MKS (NASDAQ:MKSI) Price Target Cut to $330.00 by Analysts at Mizuho

MKS (NASDAQ:MKSIGet Free Report) had its target price cut by analysts at Mizuho from $360.00 to $330.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the scientific and technical instruments company’s stock. Mizuho’s price objective would indicate a potential upside of 22.65% from the company’s previous close.

A number of other research firms have also recently issued reports on MKSI. BMO Capital Markets began coverage on shares of MKS in a research report on Tuesday, June 30th. They set an “outperform” rating and a $453.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $360.00 target price on shares of MKS in a research report on Friday, July 31st. Citigroup upped their price target on shares of MKS from $425.00 to $430.00 and gave the stock a “buy” rating in a report on Friday, August 7th. KeyCorp increased their price target on MKS from $360.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Finally, Wells Fargo & Company raised their price objective on MKS from $300.00 to $325.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $382.86.

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MKS Stock Down 3.6%

Shares of MKSI opened at $269.06 on Tuesday. The firm has a 50 day simple moving average of $339.83 and a two-hundred day simple moving average of $294.95. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.14 and a quick ratio of 0.72. MKS has a one year low of $97.50 and a one year high of $447.62. The company has a market cap of $18.19 billion, a P/E ratio of 42.91, a P/E/G ratio of 0.59 and a beta of 1.98.

MKS (NASDAQ:MKSIGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.91 by $0.39. MKS had a return on equity of 24.72% and a net margin of 10.15%.The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the firm earned $1.77 EPS. MKS’s revenue was up 28.3% on a year-over-year basis. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Research analysts forecast that MKS will post 12.96 EPS for the current fiscal year.

Insider Buying and Selling

In other MKS news, CAO Michelle M. Mccarthy sold 2,434 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $315.23, for a total transaction of $767,269.82. Following the completion of the sale, the chief accounting officer owned 2 shares of the company’s stock, valued at approximately $630.46. This represents a 99.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Tseng-Chung Lee sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $302.01, for a total transaction of $3,020,100.00. Following the transaction, the chief executive officer owned 134,776 shares of the company’s stock, valued at approximately $40,703,699.76. The trade was a 6.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 34,991 shares of company stock valued at $11,275,822 over the last 90 days. 0.57% of the stock is currently owned by corporate insiders.

Institutional Trading of MKS

A number of institutional investors have recently bought and sold shares of MKSI. Keating Financial Advisory Services Inc. bought a new position in shares of MKS in the 2nd quarter worth about $25,000. Global Retirement Partners LLC boosted its position in shares of MKS by 560.0% during the 4th quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 140 shares in the last quarter. IFP Advisors Inc grew its stake in MKS by 616.7% during the fourth quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 148 shares during the period. Allied Private Wealth LLC acquired a new stake in MKS during the second quarter worth approximately $33,000. Finally, Clearstead Trust LLC bought a new stake in MKS in the second quarter worth approximately $36,000. Institutional investors own 99.79% of the company’s stock.

MKS Company Profile

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MKS Instruments, Inc (NASDAQ: MKSI) designs, manufactures and markets technology solutions that enable advanced processes in a variety of high?technology and industrial markets. The company’s core offerings include vacuum and gas delivery systems, pressure and flow measurement instruments, optical metrology tools, photonics subsystems and critical components for manufacturing processes. These products support the precise control and monitoring needs of semiconductor, industrial manufacturing, life and health sciences, and research applications.

The company’s product portfolio features mass flow controllers, pressure transducers, vacuum gauges, gas purity monitors, laser-based metrology systems and photonic devices such as lasers and detectors.

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Analyst Recommendations for MKS (NASDAQ:MKSI)

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