Equities analysts expect that MKS Instruments, Inc. (NASDAQ:MKSI) will post $440.68 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for MKS Instruments’ earnings. The lowest sales estimate is $439.40 million and the highest is $443.30 million. MKS Instruments reported sales of $511.80 million in the same quarter last year, which indicates a negative year over year growth rate of 13.9%. The company is scheduled to report its next quarterly earnings report on Wednesday, January 30th.

On average, analysts expect that MKS Instruments will report full-year sales of $2.06 billion for the current year, with estimates ranging from $2.05 billion to $2.06 billion. For the next year, analysts forecast that the firm will post sales of $2.09 billion, with estimates ranging from $2.04 billion to $2.16 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow MKS Instruments.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data 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 return on equity of 25.57% and a net margin of 18.76%. The business had revenue of $487.00 million for the quarter, compared to analysts’ expectations of $492.88 million. During the same period in the previous year, the business posted $1.56 EPS. The firm’s quarterly revenue was up .2% compared to the same quarter last year.

MKSI has been the topic of a number of research reports. ValuEngine cut MKS Instruments from a “hold” rating to a “sell” rating in a research note on Monday, August 13th. Citigroup lowered their price objective on MKS Instruments from $118.00 to $101.00 and set a “buy” rating on the stock in a research note on Tuesday, September 25th. Cowen lowered their price objective on MKS Instruments from $135.00 to $124.00 and set a “hold” rating on the stock in a research note on Thursday, July 26th. KeyCorp lowered their price objective on MKS Instruments from $135.00 to $112.00 and set an “overweight” rating on the stock in a research note on Thursday, October 25th. Finally, Benchmark restated a “buy” rating and issued a $125.00 price objective on shares of MKS Instruments in a research note on Thursday, July 26th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $118.00.

In other MKS Instruments news, Director Elizabeth Mora sold 375 shares of MKS Instruments stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $92.50, for a total transaction of $34,687.50. Following the completion of the transaction, the director now owns 15,787 shares of the company’s stock, valued at approximately $1,460,297.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.67% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the business. Itau Unibanco Holding S.A. purchased a new position in shares of MKS Instruments during the second quarter worth about $155,000. Cerebellum GP LLC grew its holdings in shares of MKS Instruments by 239.6% during the second quarter. Cerebellum GP LLC now owns 1,854 shares of the scientific and technical instruments company’s stock worth $177,000 after purchasing an additional 1,308 shares in the last quarter. Visionary Asset Management Inc. purchased a new position in shares of MKS Instruments during the second quarter worth about $209,000. Creative Planning grew its holdings in shares of MKS Instruments by 34.8% during the second quarter. Creative Planning now owns 2,423 shares of the scientific and technical instruments company’s stock worth $232,000 after purchasing an additional 625 shares in the last quarter. Finally, Investment Counselors of Maryland LLC purchased a new position in shares of MKS Instruments during the third quarter worth about $238,000. 90.13% of the stock is owned by institutional investors and hedge funds.

MKS Instruments stock traded down $2.43 during midday trading on Friday, reaching $72.69. The stock had a trading volume of 339,746 shares, compared to its average volume of 614,791. MKS Instruments has a 12 month low of $67.83 and a 12 month high of $128.28. The stock has a market capitalization of $4.16 billion, a P/E ratio of 9.50, a P/E/G ratio of 0.81 and a beta of 0.88. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.86 and a current ratio of 5.38.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 7th. Shareholders of record on Monday, November 26th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Friday, November 23rd. MKS Instruments’s payout ratio is presently 13.42%.

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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