Brokerages Set MKS Instruments, Inc. (NASDAQ:MKSI) PT at $181.10


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Shares of MKS Instruments, Inc. (NASDAQ:MKSI) have earned an average rating of “Buy” from the eleven ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $181.10.

MKSI has been the subject of a number of analyst reports. DA Davidson upped their price objective on shares of MKS Instruments from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, December 11th. Zacks Investment Research downgraded shares of MKS Instruments from a “buy” rating to a “hold” rating and set a $191.00 price objective for the company. in a research report on Wednesday, March 31st. Needham & Company LLC upped their price objective on shares of MKS Instruments from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, January 22nd. KeyCorp upped their price objective on shares of MKS Instruments from $175.00 to $207.00 and gave the stock an “overweight” rating in a research report on Friday, January 29th. Finally, Cowen upped their price target on shares of MKS Instruments from $150.00 to $178.00 and gave the stock an “outperform” rating in a research report on Friday, December 11th.

NASDAQ:MKSI opened at $193.30 on Monday. MKS Instruments has a one year low of $84.00 and a one year high of $199.44. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.23 and a current ratio of 4.58. The firm has a market cap of $10.67 billion, a price-to-earnings ratio of 38.58 and a beta of 1.60. The firm’s fifty day moving average is $171.87 and its two-hundred day moving average is $148.11.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Wednesday, January 27th. The scientific and technical instruments company reported $2.34 EPS for the quarter, beating the consensus estimate of $2.02 by $0.32. The company had revenue of $660.00 million for the quarter, compared to analyst estimates of $602.94 million. MKS Instruments had a net margin of 12.78% and a return on equity of 16.49%. The firm’s revenue was up 32.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.20 earnings per share. As a group, equities research analysts predict that MKS Instruments will post 7.09 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 5th. Stockholders of record on Monday, February 22nd were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, February 19th. This represents a $0.80 annualized dividend and a dividend yield of 0.41%. MKS Instruments’s dividend payout ratio (DPR) is 17.70%.

Several institutional investors have recently bought and sold shares of MKSI. Great West Life Assurance Co. Can grew its stake in shares of MKS Instruments by 12,685.9% in the 3rd quarter. Great West Life Assurance Co. Can now owns 4,466,233 shares of the scientific and technical instruments company’s stock valued at $7,006,000 after buying an additional 4,431,302 shares during the period. Norges Bank purchased a new position in shares of MKS Instruments during the 4th quarter worth approximately $81,975,000. Nuveen Asset Management LLC boosted its position in shares of MKS Instruments by 147.1% during the 4th quarter. Nuveen Asset Management LLC now owns 505,435 shares of the scientific and technical instruments company’s stock worth $76,043,000 after purchasing an additional 300,901 shares during the period. Amundi Pioneer Asset Management Inc. boosted its position in shares of MKS Instruments by 2,134.1% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 161,859 shares of the scientific and technical instruments company’s stock worth $15,061,000 after purchasing an additional 154,614 shares during the period. Finally, BlackRock Inc. boosted its position in shares of MKS Instruments by 2.7% during the 4th quarter. BlackRock Inc. now owns 5,155,288 shares of the scientific and technical instruments company’s stock worth $775,613,000 after purchasing an additional 135,161 shares during the period. 94.02% of the stock is owned by institutional investors and hedge funds.

MKS Instruments Company Profile

MKS Instruments, Inc provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment offers pressure and vacuum control solutions, including direct and indirect pressure measurement; materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems, which provide customers with precise control capabilities; power delivery products, such as microwave, power delivery systems, radio frequency matching networks, and metrology products used in providing energy to etching, stripping, and deposition processes; and plasma and reactive gas products.

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Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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