Somewhat Favorable Press Coverage Somewhat Unlikely to Impact MKS Instruments (MKSI) Stock Price
Press coverage about MKS Instruments (NASDAQ:MKSI) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MKS Instruments earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the scientific and technical instruments company an impact score of 46.5219644798677 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
MKS Instruments (NASDAQ:MKSI) opened at 98.40 on Friday. The stock’s 50 day moving average price is $89.51 and its 200-day moving average price is $79.78. The company has a market capitalization of $5.34 billion, a P/E ratio of 20.44 and a beta of 1.13. MKS Instruments has a 12 month low of $46.51 and a 12 month high of $98.75.
MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 EPS for the quarter, meeting analysts’ consensus estimates of $1.41. The business had revenue of $481.00 million during the quarter, compared to analyst estimates of $463.86 million. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. MKS Instruments’s quarterly revenue was up 47.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 EPS. On average, equities research analysts predict that MKS Instruments will post $5.47 EPS for the current fiscal year.
Several brokerages recently weighed in on MKSI. KeyCorp restated an “outperform” rating and set a $100.00 price objective on shares of MKS Instruments in a research report on Saturday, September 16th. BidaskClub upgraded MKS Instruments from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 18th. Stifel Nicolaus reiterated a “buy” rating and issued a $98.00 target price (up from $90.00) on shares of MKS Instruments in a research report on Thursday, July 27th. Finally, Deutsche Bank AG initiated coverage on MKS Instruments in a research report on Wednesday, July 5th. They issued a “buy” rating and a $84.00 target price for the company. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $95.50.
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In other MKS Instruments news, Director Peter Hanley sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $83.22, for a total transaction of $83,220.00. Following the transaction, the director now owns 3,372 shares in the company, valued at approximately $280,617.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Seth H. Bagshaw sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $85.80, for a total value of $643,500.00. Following the transaction, the chief financial officer now owns 21,615 shares in the company, valued at approximately $1,854,567. The disclosure for this sale can be found here. Insiders have sold a total of 11,100 shares of company stock valued at $935,105 in the last ninety days. 1.65% of the stock is currently owned by corporate insiders.
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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