MKS Instruments, Inc. (NASDAQ:MKSI) COO John Tseng-Chung Lee sold 2,113 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $104.02, for a total value of $219,794.26. Following the transaction, the chief operating officer now directly owns 1 shares of the company’s stock, valued at $104.02. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of MKS Instruments, Inc. (NASDAQ:MKSI) remained flat at $$104.15 during midday trading on Tuesday. 398,900 shares of the company’s stock were exchanged, compared to its average volume of 472,615. 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 stock has a market capitalization of $5,630.00, a P/E ratio of 19.69, a price-to-earnings-growth ratio of 1.13 and a beta of 1.11. MKS Instruments, Inc. has a 12-month low of $52.35 and a 12-month high of $110.60.
MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.10. The firm had revenue of $486.27 million during the quarter, compared to analyst estimates of $476.24 million. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period last year, the company posted $0.88 EPS. equities research analysts forecast that MKS Instruments, Inc. will post 5.89 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Monday, November 27th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, November 24th. This is a positive change from MKS Instruments’s previous quarterly dividend of $0.18. This represents a $0.72 annualized dividend and a dividend yield of 0.69%. MKS Instruments’s dividend payout ratio (DPR) is currently 12.52%.
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MKSI has been the subject of a number of research reports. BidaskClub raised MKS Instruments from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 18th. Stifel Nicolaus reaffirmed a “buy” rating and set a $98.00 price target (up from $90.00) on shares of MKS Instruments in a research note on Thursday, July 27th. KeyCorp reaffirmed an “outperform” rating and set a $100.00 price target on shares of MKS Instruments in a research note on Saturday, September 16th. Deutsche Bank AG increased their price target on MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Dougherty & Co increased their price target on MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. MKS Instruments presently has a consensus rating of “Buy” and an average target price of $109.75.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Riverhead Capital Management LLC boosted its stake in shares of 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 worth $139,000 after acquiring an additional 863 shares in the last quarter. Bridgeworth LLC bought a new stake in shares of MKS Instruments during the 3rd quarter worth $203,000. Greenwood Capital Associates LLC bought a new stake in shares of MKS Instruments during the 3rd quarter worth $204,000. Creative Planning boosted its stake in shares of 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 worth $151,000 after acquiring an additional 416 shares in the last quarter. Finally, CAPROCK Group Inc. bought a new stake in shares of MKS Instruments during the 3rd quarter worth $213,000. 97.24% of the stock is 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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