MKS Instruments, Inc. (NASDAQ:MKSI) has been given an average rating of “Buy” by the eight analysts that are covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $80.60.

Several research analysts have recently issued reports on MKSI shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $81.00 price objective (up from $71.00) on shares of MKS Instruments in a research report on Friday, April 28th. Zacks Investment Research raised MKS Instruments from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research report on Friday, April 21st. Deutsche Bank AG started coverage on MKS Instruments in a research report on Wednesday, July 5th. They set a “buy” rating and a $84.00 price objective for the company. BidaskClub cut MKS Instruments from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 17th. Finally, ValuEngine raised MKS Instruments from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

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MKS Instruments (NASDAQ MKSI) traded down 0.56% during midday trading on Tuesday, reaching $79.85. The company’s stock had a trading volume of 121,093 shares. MKS Instruments has a 1-year low of $44.82 and a 1-year high of $88.40. The stock’s 50-day moving average price is $75.76 and its 200 day moving average price is $71.61. The firm has a market capitalization of $4.32 billion, a PE ratio of 28.57 and a beta of 1.03.

MKS Instruments (NASDAQ:MKSI) last released its earnings results on Wednesday, April 26th. The scientific and technical instruments company reported $1.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.19. MKS Instruments had a return on equity of 17.29% and a net margin of 9.83%. The firm had revenue of $437.20 million during the quarter, compared to analysts’ expectations of $413.26 million. During the same period in the previous year, the firm posted $0.38 EPS. MKS Instruments’s revenue for the quarter was up 138.0% on a year-over-year basis. Equities analysts anticipate that MKS Instruments will post $4.97 EPS for the current fiscal year.

In other MKS Instruments news, CEO Gerard G. Colella sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $79.30, for a total transaction of $198,250.00. Following the completion of the sale, the chief executive officer now directly owns 5,025 shares of the company’s stock, valued at approximately $398,482.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gregory R. Beecher sold 18,400 shares of the company’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $78.58, for a total value of $1,445,872.00. Following the sale, the director now directly owns 22,615 shares of the company’s stock, valued at $1,777,086.70. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,810 shares of company stock valued at $2,520,987. 1.65% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of the stock. Value Holdings Management CO. LLC increased its position in shares of MKS Instruments by 27.0% in the second quarter. Value Holdings Management CO. LLC now owns 338,314 shares of the scientific and technical instruments company’s stock worth $22,768,000 after buying an additional 71,956 shares during the period. Dubuque Bank & Trust Co. acquired a new position in shares of MKS Instruments during the second quarter worth about $318,000. Peregrine Capital Management LLC increased its position in shares of MKS Instruments by 2.0% in the second quarter. Peregrine Capital Management LLC now owns 155,619 shares of the scientific and technical instruments company’s stock worth $10,473,000 after buying an additional 3,120 shares during the period. Sit Investment Associates Inc. increased its position in shares of MKS Instruments by 17.8% in the second quarter. Sit Investment Associates Inc. now owns 35,175 shares of the scientific and technical instruments company’s stock worth $2,367,000 after buying an additional 5,325 shares during the period. Finally, Aperio Group LLC increased its position in shares of MKS Instruments by 17.9% in the second quarter. Aperio Group LLC now owns 16,641 shares of the scientific and technical instruments company’s stock worth $1,120,000 after buying an additional 2,528 shares during the period. 98.22% of the stock is owned by hedge funds and other institutional investors.

MKS Instruments Company Profile

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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