MKS Instruments (NASDAQ:MKSI) Issues Q4 Earnings Guidance

MKS Instruments (NASDAQ:MKSI) updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $1.63-2.27 for the period, compared to the consensus earnings per share estimate of $1.49. The company issued revenue guidance of $870-950 million, compared to the consensus revenue estimate of $885.00 million. MKS Instruments also updated its Q4 2024 guidance to 1.630-2.270 EPS.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Cantor Fitzgerald assumed coverage on MKS Instruments in a research note on Tuesday, September 10th. They set an “overweight” rating and a $140.00 target price for the company. KeyCorp lifted their price objective on MKS Instruments from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Friday, July 12th. Deutsche Bank Aktiengesellschaft reduced their target price on MKS Instruments from $140.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, August 9th. Benchmark restated a “buy” rating and issued a $142.00 price target on shares of MKS Instruments in a research note on Thursday, August 8th. Finally, Morgan Stanley initiated coverage on shares of MKS Instruments in a report on Monday, August 5th. They issued an “overweight” rating and a $155.00 price target on the stock. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, MKS Instruments has a consensus rating of “Moderate Buy” and a consensus price target of $141.09.

MKS Instruments Stock Performance

Shares of NASDAQ:MKSI traded up $0.65 during trading on Friday, reaching $116.29. 796,253 shares of the company’s stock traded hands, compared to its average volume of 869,968. The stock has a market capitalization of $7.83 billion, a P/E ratio of 258.42, a price-to-earnings-growth ratio of 0.72 and a beta of 1.63. MKS Instruments has a 12 month low of $67.57 and a 12 month high of $147.40. The company has a 50 day moving average of $106.63 and a 200-day moving average of $119.01. The company has a debt-to-equity ratio of 2.16, a current ratio of 3.58 and a quick ratio of 2.31.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.30. MKS Instruments had a return on equity of 15.82% and a net margin of 0.90%. The business had revenue of $896.00 million for the quarter, compared to analysts’ expectations of $874.29 million. During the same period in the prior year, the firm earned $1.46 EPS. The business’s quarterly revenue was down 3.9% on a year-over-year basis. On average, equities analysts expect that MKS Instruments will post 5.61 EPS for the current year.

MKS Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 25th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Monday, November 25th. MKS Instruments’s dividend payout ratio (DPR) is 195.56%.

Insider Transactions at MKS Instruments

In other news, Director Jacqueline F. Moloney sold 250 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $108.90, for a total transaction of $27,225.00. Following the completion of the transaction, the director now directly owns 10,283 shares in the company, valued at approximately $1,119,818.70. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, EVP John Edward Williams sold 1,800 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $118.71, for a total value of $213,678.00. Following the completion of the transaction, the executive vice president now directly owns 13 shares in the company, valued at $1,543.23. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jacqueline F. Moloney sold 250 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $108.90, for a total value of $27,225.00. Following the sale, the director now directly owns 10,283 shares in the company, valued at approximately $1,119,818.70. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,325 shares of company stock worth $272,795. Insiders own 0.46% of the company’s stock.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.