Equities research analysts expect MKS Instruments, Inc. (NASDAQ:MKSI) to report $2.93 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for MKS Instruments’ earnings. The lowest EPS estimate is $2.90 and the highest is $2.99. MKS Instruments posted earnings of $1.62 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 80.9%. The firm is scheduled to report its next earnings report after the market closes on Wednesday, July 28th.
On average, analysts expect that MKS Instruments will report full-year earnings of $11.23 per share for the current financial year, with EPS estimates ranging from $11.00 to $11.41. For the next year, analysts expect that the business will report earnings of $12.35 per share, with EPS estimates ranging from $12.00 to $12.69. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for MKS Instruments.
MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Sunday, April 25th. The scientific and technical instruments company reported $2.56 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.36. The company had revenue of $694.00 million during the quarter, compared to analysts’ expectations of $652.80 million. MKS Instruments had a net margin of 16.21% and a return on equity of 20.42%. The firm’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.54 earnings per share.
MKSI opened at $165.31 on Monday. The firm has a market capitalization of $9.15 billion, a price-to-earnings ratio of 19.00 and a beta of 1.55. MKS Instruments has a twelve month low of $101.78 and a twelve month high of $199.44. The stock’s 50-day simple moving average is $174.97. The company has a quick ratio of 3.78, a current ratio of 5.17 and a debt-to-equity ratio of 0.33.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 11th. Shareholders of record on Monday, May 31st were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.53%. This is a boost from MKS Instruments’s previous quarterly dividend of $0.20. The ex-dividend date was Thursday, May 27th. MKS Instruments’s payout ratio is 11.84%.
In other news, SVP Eric Robert Taranto sold 1,788 shares of the business’s stock in a transaction on Thursday, April 29th. The shares were sold at an average price of $185.29, for a total transaction of $331,298.52. Following the transaction, the senior vice president now directly owns 3,506 shares of the company’s stock, valued at $649,626.74. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP David Philip Henry sold 284 shares of MKS Instruments stock in a transaction on Thursday, May 20th. The stock was sold at an average price of $186.70, for a total transaction of $53,022.80. Following the completion of the sale, the senior vice president now owns 1,806 shares of the company’s stock, valued at approximately $337,180.20. The disclosure for this sale can be found here. Insiders own 0.46% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in MKSI. BlackRock Inc. boosted its holdings in shares of MKS Instruments by 5.3% during the first quarter. BlackRock Inc. now owns 5,430,192 shares of the scientific and technical instruments company’s stock valued at $1,006,865,000 after acquiring an additional 274,904 shares during the period. JPMorgan Chase & Co. raised its holdings in MKS Instruments by 11.5% during the 1st quarter. JPMorgan Chase & Co. now owns 2,209,616 shares of the scientific and technical instruments company’s stock worth $409,708,000 after buying an additional 228,328 shares during the period. Neuberger Berman Group LLC raised its holdings in MKS Instruments by 0.7% during the 1st quarter. Neuberger Berman Group LLC now owns 1,361,519 shares of the scientific and technical instruments company’s stock worth $251,495,000 after buying an additional 9,160 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of MKS Instruments by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,165,520 shares of the scientific and technical instruments company’s stock valued at $216,111,000 after purchasing an additional 164,093 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of MKS Instruments by 7.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,055,478 shares of the scientific and technical instruments company’s stock valued at $158,797,000 after purchasing an additional 74,241 shares during the period. Hedge funds and other institutional investors own 94.73% of the company’s stock.
MKS Instruments Company Profile
MKS Instruments, Inc provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment offers pressure and vacuum control solutions, including direct and indirect pressure measurement; materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems, which provide customers with precise control capabilities; power delivery products, such as microwave, power delivery systems, radio frequency matching networks, and metrology products used in providing energy to etching, stripping, and deposition processes; and plasma and reactive gas products.
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