BidaskClub Lowers MKS Instruments (MKSI) to Sell

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

MKSI has been the subject of several other research reports. Stifel Nicolaus lifted their price objective on shares of MKS Instruments from $147.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, June 18th. KeyCorp reiterated a “buy” rating and issued a $135.00 price objective on shares of MKS Instruments in a research note on Thursday, July 26th. ValuEngine cut shares of MKS Instruments from a “hold” rating to a “sell” rating in a research note on Wednesday, July 25th. Citigroup dropped their price objective on shares of MKS Instruments from $122.00 to $118.00 and set a “buy” rating for the company in a research note on Monday, July 30th. Finally, Zacks Investment Research cut shares of MKS Instruments from a “hold” rating to a “sell” rating in a research note on Tuesday, September 25th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $127.75.

Shares of MKS Instruments stock opened at $76.48 on Tuesday. MKS Instruments has a twelve month low of $75.91 and a twelve month high of $128.28. The company has a quick ratio of 3.66, a current ratio of 5.03 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 0.83 and a beta of 0.88.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings data on Tuesday, July 24th. The scientific and technical instruments company reported $2.33 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.11. MKS Instruments had a net margin of 17.95% and a return on equity of 25.69%. The business had revenue of $573.14 million during the quarter, compared to analysts’ expectations of $567.99 million. During the same quarter in the previous year, the company earned $1.41 EPS. The business’s revenue was up 19.2% on a year-over-year basis. As a group, equities research analysts expect that MKS Instruments will post 8.01 EPS for the current fiscal year.

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

Hedge funds have recently added to or reduced their stakes in the business. Itau Unibanco Holding S.A. bought a new position in MKS Instruments in the 2nd quarter valued at about $155,000. Cerebellum GP LLC increased its holdings in MKS Instruments by 239.6% in the 2nd quarter. Cerebellum GP LLC now owns 1,854 shares of the scientific and technical instruments company’s stock valued at $177,000 after buying an additional 1,308 shares during the period. Visionary Asset Management Inc. bought a new position in MKS Instruments in the 2nd quarter valued at about $209,000. Creative Planning increased its holdings in MKS Instruments by 34.8% in the 2nd quarter. Creative Planning now owns 2,423 shares of the scientific and technical instruments company’s stock valued at $232,000 after buying an additional 625 shares during the period. Finally, Virtu Financial LLC bought a new position in MKS Instruments in the 2nd quarter valued at about $240,000. 91.19% of the stock is currently owned by hedge funds and other institutional investors.

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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