MKS Instruments (NASDAQ:MKSI) Releases Q4 2024 Earnings Guidance

MKS Instruments (NASDAQ:MKSI) updated its fourth quarter 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.630-2.270 for the period, compared to the consensus estimate of 1.490. The company issued revenue guidance of $870.0 million-$950.0 million, compared to the consensus revenue estimate of $885.0 million. MKS Instruments also updated its Q4 guidance to $1.63-2.27 EPS.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MKSI shares. The Goldman Sachs Group initiated coverage on shares of MKS Instruments in a research note on Tuesday, September 3rd. They set a “neutral” rating and a $129.00 target price for the company. Mizuho raised shares of MKS Instruments to a “strong-buy” rating in a research report on Monday, October 7th. Morgan Stanley assumed coverage on shares of MKS Instruments in a report on Monday, August 5th. They issued an “overweight” rating and a $155.00 price objective for the company. KeyCorp lifted their price target on shares of MKS Instruments from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, July 12th. Finally, Benchmark reaffirmed a “buy” rating and issued a $142.00 price objective on shares of MKS Instruments in a report on Thursday, August 8th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, MKS Instruments presently has an average rating of “Moderate Buy” and a consensus price target of $141.09.

MKS Instruments Trading Up 0.6 %

MKSI traded up $0.65 during trading on Friday, reaching $116.29. 796,253 shares of the stock traded hands, compared to its average volume of 869,968. The stock’s 50-day moving average is $106.63 and its 200 day moving average is $119.05. MKS Instruments has a 12 month low of $67.57 and a 12 month high of $147.40. The company has a quick ratio of 2.31, a current ratio of 3.58 and a debt-to-equity ratio of 2.16. The stock has a market capitalization of $7.83 billion, a PE ratio of 258.42, a P/E/G ratio of 0.72 and a beta of 1.63.

MKS Instruments (NASDAQ:MKSI) last issued its earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.30. MKS Instruments had a return on equity of 15.82% and a net margin of 0.90%. The business had revenue of $896.00 million during the quarter, compared to analyst estimates of $874.29 million. During the same period in the previous year, the company posted $1.46 EPS. The firm’s revenue was down 3.9% compared to the same quarter last year. Equities analysts anticipate that MKS Instruments will post 5.61 earnings per share for the current year.

MKS Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 25th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Monday, November 25th. MKS Instruments’s dividend payout ratio (DPR) is presently 195.56%.

Insider Activity at MKS Instruments

In related news, Director Elizabeth Mora sold 275 shares of MKS Instruments stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $115.97, for a total value of $31,891.75. Following the completion of the sale, the director now owns 17,934 shares of the company’s stock, valued at approximately $2,079,805.98. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Elizabeth Mora sold 275 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $115.97, for a total value of $31,891.75. Following the transaction, the director now owns 17,934 shares of the company’s stock, valued at approximately $2,079,805.98. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jacqueline F. Moloney sold 250 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total value of $27,225.00. Following the completion of the sale, the director now directly owns 10,283 shares in the company, valued at approximately $1,119,818.70. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,325 shares of company stock valued at $272,795. 0.46% of the stock is owned by insiders.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.