Citigroup has recently reduced MKS Instruments Inc (MKSI) stock to Neutral rating, as announced on September 16, 2024, according to Finviz. Earlier, on September 10, 2024, Cantor Fitzgerald had initiated the stock to Overweight, setting a price target of $140. Goldman also initiated Neutral rating with a price target of $129. Additionally, Morgan Stanley initiated Overweight rating on August 5, 2024, with a target price of $155. BofA Securities analysts, in their report published on July 10, 2024, also initiated Buy rating and set a price target of $160 for MKS Instruments Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
MKS Instruments Inc (MKSI) Stock Trading Recap
On Wednesday, MKS Instruments Inc (MKSI) stock saw a decline, ending the day at $103.48 which represents a decrease of $-0.49 or -0.47% from the prior close of $103.97. The stock opened at $106.2 and touched a low of $103.31 during the day, reaching a high of $106.2. The volume of shares traded was 0.94 million exceeding the average volume of 0.93 million.
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MKSI Stock Performance and Moving Averages
In recent trading, MKS Instruments Inc (MKSI) stock price has shown some volatility, fluctuating -5.02% over the last five trades and -5.15% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -9.86%, and it has plunged by -19.67% in the previous three months. Currently, MKSI is trading at -4.36%, -6.74%, and -13.49% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, MKSI, a Technology sector stock, is trading -29.80% below its 52-week high but remains 63.11% above its 52-week low. The Average True Range (ATR) (14 days) of 4.32 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
MKS Instruments Inc’s Profitability and Valuation Ratios
MKS Instruments Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 13.18% and a profit margin of 0.25%, with a gross margin of -9.86%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, MKS Instruments Inc’s market capitalization stands at $6.96 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 807.81, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 13.77. Additionally, the Price-to-Sales Ratio is 1.95, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 3.12, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.55% of MKS Instruments Inc (MKSI)’s shares, while financial institutions hold 101.72%.
Notable insider trades include Williams John Edward, EVP & GM, PSD at MKS Instruments Inc (MKSI), who sold 1800 shares on Aug 16 ’24, at $118.71 each, totaling $0.21 million. On Mar 01 ’24, Burke Kathleen Flaherty, EVP, GC & Secretary, sold 7411 shares for $122.89 each, amounting to $0.91 million. Additionally, on Feb 22 ’24, BAGSHAW SETH H sold 32865 shares at $123.28 each, generating $4.05 million.
