ValuEngine Upgrades MKS Instruments (MKSI) to “Sell”

MKS Instruments (NASDAQ:MKSI) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued on Friday.

A number of other equities research analysts also recently issued reports on MKSI. Zacks Investment Research upgraded shares of MKS Instruments from a “sell” rating to a “hold” rating in a research report on Monday, December 31st. BidaskClub raised shares of MKS Instruments from a “sell” rating to a “hold” rating in a research note on Wednesday. KeyCorp dropped their price objective on shares of MKS Instruments from $135.00 to $112.00 and set an “overweight” rating for the company in a research note on Thursday, October 25th. Benchmark dropped their price objective on shares of MKS Instruments to $100.00 and set a “buy” rating for the company in a research note on Friday, October 26th. Finally, Citigroup dropped their price objective on shares of MKS Instruments from $118.00 to $101.00 and set a “buy” rating for the company in a research note on Tuesday, September 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. MKS Instruments currently has an average rating of “Buy” and a consensus target price of $118.00.

Shares of MKSI stock traded up $0.72 during midday trading on Friday, reaching $73.02. 457,274 shares of the company traded hands, compared to its average volume of 791,147. MKS Instruments has a 1-year low of $56.37 and a 1-year high of $128.28. The company has a current ratio of 5.38, a quick ratio of 3.86 and a debt-to-equity ratio of 0.19. The company has a market cap of $3.83 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 0.74 and a beta of 1.09.



MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Tuesday, October 23rd. The scientific and technical instruments company reported $1.88 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.72 by $0.16. MKS Instruments had a net margin of 18.76% and a return on equity of 25.57%. The company had revenue of $487.00 million during the quarter, compared to the consensus estimate of $492.88 million. During the same period last year, the firm earned $1.56 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. Sell-side analysts forecast that MKS Instruments will post 7.78 earnings per share for the current fiscal year.

In other news, Director Elizabeth Mora sold 375 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $79.90, for a total transaction of $29,962.50. Following the completion of the transaction, the director now directly owns 15,412 shares of the company’s stock, valued at approximately $1,231,418.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.67% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of MKSI. FMR LLC increased its stake in shares of MKS Instruments by 2,582.8% during the 3rd quarter. FMR LLC now owns 571,277 shares of the scientific and technical instruments company’s stock worth $45,787,000 after purchasing an additional 549,983 shares in the last quarter. Millennium Management LLC grew its stake in MKS Instruments by 2,397.4% in the 2nd quarter. Millennium Management LLC now owns 531,926 shares of the scientific and technical instruments company’s stock worth $50,905,000 after acquiring an additional 510,627 shares during the period. Renaissance Technologies LLC grew its stake in MKS Instruments by 36.5% in the 3rd quarter. Renaissance Technologies LLC now owns 1,902,372 shares of the scientific and technical instruments company’s stock worth $152,475,000 after acquiring an additional 508,470 shares during the period. Franklin Resources Inc. grew its stake in MKS Instruments by 277.4% in the 3rd quarter. Franklin Resources Inc. now owns 549,098 shares of the scientific and technical instruments company’s stock worth $44,010,000 after acquiring an additional 403,590 shares during the period. Finally, AQR Capital Management LLC grew its stake in MKS Instruments by 70.0% in the 3rd quarter. AQR Capital Management LLC now owns 855,654 shares of the scientific and technical instruments company’s stock worth $68,581,000 after acquiring an additional 352,301 shares during the period. 91.49% of the stock is owned by institutional investors and hedge funds.

About MKS Instruments

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.

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Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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