Will stock surge before Earnings results? MKS Instruments (NASDAQ:MKSI)

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Earnings results for MKS Instruments (NASDAQ:MKSI)

MKS Instruments, Inc. is expected* to report earnings on 10/27/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.76. The reported EPS for the same quarter last year was $1.12.

MKS Instruments last issued its earnings data on July 29th, 2020. The scientific and technical instruments company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.44. The company earned $544.30 million during the quarter, compared to analyst estimates of $491.83 million. Its revenue was up 14.8% on a year-over-year basis. MKS Instruments has generated $4.52 earnings per share over the last year and currently has a price-to-earnings ratio of 26.2. MKS Instruments has confirmed that its next quarterly earnings report will be published on Tuesday, October 27th, 2020.

Analyst Opinion on MKS Instruments (NASDAQ:MKSI)

10 Wall Street analysts have issued ratings and price targets for MKS Instruments in the last 12 months. Their average twelve-month price target is $140.67, predicting that the stock has a possible upside of 27.73%. The high price target for MKSI is $185.00 and the low price target for MKSI is $115.00. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of “Buy.”

MKS Instruments has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $140.67, MKS Instruments has a forecasted upside of 27.7% from its current price of $110.13. MKS Instruments has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: MKS Instruments (NASDAQ:MKSI)

MKS Instruments has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends. MKS Instruments does not have a long track record of dividend growth. The dividend payout ratio of MKS Instruments is 17.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKS Instruments will have a dividend payout ratio of 9.83% next year. This indicates that MKS Instruments will be able to sustain or increase its dividend.

Insiders buying/selling: MKS Instruments (NASDAQ:MKSI)

In the past three months, MKS Instruments insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $824,346.00 in company stock. Only 1.10% of the stock of MKS Instruments is held by insiders. 94.70% of the stock of MKS Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of MKS Instruments (NASDAQ:MKSI

Earnings for MKS Instruments are expected to grow by 23.90% in the coming year, from $6.57 to $8.14 per share. The P/E ratio of MKS Instruments is 26.16, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.34. The P/E ratio of MKS Instruments is 26.16, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 64.99. MKS Instruments has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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