rating to a “sell” rating in a research note on Friday, January 11th. BidaskClub upgraded shares of MKS Instruments from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. Finally, Benchmark raised their target price on shares of MKS Instruments from $98.00 to $111.00 and gave the stock a “buy” rating in a report on Friday, March 29th. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $109.75.
Shares of MKSI stock traded up $0.05 during mid-day trading on Tuesday, reaching $100.75. The company’s stock had a trading volume of 376,624 shares, compared to its average volume of 625,876. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 12.87, a P/E/G ratio of 1.33 and a beta of 1.35. The company has a debt-to-equity ratio of 0.18, a quick ratio of 4.10 and a current ratio of 5.56. MKS Instruments has a 1-year low of $56.37 and a 1-year high of $118.75.
In other news, Director Elizabeth Mora sold 375 shares of MKS Instruments stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $83.90, for a total value of $31,462.50. Following the sale, the director now directly owns 15,037 shares in the company, valued at $1,261,604.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.24% of the stock is owned by company insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Valeo Financial Advisors LLC acquired a new position in MKS Instruments during the first quarter worth $39,000. Benjamin F. Edwards & Company Inc. increased its holdings in MKS Instruments by 53.0% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 514 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 178 shares during the last quarter. Penserra Capital Management LLC increased its holdings in MKS Instruments by 89.8% during the fourth quarter. Penserra Capital Management LLC now owns 672 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 318 shares during the last quarter. Dubuque Bank & Trust Co. boosted its position in MKS Instruments by 52.0% during the fourth quarter. Dubuque Bank & Trust Co. now owns 1,043 shares of the scientific and technical instruments company’s stock worth $67,000 after purchasing an additional 357 shares during the period. Finally, Paradigm Asset Management Co. LLC bought a new position in MKS Instruments during the third quarter worth $96,000. Institutional investors own 92.51% of the company’s stock.
MKS Instruments Company Profile
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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