MKS Instruments, Inc. (MKSI) Receives $122.67 Consensus Target Price from Analysts
Shares of MKS Instruments, Inc. (NASDAQ:MKSI) have earned an average rating of “Buy” from the seven research firms that are covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $122.67.
Several equities research analysts recently commented on MKSI shares. Dougherty & Co boosted their price objective on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Deutsche Bank boosted their price objective on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Stifel Nicolaus reiterated a “buy” rating and issued a $108.00 price objective (up from $98.00) on shares of MKS Instruments in a research report on Tuesday, October 24th. BidaskClub lowered shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Finally, KeyCorp reiterated a “buy” rating on shares of MKS Instruments in a research report on Friday, February 2nd.
MKS Instruments (MKSI) traded up $3.25 during trading on Friday, hitting $103.15. 496,300 shares of the company traded hands, compared to its average volume of 606,510. MKS Instruments has a 1-year low of $64.45 and a 1-year high of $110.60. The company has a quick ratio of 3.06, a current ratio of 4.21 and a debt-to-equity ratio of 0.25. The stock has a market cap of $5,600.00, a price-to-earnings ratio of 16.39, a PEG ratio of 0.99 and a beta of 1.04.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 26th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.70%. MKS Instruments’s dividend payout ratio (DPR) is 11.69%.
In other MKS Instruments news, VP Brian Charles Quirk sold 2,000 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $105.10, for a total value of $210,200.00. Following the transaction, the vice president now directly owns 11,863 shares in the company, valued at approximately $1,246,801.30. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Gerard G. Colella sold 10,000 shares of the company’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $96.30, for a total transaction of $963,000.00. Following the completion of the transaction, the chief executive officer now owns 5,025 shares in the company, valued at $483,907.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 31,139 shares of company stock worth $3,069,492. 1.65% of the stock is owned by insiders.
A number of large investors have recently added to or reduced their stakes in MKSI. Meeder Asset Management Inc. lifted its holdings in MKS Instruments by 311.2% in the 4th quarter. Meeder Asset Management Inc. now owns 1,065 shares of the scientific and technical instruments company’s stock valued at $101,000 after purchasing an additional 806 shares in the last quarter. Krilogy Financial LLC purchased a new position in MKS Instruments in the 3rd quarter valued at about $144,000. Bridgeworth LLC purchased a new position in MKS Instruments in the 3rd quarter valued at about $203,000. Greenwood Capital Associates LLC purchased a new position in MKS Instruments in the 3rd quarter valued at about $204,000. Finally, Advisor Partners LLC purchased a new position in MKS Instruments in the 4th quarter valued at about $206,000. Institutional investors own 95.00% of the company’s stock.
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About MKS Instruments
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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