Dougherty & Co Weighs in on MKS Instruments, Inc.’s FY2018 Earnings (MKSI)
MKS Instruments, Inc. (NASDAQ:MKSI) – Equities research analysts at Dougherty & Co boosted their FY2018 EPS estimates for MKS Instruments in a research note issued on Sunday. Dougherty & Co analyst R. Ryan now expects that the scientific and technical instruments company will post earnings per share of $7.67 for the year, up from their prior estimate of $6.22. Dougherty & Co currently has a “Buy” rating on the stock.
MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.08. The business had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $500.22 million. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The firm’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.05 EPS.
MKS Instruments (NASDAQ:MKSI) traded down $3.60 during mid-day trading on Wednesday, reaching $99.90. 789,273 shares of the company were exchanged, compared to its average volume of 599,075. The firm has a market cap of $5,620.00, a PE ratio of 16.28, a price-to-earnings-growth ratio of 1.06 and a beta of 1.04. MKS Instruments has a twelve month low of $64.45 and a twelve month high of $110.60. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.06 and a current ratio of 4.21.
Several institutional investors and hedge funds have recently bought and sold shares of MKSI. Allianz Asset Management GmbH increased its position in shares of MKS Instruments by 121.5% during the third quarter. Allianz Asset Management GmbH now owns 869,399 shares of the scientific and technical instruments company’s stock worth $82,115,000 after buying an additional 476,810 shares during the period. Vaughan Nelson Investment Management L.P. bought a new position in MKS Instruments during the third quarter worth $41,700,000. Koch Industries Inc. bought a new position in MKS Instruments during the second quarter worth $358,000. Rothschild Asset Management Inc. bought a new position in MKS Instruments during the third quarter worth $24,693,000. Finally, Prudential Financial Inc. boosted its stake in MKS Instruments by 237.7% during the third quarter. Prudential Financial Inc. now owns 360,782 shares of the scientific and technical instruments company’s stock worth $34,076,000 after acquiring an additional 253,949 shares in the last quarter. Institutional investors own 95.07% of the company’s stock.
In other news, CFO Seth H. Bagshaw sold 10,000 shares of the stock in a transaction on Monday, January 8th. The shares were sold at an average price of $102.07, for a total transaction of $1,020,700.00. Following the completion of the sale, the chief financial officer now directly owns 11,766 shares in the company, valued at $1,200,955.62. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Elizabeth Mora sold 300 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $94.10, for a total transaction of $28,230.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,252 shares of company stock valued at $3,289,287. 1.65% of the stock is currently owned by corporate insiders.
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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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