MKS Instruments (NASDAQ:MKSI) Updates Q4 2024 Earnings Guidance

MKS Instruments (NASDAQ:MKSI) updated its fourth quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of 1.630-2.270 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of $870.0 million-$950.0 million, compared to the consensus revenue estimate of $885.0 million. MKS Instruments also updated its Q4 guidance to $1.63-2.27 EPS.

MKS Instruments Price Performance

Shares of MKSI stock traded up $0.65 during trading hours on Friday, hitting $116.29. The company’s stock had a trading volume of 796,253 shares, compared to its average volume of 869,968. MKS Instruments has a twelve month low of $67.57 and a twelve month high of $147.40. The company has a current ratio of 3.58, a quick ratio of 2.31 and a debt-to-equity ratio of 2.16. The business has a fifty day moving average of $106.63 and a 200-day moving average of $119.05. The stock has a market cap of $7.83 billion, a price-to-earnings ratio of 258.42, a P/E/G ratio of 0.72 and a beta of 1.63.

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, beating analysts’ consensus estimates of $1.42 by $0.30. MKS Instruments had a net margin of 0.90% and a return on equity of 15.82%. The company had revenue of $896.00 million for the quarter, compared to analyst estimates of $874.29 million. During the same quarter last year, the business earned $1.46 EPS. MKS Instruments’s revenue for the quarter was down 3.9% on a year-over-year basis. As a group, equities research analysts anticipate that MKS Instruments will post 5.61 EPS for the current year.

MKS Instruments Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have weighed in on MKSI. Benchmark reissued a “buy” rating and set a $142.00 price objective on shares of MKS Instruments in a research note on Thursday, August 8th. Cantor Fitzgerald began coverage on MKS Instruments in a report on Tuesday, September 10th. They set an “overweight” rating and a $140.00 target price on the stock. Needham & Company LLC boosted their price objective on shares of MKS Instruments from $153.00 to $156.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Deutsche Bank Aktiengesellschaft decreased 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. Finally, Mizuho upgraded shares of MKS Instruments to a “strong-buy” rating in a research report on Monday, October 7th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $141.09.

Insider Activity

In other news, EVP John Edward Williams sold 1,800 shares of MKS Instruments stock in a transaction on Friday, August 16th. The stock was 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 approximately $1,543.23. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP John Edward Williams sold 1,800 shares of MKS Instruments stock in a transaction on Friday, August 16th. The shares were sold at an average price of $118.71, for a total transaction of $213,678.00. Following the completion of the sale, the executive vice president now directly owns 13 shares of the company’s stock, valued at approximately $1,543.23. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Elizabeth Mora sold 275 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $115.97, for a total transaction of $31,891.75. Following the transaction, the director now owns 17,934 shares in the company, valued at $2,079,805.98. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,325 shares of company stock valued at $272,795 in the last ninety days. 0.46% of the stock is currently owned by insiders.

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.