Analysts expect that MKS Instruments, Inc. (NASDAQ:MKSI – Get Rating) will announce $2.31 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for MKS Instruments’ earnings, with the lowest EPS estimate coming in at $2.28 and the highest estimate coming in at $2.38. MKS Instruments reported earnings per share of $3.02 in the same quarter last year, which suggests a negative year-over-year growth rate of 23.5%. The company is scheduled to report its next earnings report on Monday, January 1st.
On average, analysts expect that MKS Instruments will report full year earnings of $10.50 per share for the current financial year, with EPS estimates ranging from $10.00 to $10.85. For the next financial year, analysts anticipate that the company will post earnings of $11.77 per share, with EPS estimates ranging from $11.25 to $12.15. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow MKS Instruments.
MKS Instruments (NASDAQ:MKSI – Get Rating) last released its quarterly earnings results on Tuesday, April 26th. The scientific and technical instruments company reported $2.71 EPS for the quarter, topping the consensus estimate of $2.59 by $0.12. The business had revenue of $742.00 million during the quarter, compared to analyst estimates of $753.56 million. MKS Instruments had a net margin of 19.08% and a return on equity of 22.81%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.56 earnings per share.
Large investors have recently bought and sold shares of the stock. Tudor Investment Corp Et Al raised its position in MKS Instruments by 30.7% during the third quarter. Tudor Investment Corp Et Al now owns 34,111 shares of the scientific and technical instruments company’s stock valued at $5,148,000 after buying an additional 8,016 shares during the period. Nuveen Asset Management LLC raised its position in MKS Instruments by 10.6% during the fourth quarter. Nuveen Asset Management LLC now owns 397,393 shares of the scientific and technical instruments company’s stock valued at $69,214,000 after buying an additional 38,223 shares during the period. Envestnet Asset Management Inc. raised its position in MKS Instruments by 90.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 49,181 shares of the scientific and technical instruments company’s stock valued at $8,566,000 after buying an additional 23,344 shares during the period. Charles Schwab Investment Management Inc. raised its position in MKS Instruments by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 510,671 shares of the scientific and technical instruments company’s stock valued at $88,944,000 after buying an additional 13,585 shares during the period. Finally, Hudson Value Partners LLC acquired a new position in MKS Instruments during the fourth quarter valued at $1,616,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.
MKSI stock opened at $125.46 on Friday. The company has a market capitalization of $6.98 billion, a P/E ratio of 12.22 and a beta of 1.53. The company has a 50-day simple moving average of $123.66 and a 200 day simple moving average of $146.28. MKS Instruments has a fifty-two week low of $110.26 and a fifty-two week high of $186.83. The company has a quick ratio of 3.72, a current ratio of 5.18 and a debt-to-equity ratio of 0.27.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 10th. Investors of record on Monday, May 30th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.70%. The ex-dividend date is Thursday, May 26th. MKS Instruments’s payout ratio is 8.57%.
About MKS Instruments (Get Rating)
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 solutions 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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