MKS Instruments Inc. (NASDAQ:MKSI) shares fell to a low of $180.755 before closing at $188.06. Intraday shares traded counted 0.33 million, which was 17.95% higher than its 30-day average trading volume of 398.15K. MKSI’s previous close was $182.28 while the outstanding shares total 55.30M. The firm has a beta of 1.56, a 12-month trailing P/E ratio of 25.84, and a growth ratio of 1.84. The stock’s Relative Strength Index (RSI) is 57.78, with weekly volatility at 4.38% and ATR at 7.24. The MKSI stock’s 52-week price range has touched low of $98.19 and a $199.44 high. The stock traded higher over the last trading session, gaining 3.17% on 05/20/21.
Investors have identified the Scientific & Technical Instruments company MKS Instruments Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.96 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
MKS Instruments Inc. (MKSI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For MKSI, the company has in raw cash 699.8 million on their books with 9.3 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.92 billion total, with 371.9 million as their total liabilities.
MKSI were able to record 100.4 million as free cash flow during the 07/27/2021 quarter of the year, this saw their quarterly net cash flow reduce by 91.5 million. In cash movements, the company had a total of 126.9 million as operating cash flow.
Potential earnings growth for MKS Instruments Inc. (MKSI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/27/2021 quarter of the year, MKS Instruments Inc. recorded a total of 693.9 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 22.8% coming in sequential stages and their sales for the 07/27/2021 quarter increasing by 4.86%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 371.8 million trying to sell their products during the last quarter, with the result yielding a gross income of 322.1 million. This allows shareholders to hold on to 55.30M with the recently reported earning now reading 2.21 cents per share. This is a figure that compared to analyst’s prediction for their 07/27/2021 (2.56 cents a share).
Having a look at the company’s valuation, the company is expected to record 12.37 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on MKSI sounds very interesting.
Is the stock of MKSI attractive?
In related news, SVP & GM, L&M Division, Gitin Mark Milton sold 1,301 shares of the company’s stock in a transaction that recorded on Apr 30. The sale was performed at an average price of 181.79, for a total value of 236,509. As the sale deal closes, the SVP & GM, V&A Division, Taranto Eric Robert now sold 1,788 shares of the company’s stock, valued at 331,304. Also, Sr. VP, CFO & Treasurer, BAGSHAW SETH H sold 9,000 shares of the company’s stock in a deal that was recorded on Apr 15. The shares were price at an average price of 186.86 per share, with a total market value of 1,681,710. Following this completion of acquisition, the Director, Mora Elizabeth now holds 450 shares of the company’s stock, valued at 75,600. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
7 out of 10 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on MKS Instruments Inc.. 0 analysts has assigned a Sell rating on the MKSI stock. The 12-month mean consensus price target for the company’s shares has been set at $230.90.