Ideas And Forecasts On MKS Instruments Inc. (NASDAQ: MKSI)

MKS Instruments Inc. (NASDAQ:MKSI) currently has a daily average trading volume of 606.96K but it saw 854878 shares traded on Thursday. With a market cap of 6.35B USD, stock’s current market price of $93.00 came rising about 6.07 while comparing to the previous closing price of $87.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $125.56 and as low as $64.77. In the recent trading on the day, stock has struck highest price mark of $93.40 while lowest mark touched by it was $88.74.

Taking a look at 20-day trading activity of MKS Instruments Inc. (MKSI) gives us an average price of $85.71, while its current price level is -25.93% below from 52-week high level whereas it is 43.59% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $84.99 while that of 200 days or SMA-200 reads an average of $89.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.54% during that period while stretching the period over a month that increases to 3.75%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.28 which implies that the stock is in neutral territory.

Over the week, MKSI’s stock price is moving 3.86% up while it is 15.38% when we observe its performance for the past one month. Year-to-date it is 9.76% up and over the past year, the stock is showing a downside performance of -18.90%.

The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.48 beat the consensus estimate of -$0.14 for the same. The company is expected to be releasing its next quarterly report in 07/26/2023, for which analysts forecasted an EPS of $1.16 while estimate for next year EPS is $3.45. For MKSI, analysts are forecasting an EPS-growth rate of -65.40% for current year and estimate for EPS growth in next year is 64.60%. In next quarter, company is expected to be making quarterly sales of $934.61 million as analysts are expecting the sales for current fiscal year at $3.66 billion and seeing the company making $4.07 billion in sales next year. Moreover, analysts are in estimates of $985.15 million for current-quarter revenue.

Currently, MKS Instruments Inc.’s total number of outstanding shares is 66.70M with 0.74% of that held by the insiders while 105.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.50% and return on equity (ROE) at 3.70%. It has a price to earnings ratio (P/E ratio) of 35.67 while having a 16.37 of forward P/E ratio. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 1.39 while price to sale or P/S ratio amounts to 1.76. Its return on asset (ROA) is 1.50% on average.

A filing at the U.S. Securities and Exchange Commission revealed that Victory Sycamore Established Valu came shrinking its share ownership by 13.50% in the MKS Instruments Inc. (MKSI) increasing its stake to 3.85% with control over 0.3 million shares in the company. As per SEC documents, Victory Sycamore Established Valu sought 2,565,000 of company’s common stock of worth $215.13 million as per recent closing price of the stock. Victory Sycamore Established Valu is not the only institutional holder which restructured its stake in MKS Instruments Inc., as American Funds Small Cap World Fu picked 2,367,653 shares of worth $198.58 million to bring its holdings to a total of 76267.0 shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.48% in the company and now holds 2.07 million or 3.10% of the company’s stake having worth of about 173.5 million.