MKS Instruments (NASDAQ:MKSI) Earns Hold Rating from Deutsche Bank Aktiengesellschaft

MKS Instruments (NASDAQ:MKSI)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Thursday, Benzinga reports. They currently have a $140.00 target price on the scientific and technical instruments company’s stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 2.07% from the company’s previous close.

MKSI has been the subject of a number of other reports. KeyCorp boosted their price objective on shares of MKS Instruments from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, May 23rd. Benchmark reissued a “buy” rating and issued a $142.00 price target on shares of MKS Instruments in a research note on Friday, May 10th. Wells Fargo & Company raised their price objective on MKS Instruments from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 2nd. Needham & Company LLC increased their target price on MKS Instruments from $145.00 to $153.00 and gave the company a “buy” rating in a report on Wednesday, May 22nd. Finally, TD Cowen raised their target price on shares of MKS Instruments from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, June 12th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $144.17.

MKS Instruments Stock Performance

Shares of MKSI stock opened at $137.16 on Thursday. The firm’s 50 day moving average is $125.43 and its 200 day moving average is $117.01. MKS Instruments has a 12 month low of $63.44 and a 12 month high of $139.20. The stock has a market capitalization of $9.20 billion, a P/E ratio of -5.14, a PEG ratio of 4.34 and a beta of 1.65. The company has a current ratio of 3.69, a quick ratio of 2.34 and a debt-to-equity ratio of 1.94.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings data on Wednesday, May 8th. The scientific and technical instruments company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.43. The company had revenue of $868.00 million during the quarter, compared to analyst estimates of $848.94 million. MKS Instruments had a positive return on equity of 13.90% and a negative net margin of 48.24%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company earned $0.48 earnings per share. On average, sell-side analysts anticipate that MKS Instruments will post 4.72 earnings per share for the current year.

Insider Activity

In other MKS Instruments news, Director Elizabeth Mora sold 250 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $133.00, for a total value of $33,250.00. Following the completion of the transaction, the director now owns 16,862 shares in the company, valued at $2,242,646. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.46% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Atlas Capital Advisors LLC bought a new position in shares of MKS Instruments during the first quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of MKS Instruments in the first quarter worth $25,000. Rise Advisors LLC bought a new position in shares of MKS Instruments during the first quarter valued at $26,000. Mendota Financial Group LLC purchased a new position in shares of MKS Instruments in the 4th quarter worth about $27,000. Finally, GAMMA Investing LLC bought a new position in MKS Instruments in the 4th quarter worth about $35,000. 99.79% of the stock is currently owned by institutional investors.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.