MKS Instruments (MKSI) Releases Q2 Earnings Guidance

MKS Instruments (NASDAQ:MKSI) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $2.09-2.36 for the period, compared to the Thomson Reuters consensus estimate of $2.06. The company issued revenue guidance of $550 -590 million, compared to the consensus revenue estimate of $541.38 million.

Shares of MKSI traded down $3.05 during mid-day trading on Tuesday, hitting $102.95. 821,808 shares of the stock were exchanged, compared to its average volume of 583,847. The stock has a market capitalization of $5,762.19, a price-to-earnings ratio of 17.48, a price-to-earnings-growth ratio of 1.00 and a beta of 0.92. MKS Instruments has a 52-week low of $65.90 and a 52-week high of $128.28. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.27 and a quick ratio of 3.10.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings data on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.08. The business had revenue of $512.00 million for the quarter, compared to analysts’ expectations of $500.22 million. MKS Instruments had a return on equity of 22.51% and a net margin of 17.70%. The company’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.05 EPS. sell-side analysts expect that MKS Instruments will post 7.89 earnings per share for the current year.

Several analysts have recently issued reports on MKSI shares. Deutsche Bank upped their price objective on MKS Instruments to $140.00 and gave the stock a buy rating in a report on Thursday, March 22nd. Zacks Investment Research upgraded MKS Instruments from a hold rating to a buy rating and set a $127.00 price target on the stock in a report on Friday, April 6th. Dougherty & Co restated a buy rating on shares of MKS Instruments in a report on Sunday, February 4th. KeyCorp restated a buy rating on shares of MKS Instruments in a report on Friday, February 2nd. Finally, ValuEngine upgraded MKS Instruments from a hold rating to a buy rating in a report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of $123.00.

In other MKS Instruments news, COO John Tseng-Chung Lee sold 13,432 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $115.38, for a total value of $1,549,784.16. Following the transaction, the chief operating officer now owns 1,601 shares of the company’s stock, valued at approximately $184,723.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Seth H. Bagshaw sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $115.21, for a total value of $576,050.00. Following the completion of the transaction, the chief financial officer now directly owns 23,069 shares in the company, valued at approximately $2,657,779.49. The disclosure for this sale can be found here. Insiders have sold a total of 31,443 shares of company stock worth $3,603,392 in the last 90 days. 1.67% of the stock is currently owned by insiders.

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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.

Earnings History and Estimates for MKS Instruments (NASDAQ:MKSI)

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