Overweight-rated companies that are focused on ‘operational efficiency’ – MS
Seeking Alpha News (Tue, 19-Nov 2:16 PM ET)
Positive Outlook for MKS Instruments with Strategic Growth in AI and Geographic Diversification
TipRanks (Mon, 18-Nov 7:15 AM ET)
MKS Instruments Reports Third Quarter 2024 Financial Results
Globe Newswire (Wed, 6-Nov 4:30 PM ET)
MKS Instruments Announces Appointment of Wissam Jabre to its Board of Directors
Globe Newswire (Tue, 5-Nov 9:00 AM ET)
MKS Instruments Declares Quarterly Cash Dividend
Globe Newswire (Tue, 5-Nov 9:00 AM ET)
MKS Instruments Breaks Ground on Super Center Factory in Malaysia
Globe Newswire (Thu, 24-Oct 4:00 AM ET)
MKS Instruments Announces Third Quarter 2024 Earnings Conference Call
Globe Newswire (Mon, 14-Oct 8:00 AM ET)
Globe Newswire (Tue, 10-Sep 9:00 AM ET)
MKS Instruments to Participate in Citi's 2024 Global TMT Conference
Globe Newswire (Wed, 21-Aug 9:00 AM ET)
MKS Instruments Inc is engaged in providing instruments, subsystems, and process control systems used to measure, monitor, deliver, and control parameters of manufacturing processes. The company's product portfolio includes instruments, components, and systems required in manufacturing products such as flat panel displays, medical devices, and electronic materials, among others used in industrial technologies, semiconductors, life and health sciences, and research and defense markets. The company organizes itself into three reportable business segments: Vacuum Solutions, Photonics Solutions, and Materials Solutions. The Vacuum Solutions segment contributes the majority of the company's revenue, and the majority of its revenue is earned in the United States.
MKS Instruments trades on the NASDAQ stock market under the symbol MKSI.
As of November 21, 2024, MKSI stock price climbed to $113.71 with 794,953 million shares trading.
MKSI has a beta of 3.16, meaning it tends to be more sensitive to market movements. MKSI has a correlation of 0.67 to the broad based SPY ETF.
MKSI has a market cap of $7.64 billion. This is considered a Mid Cap stock.
Last quarter MKS Instruments reported $896 million in Revenue and $1.72 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.27.
In the last 3 years, MKSI traded as high as $181.03 and as low as $63.44.
The top ETF exchange traded funds that MKSI belongs to (by Net Assets): IJH, VTI, VB, VBR, SOXX.
MKSI has outperformed the market in the last year with a price return of +48.1% while the SPY ETF gained +32.2%. However, in the short term, MKSI had mixed performance relative to the market. It has underperformed in the last 3 months, returning -2.7% vs +6.6% return in SPY. But in the last 2 weeks, MKSI shares have fared better than the market returning +10.1% compared to SPY +0.4%.
MKSI support price is $105.97 and resistance is $110.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MKSI shares will trade within this expected range on the day.