MKS Instruments (MKSI) Expected to Announce Quarterly Earnings on Wednesday

MKS Instruments (NASDAQ:MKSI) is expected to post its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect MKS Instruments to post earnings of $1.92 per share and revenue of $914.18 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

MKS Instruments (NASDAQ:MKSI) last released its earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.45 by $0.27. MKS Instruments had a return on equity of 15.79% and a net margin of 0.90%. The business had revenue of $896.00 million for the quarter, compared to the consensus estimate of $874.29 million. During the same period in the previous year, the company posted $1.46 earnings per share. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, analysts expect MKS Instruments to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

MKS Instruments Price Performance

MKSI opened at $111.86 on Wednesday. The firm has a market cap of $7.53 billion, a PE ratio of 248.58, a P/E/G ratio of 0.56 and a beta of 1.66. The stock has a 50-day moving average price of $111.63 and a 200-day moving average price of $111.07. MKS Instruments has a 1 year low of $97.54 and a 1 year high of $147.40. The company has a debt-to-equity ratio of 1.98, a current ratio of 3.42 and a quick ratio of 2.21.

Insider Transactions at MKS Instruments

In other MKS Instruments news, Director Jacqueline F. Moloney sold 300 shares of MKS Instruments stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $114.80, for a total transaction of $34,440.00. Following the transaction, the director now owns 9,983 shares of the company’s stock, valued at $1,146,048.40. The trade was a 2.92 % decrease in their ownership of the stock. 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 275 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $113.41, for a total transaction of $31,187.75. Following the completion of the transaction, the director now owns 17,659 shares of the company’s stock, valued at approximately $2,002,707.19. The trade was a 1.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

MKSI has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $156.00 target price on shares of MKS Instruments in a report on Wednesday, January 15th. The Goldman Sachs Group decreased their price objective on shares of MKS Instruments from $143.00 to $128.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Citigroup raised MKS Instruments from a “neutral” rating to a “buy” rating and set a $130.00 target price for the company in a report on Monday, January 6th. JPMorgan Chase & Co. started coverage on MKS Instruments in a report on Friday, December 13th. They set an “overweight” rating and a $145.00 price target on the stock. Finally, Benchmark reiterated a “buy” rating and issued a $142.00 price objective on shares of MKS Instruments in a report on Monday, November 18th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $141.75.

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.