MKS Instruments (NASDAQ:MKSI) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

A number of other analysts have also recently commented on MKSI. BidaskClub raised MKS Instruments from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 17th. Stifel Nicolaus reaffirmed a “buy” rating on shares of MKS Instruments in a research report on Sunday, October 1st. KeyCorp reiterated an “outperform” rating and set a $100.00 price objective on shares of MKS Instruments in a research note on Saturday, September 16th. Dougherty & Co lifted their price objective on MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Deutsche Bank lifted their price objective on MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $109.75.

Shares of MKS Instruments (MKSI) traded down $0.85 on Friday, reaching $93.45. The company’s stock had a trading volume of 1,170,000 shares, compared to its average volume of 1,015,539. MKS Instruments has a 12 month low of $53.51 and a 12 month high of $110.60. The company has a current ratio of 4.23, a quick ratio of 3.10 and a debt-to-equity ratio of 0.29. The firm has a market cap of $5,073.87, a PE ratio of 17.67, a P/E/G ratio of 1.01 and a beta of 1.05.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 EPS for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.10. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. The company had revenue of $486.27 million during the quarter, compared to analysts’ expectations of $476.24 million. During the same quarter in the previous year, the firm posted $0.88 EPS. The firm’s revenue was up 27.7% compared to the same quarter last year. equities research analysts predict that MKS Instruments will post 5.89 EPS for the current fiscal year.

In related news, CFO Seth H. Bagshaw sold 7,500 shares of MKS Instruments stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $85.80, for a total value of $643,500.00. Following the completion of the transaction, the chief financial officer now owns 21,615 shares in the company, valued at approximately $1,854,567. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Brian Charles Quirk sold 2,000 shares of MKS Instruments stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $107.90, for a total value of $215,800.00. Following the completion of the transaction, the vice president now owns 13,785 shares of the company’s stock, valued at approximately $1,487,401.50. The disclosure for this sale can be found here. Insiders have sold a total of 11,913 shares of company stock valued at $1,104,039 in the last quarter. Company insiders own 1.65% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. AXA boosted its holdings in MKS Instruments by 27.8% in the 3rd quarter. AXA now owns 178,600 shares of the scientific and technical instruments company’s stock worth $16,869,000 after buying an additional 38,900 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in MKS Instruments by 1,262.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 30,960 shares of the scientific and technical instruments company’s stock worth $2,924,000 after buying an additional 28,687 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in MKS Instruments by 37.8% in the 3rd quarter. GSA Capital Partners LLP now owns 40,049 shares of the scientific and technical instruments company’s stock worth $3,783,000 after buying an additional 10,996 shares during the last quarter. Algert Global LLC acquired a new stake in MKS Instruments in the 3rd quarter worth about $3,376,000. Finally, Cetera Advisors LLC acquired a new stake in MKS Instruments in the 3rd quarter worth about $313,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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About MKS Instruments

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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