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MKS Instruments (NASDAQ:MKSI) was upgraded by research analysts at TheStreet from a “hold” rating to a “buy” rating in a report released on Friday, Stock Ratings News reports.

The analysts wrote, “MKS Instruments (MKSI) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.”

MKSI has been the subject of a number of other recent research reports. Analysts at Thomson Reuters/Verus upgraded shares of MKS Instruments from a “hold” rating to a “buy” rating in a research note to investors on Monday, January 20th. Separately, analysts at Zacks downgraded shares of MKS Instruments from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, January 9th. They now have a $32.00 price target on the stock. Finally, analysts at Sidoti initiated coverage on shares of MKS Instruments in a research note to investors on Tuesday, November 26th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $31.25.

Shares of MKS Instruments (NASDAQ:MKSI) traded down 0.10% on Friday, hitting $30.46. 63,426 shares of the company’s stock traded hands. MKS Instruments has a 1-year low of $24.64 and a 1-year high of $32.50. The stock’s 50-day moving average is $29.78 and its 200-day moving average is $28.22. The company has a market cap of $1.621 billion and a P/E ratio of 82.41.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.06. The company had revenue of $204.00 million for the quarter, compared to the consensus estimate of $191.74 million. During the same quarter last year, the company posted $0.10 earnings per share. MKS Instruments’s revenue was up 52.5% compared to the same quarter last year. On average, analysts predict that MKS Instruments will post $0.82 earnings per share for the current fiscal year.

MKS Instruments, Inc (NASDAQ:MKSI) is a provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze parameters of manufacturing processes.

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