MKS Instruments (NASDAQ:MKSI) was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued on Saturday.

Other analysts have also recently issued reports about the stock. ValuEngine cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Friday. Stifel Nicolaus reiterated a “buy” rating and issued a $108.00 target price (up from $98.00) on shares of MKS Instruments in a research note on Tuesday, October 24th. KeyCorp reiterated an “outperform” rating and issued a $100.00 target price on shares of MKS Instruments in a research note on Saturday, September 16th. Deutsche Bank lifted their target price on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Finally, Dougherty & Co raised their price target on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $109.75.

MKS Instruments (NASDAQ:MKSI) traded down $0.85 during mid-day trading on Friday, reaching $93.45. 1,170,000 shares of the company were exchanged, compared to its average volume of 912,904. The firm has a market cap of $5,070.00, a PE ratio of 17.83, a PEG ratio of 1.02 and a beta of 1.11. The company has a quick ratio of 3.10, a current ratio of 4.23 and a debt-to-equity ratio of 0.29. MKS Instruments has a one year low of $53.51 and a one year high of $110.60.

MKS Instruments (NASDAQ:MKSI) last released its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.10. The company had revenue of $486.27 million during the quarter, compared to analysts’ expectations of $476.24 million. MKS Instruments had a net margin of 16.97% and a return on equity of 21.21%. MKS Instruments’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the business earned $0.88 EPS. sell-side analysts anticipate that MKS Instruments will post 5.89 earnings per share for the current year.

In other MKS Instruments news, COO John Tseng-Chung Lee sold 2,113 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $104.02, for a total transaction of $219,794.26. Following the completion of the transaction, the chief operating officer now directly owns 1 shares of the company’s stock, valued at approximately $104.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Brian Charles Quirk sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $107.90, for a total transaction of $215,800.00. Following the transaction, the vice president now directly owns 13,785 shares of the company’s stock, valued at $1,487,401.50. The disclosure for this sale can be found here. Insiders have sold a total of 11,913 shares of company stock valued at $1,104,039 over the last three months. 1.65% of the stock is currently owned by insiders.

Several large investors have recently bought and sold shares of MKSI. FMR LLC increased its holdings in shares of MKS Instruments by 0.9% during the 1st quarter. FMR LLC now owns 22,093 shares of the scientific and technical instruments company’s stock valued at $1,519,000 after purchasing an additional 200 shares in the last quarter. Creative Planning increased its holdings in shares of MKS Instruments by 22.8% during the 2nd quarter. Creative Planning now owns 2,239 shares of the scientific and technical instruments company’s stock valued at $151,000 after purchasing an additional 416 shares in the last quarter. Aperio Group LLC increased its holdings in shares of MKS Instruments by 17.9% during the 2nd quarter. Aperio Group LLC now owns 16,641 shares of the scientific and technical instruments company’s stock valued at $1,120,000 after purchasing an additional 2,528 shares in the last quarter. Strs Ohio increased its holdings in shares of MKS Instruments by 8.0% during the 2nd quarter. Strs Ohio now owns 8,100 shares of the scientific and technical instruments company’s stock valued at $545,000 after purchasing an additional 600 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its holdings in shares of MKS Instruments by 14.6% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 13,990 shares of the scientific and technical instruments company’s stock valued at $942,000 after purchasing an additional 1,780 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

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About MKS Instruments

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.

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