John Tseng-Chung Lee Sells 2,113 Shares of MKS Instruments, Inc. (MKSI) Stock
MKS Instruments, Inc. (NASDAQ:MKSI) COO John Tseng-Chung Lee sold 2,113 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $104.02, for a total value of $219,794.26. Following the completion of the sale, the chief operating officer now directly owns 1 shares in the company, valued at $104.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
MKS Instruments, Inc. (MKSI) traded down $1.60 during trading on Thursday, reaching $101.80. The company’s stock had a trading volume of 433,500 shares, compared to its average volume of 471,861. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.10 and a current ratio of 4.23. The company has a market cap of $5,650.00, a PE ratio of 19.55, a price-to-earnings-growth ratio of 1.12 and a beta of 1.11. MKS Instruments, Inc. has a fifty-two week low of $53.51 and a fifty-two week high of $110.60.
MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.10. The business had revenue of $486.27 million for the quarter, compared to analysts’ expectations of $476.24 million. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. The business’s revenue was up 27.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.88 EPS. equities analysts forecast that MKS Instruments, Inc. will post 5.89 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Monday, November 27th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.71%. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, November 24th. MKS Instruments’s payout ratio is presently 12.52%.
Several analysts recently issued reports on MKSI shares. Deutsche Bank AG raised their target price on MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Dougherty & Co raised their target price on MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Stifel Nicolaus reissued a “buy” rating and issued a $108.00 target price (up from $98.00) on shares of MKS Instruments in a research note on Tuesday, October 24th. KeyCorp reissued an “outperform” rating and issued a $100.00 target price on shares of MKS Instruments in a research note on Saturday, September 16th. Finally, BidaskClub cut MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. MKS Instruments presently has an average rating of “Buy” and a consensus target price of $109.75.
Institutional investors have recently bought and sold shares of the business. Riverhead Capital Management LLC boosted its position in MKS Instruments by 71.9% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,063 shares of the scientific and technical instruments company’s stock valued at $139,000 after acquiring an additional 863 shares in the last quarter. Krilogy Financial LLC bought a new stake in MKS Instruments during the 3rd quarter valued at approximately $144,000. Creative Planning boosted its position in MKS Instruments by 22.8% during the 2nd quarter. Creative Planning now owns 2,239 shares of the scientific and technical instruments company’s stock valued at $151,000 after acquiring an additional 416 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in MKS Instruments by 12.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,482 shares of the scientific and technical instruments company’s stock valued at $167,000 after acquiring an additional 281 shares in the last quarter. Finally, Good Life Advisors LLC bought a new stake in MKS Instruments during the 2nd quarter valued at approximately $203,000. 97.24% of the stock is currently owned by institutional investors and hedge funds.
MKS Instruments Company Profile
MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.
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