Wall Street brokerages expect MKS Instruments, Inc. (NASDAQ:MKSI) to post sales of $440.68 million for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for MKS Instruments’ earnings. The lowest sales estimate is $439.40 million and the highest is $443.30 million. MKS Instruments posted sales of $511.80 million in the same quarter last year, which would indicate a negative year over year growth rate of 13.9%. The firm is expected to announce its next quarterly earnings results on Wednesday, January 30th.

On average, analysts expect that MKS Instruments will report full year sales of $2.06 billion for the current financial year, with estimates ranging from $2.05 billion to $2.06 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.09 billion, with estimates ranging from $2.04 billion to $2.16 billion. Zacks’ sales averages are an average based on a survey of analysts that follow MKS Instruments.

MKS Instruments (NASDAQ:MKSI) last posted its earnings results on Tuesday, October 23rd. The scientific and technical instruments company reported $1.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.72 by $0.16. The company had revenue of $487.00 million during the quarter, compared to analyst estimates of $492.88 million. MKS Instruments had a return on equity of 25.57% and a net margin of 18.76%. The business’s revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.56 earnings per share.

Several equities analysts have recently commented on MKSI shares. ValuEngine lowered MKS Instruments from a “hold” rating to a “sell” rating in a report on Monday, August 13th. Citigroup lowered their target price on MKS Instruments from $118.00 to $101.00 and set a “buy” rating for the company in a report on Tuesday, September 25th. Cowen lowered their target price on MKS Instruments from $135.00 to $124.00 and set a “hold” rating for the company in a report on Thursday, July 26th. KeyCorp lowered their target price on MKS Instruments from $135.00 to $112.00 and set an “overweight” rating for the company in a report on Thursday, October 25th. Finally, Benchmark reaffirmed a “buy” rating and set a $125.00 target price on shares of MKS Instruments in a report on Thursday, July 26th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. MKS Instruments presently has a consensus rating of “Buy” and a consensus price target of $118.00.

Shares of NASDAQ:MKSI traded down $2.43 during trading on Friday, hitting $72.69. 339,746 shares of the company traded hands, compared to its average volume of 614,791. The firm has a market capitalization of $4.16 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 0.81 and a beta of 0.88. MKS Instruments has a one year low of $67.83 and a one year high of $128.28. The company has a current ratio of 5.38, a quick ratio of 3.86 and a debt-to-equity ratio of 0.19.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Monday, November 26th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, November 23rd. This represents a $0.80 annualized dividend and a dividend yield of 1.10%. MKS Instruments’s dividend payout ratio is presently 13.42%.

In other news, Director Elizabeth Mora sold 375 shares of the business’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $92.50, for a total transaction of $34,687.50. Following the completion of the transaction, the director now directly owns 15,787 shares in the company, valued at $1,460,297.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.67% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. boosted its position in shares of MKS Instruments by 0.9% during the third quarter. BlackRock Inc. now owns 5,087,485 shares of the scientific and technical instruments company’s stock worth $407,762,000 after buying an additional 46,856 shares during the period. Renaissance Technologies LLC boosted its position in shares of MKS Instruments by 38.2% during the second quarter. Renaissance Technologies LLC now owns 1,393,902 shares of the scientific and technical instruments company’s stock worth $133,396,000 after buying an additional 385,102 shares during the period. Royce & Associates LP boosted its position in shares of MKS Instruments by 5.3% during the second quarter. Royce & Associates LP now owns 1,000,897 shares of the scientific and technical instruments company’s stock worth $95,786,000 after buying an additional 50,368 shares during the period. Wells Fargo & Company MN boosted its position in shares of MKS Instruments by 1.8% during the second quarter. Wells Fargo & Company MN now owns 930,267 shares of the scientific and technical instruments company’s stock worth $89,028,000 after buying an additional 16,878 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of MKS Instruments by 26.4% during the first quarter. Principal Financial Group Inc. now owns 897,572 shares of the scientific and technical instruments company’s stock worth $103,804,000 after buying an additional 187,491 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.

MKS Instruments Company Profile

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.

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Earnings History and Estimates for MKS Instruments (NASDAQ:MKSI)

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