MKS Instruments (MKSI) Earning Somewhat Favorable Press Coverage, Report Shows
Press coverage about MKS Instruments (NASDAQ:MKSI) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MKS Instruments earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the scientific and technical instruments company an impact score of 46.348956627692 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Form 4 MKS INSTRUMENTS INC For: Sep 06 Filed by: HANLEY PETER (streetinsider.com)
- Dr. Mark Gitin Joins MKS Instruments to Lead the Photonics Business Unit (finance.yahoo.com)
- MKS Instruments, Inc. (MKSI) Director Sells $24,945.00 in Stock (americanbankingnews.com)
- Technicals in View: Tracking Shares of MKS Instruments Inc (MKSI) – Financial News Review (finnewsreview.com)
- First Week of April 2018 Options Trading For MKS Instruments (MKSI) – Nasdaq (nasdaq.com)
MKS Instruments (MKSI) opened at 82.50 on Friday. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 17.14 and a beta of 1.08. The stock has a 50 day moving average price of $80.93 and a 200 day moving average price of $75.26. MKS Instruments has a 52 week low of $45.85 and a 52 week high of $88.40.
MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.41. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. The company had revenue of $481 million for the quarter, compared to the consensus estimate of $463.86 million. During the same quarter last year, the business posted $0.72 earnings per share. The firm’s revenue was up 47.6% compared to the same quarter last year. On average, equities analysts forecast that MKS Instruments will post $5.42 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Monday, August 28th were given a $0.175 dividend. The ex-dividend date of this dividend was Thursday, August 24th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.85%. MKS Instruments’s dividend payout ratio (DPR) is presently 14.58%.
MKSI has been the topic of several recent analyst reports. BidaskClub lowered MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th. Stifel Nicolaus reiterated a “buy” rating and issued a $98.00 price target (up previously from $90.00) on shares of MKS Instruments in a research note on Thursday, July 27th. Deutsche Bank AG initiated coverage on MKS Instruments in a research note on Wednesday, July 5th. They issued a “buy” rating and a $84.00 price target on the stock. Finally, ValuEngine upgraded MKS Instruments from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $84.00.
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In related news, VP Brian Charles Quirk sold 2,000 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $79.30, for a total value of $158,600.00. Following the transaction, the vice president now owns 15,785 shares of the company’s stock, valued at $1,251,750.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Peter Hanley sold 1,000 shares of the stock in a transaction on Friday, July 28th. The shares were sold at an average price of $83.22, for a total value of $83,220.00. Following the completion of the transaction, the director now directly owns 3,372 shares in the company, valued at approximately $280,617.84. The disclosure for this sale can be found here. Insiders sold 3,850 shares of company stock worth $309,843 in the last quarter. 1.65% of the stock is currently owned by company insiders.
MKS Instruments Company Profile
MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.
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