15.1 C
New York
Friday, September 29, 2023

Are Things Looking Up For MKS Instruments Inc. (NASDAQ: MKSI)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for MKS Instruments Inc. (MKSI) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $100.81. The MKS Instruments Inc. has recorded 10,669 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted MKS Instruments to Participate in Citi’s 2023 Global Technology Conference.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Stocks Info

The company is listed on the NASDAQ and operates within the Scientific & Technical Instruments industry segment. At the end of the last regular session, the stock closed at $100.81 and fluctuated between $101.60 as its day high and $100.30 as its day low. The current market capitalization of MKS Instruments Inc. is $6.70B. A total of 0.25 million shares were traded on the day, compared to an average of 621.80K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MKSI has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 11,813 shares. Over the last 12 months, there were 51 BUYs and 26 SELLs from insiders. Insiders purchased 121,950 shares during that period but sold 4,056,439.

In the most recent transaction, COLELLA GERARD G sold 10,000 shares of MKSI for 100.01 per share on Aug 31. After the transaction, the Director now owns 88,017 company shares. In a previous transaction on Aug 28, Moloney Jacqueline F sold 250 shares at 95.25 per share. MKSI shares that Director owns now total 11,578.

Among the insiders who sold shares, Burke Kathleen Flaherty disposed of 11,563 shares on Aug 07 at a per-share price of $101.23. This resulted in the EVP, GC & Secretary holding 42,738 shares of MKSI after the transaction. In another insider transaction, Mora Elizabeth sold 250 shares at $108.49 per share on Jul 03. Company shares held by the Director now total 17,612.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. MKSI’s most recent ex-dividend date was 8/25/2023 when it declared a $0.22 quarterly dividend that was paid in cash on 9/8/2023. Previously, the company paid the dividend on 6/9/2023 with an ex-dividend date of 5/26/2023. The MKSI stock dividend was $0.22 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MKSI in the last 3 months, the mean price target is $113.00 with high estimates of $115.00 and low estimates of $105.00. In terms of 52-week highs and lows, MKSI has a high of $114.15 and a low of $64.77.

As of this writing, MKSI has an earnings estimate of $1.04 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.24 per share and a lower estimate of $0.98. The company reported an EPS of $0.48 in the last quarter, which was 442.90% higher than expectations of -$0.14.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MKSI’s latest balance sheet shows that the firm has $1.04B in Cash & Short Term Investments as of fiscal 2021. There were $1.03B in debt and $460.80M in liabilities at the time. Its Book Value Per Share was $37.35, while its Total Shareholder’s Equity was $2.89B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MKSI is Buy with a score of 4.57.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles