$1.11 Earnings Per Share Expected for MKS Instruments, Inc. (NASDAQ:MKSI) This Quarter

Brokerages forecast that MKS Instruments, Inc. (NASDAQ:MKSI) will announce earnings per share of $1.11 for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for MKS Instruments’ earnings, with the highest EPS estimate coming in at $1.13 and the lowest estimate coming in at $1.08. MKS Instruments reported earnings per share of $2.33 in the same quarter last year, which would indicate a negative year-over-year growth rate of 52.4%. The company is expected to announce its next quarterly earnings results on Tuesday, July 23rd.

On average, analysts expect that MKS Instruments will report full year earnings of $5.33 per share for the current financial year, with EPS estimates ranging from $4.88 to $5.70. For the next fiscal year, analysts expect that the firm will post earnings of $7.62 per share, with EPS estimates ranging from $6.86 to $8.00. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for MKS Instruments.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Monday, April 29th. The scientific and technical instruments company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.05. MKS Instruments had a return on equity of 20.38% and a net margin of 15.13%. The business had revenue of $463.60 million for the quarter, compared to analyst estimates of $460.64 million. During the same period last year, the company earned $2.07 EPS. MKS Instruments’s revenue for the quarter was down 16.4% compared to the same quarter last year.

A number of equities research analysts have recently weighed in on MKSI shares. Zacks Investment Research lowered Wix.Com from a “hold” rating to a “sell” rating in a research report on Monday, April 8th. Stifel Nicolaus set a $8.00 price objective on FreightCar America and gave the stock a “hold” rating in a research report on Tuesday, April 2nd. Cowen reiterated a “buy” rating and issued a $220.00 price objective on shares of Vertex Pharmaceuticals in a research report on Tuesday, April 30th. Benchmark lifted their price objective on MKS Instruments from $98.00 to $111.00 and gave the stock a “buy” rating in a research report on Friday, March 29th. They noted that the move was a valuation call. Finally, BidaskClub upgraded Zillow Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. MKS Instruments currently has an average rating of “Buy” and a consensus target price of $113.44.

MKSI traded down $1.33 on Thursday, hitting $77.42. 395,700 shares of the company were exchanged, compared to its average volume of 591,108. The company has a market capitalization of $4.28 billion, a PE ratio of 9.89, a PEG ratio of 1.22 and a beta of 1.43. MKS Instruments has a 12 month low of $56.37 and a 12 month high of $103.86. The stock’s fifty day moving average price is $75.25. The company has a quick ratio of 2.98, a current ratio of 4.59 and a debt-to-equity ratio of 0.51.

In related news, CEO Gerard G. Colella sold 5,000 shares of MKS Instruments stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of $75.82, for a total transaction of $379,100.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Elizabeth Mora sold 400 shares of MKS Instruments stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $71.93, for a total value of $28,772.00. Following the sale, the director now owns 16,618 shares in the company, valued at $1,195,332.74. The disclosure for this sale can be found here. Insiders have sold 5,656 shares of company stock worth $429,852 over the last 90 days. 1.24% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System raised its stake in MKS Instruments by 0.4% during the first quarter. Arizona State Retirement System now owns 38,917 shares of the scientific and technical instruments company’s stock valued at $3,621,000 after buying an additional 169 shares during the last quarter. Malaga Cove Capital LLC raised its stake in MKS Instruments by 2.2% during the first quarter. Malaga Cove Capital LLC now owns 8,501 shares of the scientific and technical instruments company’s stock valued at $791,000 after buying an additional 182 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in MKS Instruments by 1.4% during the first quarter. Louisiana State Employees Retirement System now owns 14,500 shares of the scientific and technical instruments company’s stock valued at $1,349,000 after buying an additional 200 shares during the last quarter. Great West Life Assurance Co. Can raised its stake in MKS Instruments by 0.7% during the first quarter. Great West Life Assurance Co. Can now owns 47,879 shares of the scientific and technical instruments company’s stock valued at $4,446,000 after buying an additional 351 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new position in MKS Instruments during the first quarter valued at $39,000. Institutional investors own 95.01% of the company’s stock.

MKS Instruments Company Profile

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. It operates through two segments, Vacuum and Analysis, and Light and Motion. The Vacuum and Analysis segment offers analytical and control solutions, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; direct and indirect pressure measurement and integrated process solutions; and materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with control capabilities that are optimized for a given application.

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

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