MKS Instruments, Inc. (NASDAQ:MKSI) has earned an average recommendation of “Buy” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and eight have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $116.50.
Several analysts have weighed in on MKSI shares. Stifel Nicolaus lowered their price objective on MKS Instruments from $155.00 to $146.00 and set a “buy” rating for the company in a research report on Tuesday, October 23rd. Cowen set a $100.00 target price on MKS Instruments and gave the company a “buy” rating in a report on Wednesday, October 24th. Citigroup decreased their target price on MKS Instruments from $118.00 to $101.00 and set a “buy” rating for the company in a report on Tuesday, September 25th. ValuEngine downgraded MKS Instruments from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 12th. Finally, Zacks Investment Research downgraded MKS Instruments from a “hold” rating to a “sell” rating in a report on Tuesday, September 25th.
Shares of MKSI stock opened at $72.56 on Friday. The company has a quick ratio of 3.86, a current ratio of 5.38 and a debt-to-equity ratio of 0.19. MKS Instruments has a fifty-two week low of $67.83 and a fifty-two week high of $128.28. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 12.17, a P/E/G ratio of 0.81 and a beta of 0.90.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 7th. Investors of record on Monday, November 26th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, November 23rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.10%. MKS Instruments’s dividend payout ratio is presently 13.42%.
In related news, Director Elizabeth Mora sold 375 shares of the company’s stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of $79.90, for a total transaction of $29,962.50. Following the completion of the transaction, the director now owns 15,412 shares in the company, valued at $1,231,418.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.67% of the stock is owned by corporate insiders.
Several institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC raised its holdings in shares of MKS Instruments by 31.5% during the second quarter. Lido Advisors LLC now owns 2,751 shares of the scientific and technical instruments company’s stock valued at $263,000 after acquiring an additional 659 shares in the last quarter. Intrust Bank NA raised its holdings in shares of MKS Instruments by 14.4% during the second quarter. Intrust Bank NA now owns 5,641 shares of the scientific and technical instruments company’s stock valued at $540,000 after acquiring an additional 712 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in MKS Instruments by 5.9% in the third quarter. Thrivent Financial for Lutherans now owns 13,189 shares of the scientific and technical instruments company’s stock worth $1,057,000 after purchasing an additional 730 shares during the period. Meadow Creek Investment Management LLC grew its stake in MKS Instruments by 10.8% in the second quarter. Meadow Creek Investment Management LLC now owns 7,756 shares of the scientific and technical instruments company’s stock worth $742,000 after purchasing an additional 756 shares during the period. Finally, Bahl & Gaynor Inc. grew its stake in MKS Instruments by 5.4% in the third quarter. Bahl & Gaynor Inc. now owns 15,934 shares of the scientific and technical instruments company’s stock worth $1,277,000 after purchasing an additional 810 shares during the period. Institutional investors own 91.52% of the company’s stock.
About MKS Instruments
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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