Research Analysts Set Expectations for MKS Instruments, Inc.’s FY2018 Earnings (MKSI)

MKS Instruments, Inc. (NASDAQ:MKSI) – Stock analysts at Dougherty & Co upped their FY2018 earnings estimates for MKS Instruments in a research report issued on Sunday. Dougherty & Co analyst R. Ryan now forecasts that the scientific and technical instruments company will post earnings of $7.67 per share for the year, up from their prior forecast of $6.22. Dougherty & Co has a “Buy” rating on the stock.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.63 by $0.08. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The company had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $500.22 million. During the same quarter last year, the company posted $1.05 EPS. The firm’s revenue was up 26.4% compared to the same quarter last year.

Several other equities analysts have also recently commented on MKSI. Zacks Investment Research raised shares of MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 price target for the company in a research report on Tuesday. KeyCorp reissued a “buy” rating on shares of MKS Instruments in a research report on Friday, February 2nd. ValuEngine raised shares of MKS Instruments from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. BidaskClub cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $133.00 price target on shares of MKS Instruments in a research report on Thursday, February 1st. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $116.60.

Shares of MKS Instruments (NASDAQ:MKSI) traded down $2.20 during mid-day trading on Wednesday, reaching $105.00. 201,572 shares of the company’s stock traded hands, compared to its average volume of 568,725. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.21 and a quick ratio of 3.06. MKS Instruments has a 52 week low of $64.45 and a 52 week high of $110.60. The stock has a market cap of $5,680.00, a PE ratio of 17.00, a PEG ratio of 0.90 and a beta of 1.04.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ameritas Investment Partners Inc. raised its stake in MKS Instruments by 2.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,733 shares of the scientific and technical instruments company’s stock worth $319,000 after acquiring an additional 135 shares in the last quarter. Advisor Group Inc. raised its stake in MKS Instruments by 8.5% during the 2nd quarter. Advisor Group Inc. now owns 4,818 shares of the scientific and technical instruments company’s stock worth $325,000 after acquiring an additional 379 shares in the last quarter. Aperio Group LLC raised its stake in MKS Instruments by 2.9% during the 3rd quarter. Aperio Group LLC now owns 17,130 shares of the scientific and technical instruments company’s stock worth $1,618,000 after acquiring an additional 489 shares in the last quarter. CAPROCK Group Inc. raised its stake in MKS Instruments by 26.8% during the 4th quarter. CAPROCK Group Inc. now owns 2,862 shares of the scientific and technical instruments company’s stock worth $275,000 after acquiring an additional 605 shares in the last quarter. Finally, Sit Investment Associates Inc. raised its stake in MKS Instruments by 1.8% during the 4th quarter. Sit Investment Associates Inc. now owns 39,300 shares of the scientific and technical instruments company’s stock worth $3,714,000 after acquiring an additional 700 shares in the last quarter. Institutional investors and hedge funds own 95.07% of the company’s stock.

In other news, CFO Seth H. Bagshaw sold 10,000 shares of the firm’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $102.07, for a total value of $1,020,700.00. Following the sale, the chief financial officer now directly owns 11,766 shares in the company, valued at approximately $1,200,955.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth Mora sold 300 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $94.10, for a total transaction of $28,230.00. The disclosure for this sale can be found here. Insiders sold a total of 33,252 shares of company stock worth $3,289,287 over the last 90 days. Company insiders own 1.65% of the company’s stock.

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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.

Earnings History and Estimates for MKS Instruments (NASDAQ:MKSI)

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