Shares of MKS Instruments, Inc. (NASDAQ:MKSI) have received a consensus rating of “Hold” from the ten analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $130.00.

MKSI has been the topic of several research reports. ValuEngine cut MKS Instruments from a “hold” rating to a “sell” rating in a report on Monday, August 13th. Citigroup dropped their price target on MKS Instruments from $118.00 to $101.00 and set a “buy” rating on the stock in a report on Tuesday, September 25th. Cowen dropped their price target on MKS Instruments from $135.00 to $124.00 and set a “hold” rating on the stock in a report on Thursday, July 26th. BidaskClub cut MKS Instruments from a “buy” rating to a “hold” rating in a report on Tuesday, June 26th. Finally, Benchmark reaffirmed a “buy” rating and issued a $125.00 price target on shares of MKS Instruments in a report on Thursday, July 26th.

In other MKS Instruments news, Director Elizabeth Mora sold 375 shares of the business’s stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $92.50, for a total transaction of $34,687.50. Following the sale, the director now directly owns 15,787 shares of the company’s stock, valued at approximately $1,460,297.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Peter Hanley sold 1,240 shares of the business’s stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $94.39, for a total transaction of $117,043.60. Following the sale, the director now directly owns 1,501 shares in the company, valued at $141,679.39. The disclosure for this sale can be found here. 1.67% of the stock is owned by insiders.

A number of large investors have recently made changes to their positions in MKSI. Millennium Management LLC raised its stake in MKS Instruments by 2,397.4% during the 2nd quarter. Millennium Management LLC now owns 531,926 shares of the scientific and technical instruments company’s stock valued at $50,905,000 after purchasing an additional 510,627 shares during the period. Renaissance Technologies LLC raised its stake in MKS Instruments by 38.2% during the 2nd quarter. Renaissance Technologies LLC now owns 1,393,902 shares of the scientific and technical instruments company’s stock valued at $133,396,000 after purchasing an additional 385,102 shares during the period. Ardevora Asset Management LLP raised its stake in MKS Instruments by 1,084.2% during the 2nd quarter. Ardevora Asset Management LLP now owns 342,712 shares of the scientific and technical instruments company’s stock valued at $32,798,000 after purchasing an additional 313,772 shares during the period. Principal Financial Group Inc. raised its stake in MKS Instruments by 26.4% during the 1st quarter. Principal Financial Group Inc. now owns 897,572 shares of the scientific and technical instruments company’s stock valued at $103,804,000 after purchasing an additional 187,491 shares during the period. Finally, Paloma Partners Management Co raised its stake in MKS Instruments by 1,269.2% during the 2nd quarter. Paloma Partners Management Co now owns 153,876 shares of the scientific and technical instruments company’s stock valued at $14,725,000 after purchasing an additional 142,638 shares during the period. 91.19% of the stock is currently owned by institutional investors.

MKSI opened at $78.04 on Thursday. The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 13.09, a PEG ratio of 0.83 and a beta of 0.88. The company has a debt-to-equity ratio of 0.19, a current ratio of 5.03 and a quick ratio of 3.66. MKS Instruments has a 1-year low of $73.11 and a 1-year high of $128.28.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Tuesday, July 24th. The scientific and technical instruments company reported $2.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.22 by $0.11. The company had revenue of $573.14 million for the quarter, compared to analysts’ expectations of $567.99 million. MKS Instruments had a return on equity of 25.69% and a net margin of 17.95%. The firm’s revenue was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.41 earnings per share. On average, analysts predict that MKS Instruments will post 8.01 EPS for the current fiscal year.

MKS Instruments Company Profile

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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Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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