MKS Instruments, Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment offers pressure and vacuum control solutions, including direct and indirect pressure measurement; materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems, which provide customers with precise control capabilities; power delivery products, such as microwave, power delivery systems, radio frequency matching networks, and metrology products used in providing energy to etching, stripping, and deposition processes; and plasma and reactive gas products. The company's Light & Motion segment offers laser-based systems, such as amplifiers, fiber lasers, diode-pumped solid-state lasers, high-energy pulsed lasers, and tunable lasers; and photonics products comprising optical components, lens assemblies, and vibration isolation solutions, as well as instruments and motion products, such as high-precision motion stages and controls, hexapods, photonics instruments for measurement and analysis, and production equipment for test and measurement. Its Equipment & Solutions segment provides laser-based systems for printed circuit board (PCB) manufacturing, including flexible interconnect PCB processing systems and high-density interconnect solutions for rigid PCB manufacturing and substrate processing, as well as passive component multilayer ceramic capacitor testing. The company serves semiconductor, industrial technologies, life and health sciences, research, and defense markets. It markets and sells its products and services through its direct sales organization, independent distributors, and sales representatives, as well as through its websites and product catalogs. MKS Instruments, Inc. was founded in 1961 and is headquartered in Andover, Massachusetts.
IPO Year: 1999
Exchange: NASDAQ
Website: mksinst.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/10/2024 | $140.00 | Overweight | Cantor Fitzgerald |
9/3/2024 | $129.00 | Neutral | Goldman |
8/5/2024 | $155.00 | Overweight | Morgan Stanley |
7/10/2024 | $160.00 | Buy | BofA Securities |
6/20/2024 | $140.00 | Hold | Deutsche Bank |
3/1/2023 | $125.00 | Hold → Buy | The Benchmark Company |
12/20/2022 | $100.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
11/4/2022 | Buy → Hold | The Benchmark Company | |
2/23/2022 | $200.00 | Buy | Loop Capital |
1/28/2022 | $225.00 → $200.00 | Buy | Deutsche Bank |
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MKS Instruments (NASDAQ:MKSI) has outperformed the market over the past 15 years by 1.14% on an annualized basis producing an average annual return of 13.38%. Currently, MKS Instruments has a market capitalization of $8.95 billion. Buying $1000 In MKSI: If an investor had bought $1000 of MKSI stock 15 years ago, it would be worth $6,463.51 today based on a price of $133.20 for MKSI at the time of writing. MKS Instruments's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automate
U.S. stocks closed higher on Friday, with the Dow Jones index topping the key 40,000 mark during the session. The 30-stock blue-chip index gained around 1.6% last week. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust. Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga display
Keybanc analyst Steve Barger maintains MKS Instruments (NASDAQ:MKSI) with a Overweight and raises the price target from $150 to $160.
In the preceding three months, 7 analysts have released ratings for MKS Instruments (NASDAQ:MKSI), presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 1 0 0 2M Ago 1 1 0 0 0 3M Ago 2 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $150.0, along with a high estimate of $160.00 and a low estimate of $140.00. Surpassi
B of A Securities analyst Vivek Arya initiates coverage on MKS Instruments (NASDAQ:MKSI) with a Buy rating and announces Price Target of $160.
MKS Instruments (NASDAQ:MKSI) has outperformed the market over the past 20 years by 2.22% on an annualized basis producing an average annual return of 10.52%. Currently, MKS Instruments has a market capitalization of $8.83 billion. Buying $1000 In MKSI: If an investor had bought $1000 of MKSI stock 20 years ago, it would be worth $6,755.48 today based on a price of $131.42 for MKSI at the time of writing. MKS Instruments's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automate
MKS Instruments (NASDAQ:MKSI) has outperformed the market over the past 15 years by 3.63% on an annualized basis producing an average annual return of 16.38%. Currently, MKS Instruments has a market capitalization of $8.74 billion. Buying $1000 In MKSI: If an investor had bought $1000 of MKSI stock 15 years ago, it would be worth $9,394.22 today based on a price of $130.00 for MKSI at the time of writing. MKS Instruments's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automate
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Quarterly revenue of $887 million, at the high end of guidanceQuarterly GAAP net income of $23 million and net income per share of $0.33Quarterly Adjusted EBITDA of $228 million and Non-GAAP net earnings per diluted share of $1.53, exceeding the high-end of guidance ANDOVER, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today reported second quarter 2024 financial results. "Our continued execution, especially in our Semiconductor and Electronics & Packaging markets, drove strong financial results in the second quarter. Revenues of $887 million were at the high end of our guidance while Ad
ANDOVER, Mass., Aug. 06, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on September 6, 2024, to shareholders of record as of August 26, 2024. Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors. About MKS Instruments MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics an
ANDOVER, Mass., July 15, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release second quarter 2024 financial results after market close on Wednesday, August 7, 2024. A conference call with management will be held on Thursday, August 8, 2024 at 8:30 a.m. (Eastern Time). A live and archived webcast of the call will be available on the company's website at https://investor.mks.com/. To participate in the call by phone, participants should register online by clicking here, where dial in details will be provided. We encourage participants to register and dial in to the con
Quarterly revenue of $868 million, above the midpoint of guidanceQuarterly GAAP net income of $15 million and net income per share of $0.22Quarterly Adjusted EBITDA of $217 million and Non-GAAP net earnings per diluted share of $1.18, exceeding the high-end of guidance ANDOVER, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today reported first quarter 2024 financial results. "MKS delivered strong results in the first quarter despite a soft end-market demand environment," said John T.C. Lee, President and Chief Executive Officer. "With markets expected to improve later this year, we are in
ANDOVER, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on June 7, 2024, to shareholders of record as of May 28, 2024. Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors. About MKS InstrumentsMKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging
ANDOVER, Mass., April 15, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release first quarter 2024 financial results after market close on Wednesday, May 8, 2024. A conference call with management will be held on Thursday, May 9, 2024 at 8:30 a.m. (Eastern Time). A live and archived webcast of the call will be available on the company's website at https://investor.mks.com/. To participate in the call by phone, participants should register online by clicking here, where dial in details will be provided. We encourage participants to register and dial in to the conferenc
Quarterly revenue of $893 million, exceeding the high-end of guidanceQuarterly GAAP net loss of $68 million and net loss per share of $1.02, which includes goodwill and intangible asset impairmentsQuarterly Non-GAAP net earnings per diluted share of $1.17 and Adjusted EBITDA of $218 million, exceeding the high-end of guidance ANDOVER, Mass., Feb. 07, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today reported fourth quarter and full year 2023 financial results. "We closed the year on a solid note with revenue and Adjusted EBITDA exceeding the high-end of our guidance range," said John T.C. Lee, Pres
ANDOVER, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on March 8, 2024, to shareholders of record as of February 26, 2024. Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors. About MKS InstrumentsMKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and pa
ANDOVER, Mass., Jan. 23, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release fourth quarter and full year 2023 financial results after market close on Wednesday, February 7, 2024. A conference call with management will be held on Thursday, February 8, 2024 at 8:30 a.m. (Eastern Time). A live and archived webcast of the call will be available on the company's website at https://investor.mks.com/. To participate in the call by phone, participants should register online by clicking here, where dial in details will be provided. We encourage participants to register and
ANDOVER, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on December 8, 2023, to shareholders of record as of November 27, 2023. Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors. About MKS InstrumentsMKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics an
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ANDOVER, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that transform our world, today announced that Ram Mayampurath has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective October 14, 2024. He will report directly to John T.C. Lee, President and Chief Executive Officer, and will be a member of MKS' executive team. A global business leader with more than 25 years of experience in financial strategy, thought leadership, and value creation for shareholders and stakeholders, Mr. Mayampurath will join MKS from Rogers Corporation (NYSE:ROG), where he most recently served as Senior Vice P
ANDOVER, Mass., Dec. 04, 2023 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that Seth H. Bagshaw, 64, will retire as Executive Vice President, Chief Financial Officer and Treasurer, effective April 1, 2024, following a distinguished 18-year career with the Company. Mr. Bagshaw will serve as a special advisor to the Company through May 1, 2024. John T.C. Lee, President and Chief Executive Officer said, "Seth has been a valued partner in building MKS into a foundational solutions provider for the semiconductor, electronics and packaging and specialty industrial markets. His focus on financial
Richard Fleming stepping down as Board Chair and retiring from the Board at the end of his current term following 24 years of service Gerald Colella, current independent director, appointed as successor for Chair of the Board Kathryn Roedel, current independent director and immediate past Chair of the Nominating and Governance Committee, appointed to new role as Lead Director Columbus McKinnon Corporation (the "Company")(NASDAQ:CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced that Richard Fleming has stepped down from his role as Chairman of the Board at the conclusion of the Company's fiscal year which end
Raj Batra, President of Siemens' Digital Industries US, Brings 20+ Years of Industrial Experience Leslie C. G. Campbell to Assume Role as Chair of the Board Shapeways, Inc. (NYSE:SHPW) ("Shapeways") a leader in the large and fast-growing digital manufacturing industry, announced today that Raj Batra has been appointed to the Company's Board of Directors ("Board") as an independent director, subject to the receipt of all applicable regulatory approvals. With 20+ years of experience in industrial automation and digitalization, Mr. Batra currently serves as President of Digital Industries (DI) for Siemens USA, where he guides the DI strategy and engagement and oversees all sales, marketing,
Cognex Corporation (NASDAQ:CGNX) today announced the appointment of Dr. John T.C. Lee, President and Chief Executive Officer of MKS Instruments, Inc., to Cognex's Board of Directors, effective immediately. Dr. Lee will serve on the Audit Committee and Compensation/Stock Option Committee. "We are pleased to welcome John to our board," said Anthony Sun, Chairman of Cognex. "His executive perspective leading a large international technology company and extensive operating experience will strengthen our board. We look forward to his contributions in the years ahead." Dr. Lee has been Chief Executive Officer and has served on the board of directors of MKS Instruments, Inc. (NASDAQ:MKSI), a glo
Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced the appointments to its Board of Directors of Gerald Colella, retired President and CEO and current Chair of MKS Instruments, Inc. and Chad Abraham, Chair and CEO of Piper Sandler. The appointments are effective November 11, 2021. Richard H. Fleming, Chair of the Columbus McKinnon Board of Directors, commented, "We couldn't be more excited about the addition of Jerry and Chad, both experienced CEOs, to our Board of Directors. Jerry's deep industrial technology experience combined with his track record of expanding MKS Instruments
Seasoned Corporate Environmental Social and Governance ("ESG") Professional Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced the appointment of Elizabeth (Beth) Mora to the Company's Board of Directors. Following the appointment of Ms. Mora, the Board will be comprised of 11 directors, nine of whom are independent. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211027005021/en/Elizabeth Mora (Photo: Business Wire) Limoneira Chairman of the Board, Gordon K
JERUSALEM, June 28, 2021 /PRNewswire/ -- Teramount, the Silicon Photonics optical coupling device vendor, today announced the appointment of Ilan Haber as Vice President of Product. In this role Ilan will be responsible for the direction of the company's product roadmap as well as overseeing product management. He will also work closely with Teramount's engineering team to address customer inputs and help them solve business problems. Ilan brings more than 20 years of expertise in managing product strategy and marketing in high-technology organizations. Most recently, Haber held the role of senior director of R&D and Marketing for MKS Instruments (NASDAQ:MKSI). Prior to his role at MKS Instr
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ANDOVER, Mass., Sept. 10, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that transform our world, today announced that MKS President and Chief Executive Officer John T.C. Lee, will be honored as a Pinnacle Award winner, the highest honor given at the 2024 Outstanding 50 Asian Americans in Business gala to be held in New York City on September 18. This marks the 23rd year of the Asian American Business Development Center (AABDC) recognizing excellence in corporate professionals and entrepreneurs. Dr. Lee will be honored as one of two Pinnacle Award winners along with Karthik Narain, Accenture Group Chief Executive of Technology and Chief Tec
ANDOVER, Mass., Aug. 21, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that transform our world, announced today that John T.C. Lee, President and Chief Executive Officer, will participate in a fireside chat at Citi's 2024 Global TMT Conference on Wednesday, September 4, 2024 at 8:20 a.m. EDT. A live webcast of the session will be available in the Investor Relations section of the company's website at https://investor.mksinst.com/events-and-presentations and a replay of the event will be available for a limited time thereafter. About MKS InstrumentsMKS Instruments enables technologies that transform our world. We deliver foundational tech
ANDOVER, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that transform our world, today announced that Ram Mayampurath has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective October 14, 2024. He will report directly to John T.C. Lee, President and Chief Executive Officer, and will be a member of MKS' executive team. A global business leader with more than 25 years of experience in financial strategy, thought leadership, and value creation for shareholders and stakeholders, Mr. Mayampurath will join MKS from Rogers Corporation (NYSE:ROG), where he most recently served as Senior Vice P
Quarterly revenue of $887 million, at the high end of guidanceQuarterly GAAP net income of $23 million and net income per share of $0.33Quarterly Adjusted EBITDA of $228 million and Non-GAAP net earnings per diluted share of $1.53, exceeding the high-end of guidance ANDOVER, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today reported second quarter 2024 financial results. "Our continued execution, especially in our Semiconductor and Electronics & Packaging markets, drove strong financial results in the second quarter. Revenues of $887 million were at the high end of our guidance while Ad
ANDOVER, Mass., Aug. 06, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on September 6, 2024, to shareholders of record as of August 26, 2024. Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors. About MKS Instruments MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics an
ANDOVER, Mass., July 29, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI) (MKS), a global provider of enabling technologies that transform our world, today released its 2024 Environmental, Social, Governance (ESG) Report, which highlights MKS' continued commitment to ESG issues. "At MKS, we recognize the importance of operating our business in a responsible manner," said John T.C. Lee, President and Chief Executive Officer of MKS. "This report serves as a testament to our progress, achievements, and ongoing efforts to integrate sustainability holistically into our business." The report details the progress MKS has made toward the achievement of its key ESG objectives. Highlig
ANDOVER, Mass., July 23, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, announced today that it successfully completed the repricing of its $2.6 billion and €0.8 billion secured tranche B term loans maturing in 2029. The repricing results in a reduction of the interest rate for the USD tranche B term loans from SOFR plus a margin of 250 basis points to SOFR plus 225 basis points and EUR tranche B term loans from EURIBOR plus a margin of 300 basis points to EURIBOR plus 275 basis points. In addition, immediately prior to the repricing, MKS made a voluntary prepayment of $110 million on its secured tranche B
ANDOVER, Mass., July 15, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release second quarter 2024 financial results after market close on Wednesday, August 7, 2024. A conference call with management will be held on Thursday, August 8, 2024 at 8:30 a.m. (Eastern Time). A live and archived webcast of the call will be available on the company's website at https://investor.mks.com/. To participate in the call by phone, participants should register online by clicking here, where dial in details will be provided. We encourage participants to register and dial in to the con
ANDOVER, Mass., June 18, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that transform our world, was again recognized by U.S. News & World Report as one of the 2024-2025 Best Companies to Work For. MKS was rated as a top company in the Manufacturing category based on factors contributing to job seekers' decision-making when choosing a workplace that best meets their needs. "We are thrilled to receive this important recognition for a second straight year," said John T.C. Lee, President and Chief Executive Officer at MKS. "We recognize that our success rests on our ability to attract and retain some of the most talented people in our industr
ANDOVER, Mass. and KUALA LUMPUR, Malaysia, June 10, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of enabling technologies that transform our world, today announced that it is set to build a Super Center factory in Penang, Malaysia to support wafer fabrication equipment production in the region and globally. The development plan is to construct the new facility in three phases, with groundbreaking expected to commence in early 2025. YAB Tuan Chow Kon Yeow, Chief Minister of Penang, stated, "Often lauded for its well-developed industrial ecosystem, Penang has the capacities and capabilities to support the needs of industrial players in next-generation tech
Cantor Fitzgerald initiated coverage of MKS Instruments with a rating of Overweight and set a new price target of $140.00
Goldman initiated coverage of MKS Instruments with a rating of Neutral and set a new price target of $129.00
Morgan Stanley initiated coverage of MKS Instruments with a rating of Overweight and set a new price target of $155.00
BofA Securities initiated coverage of MKS Instruments with a rating of Buy and set a new price target of $160.00
Deutsche Bank resumed coverage of MKS Instruments with a rating of Hold and set a new price target of $140.00
The Benchmark Company upgraded MKS Instruments from Hold to Buy and set a new price target of $125.00
KeyBanc Capital Markets upgraded MKS Instruments from Sector Weight to Overweight and set a new price target of $100.00
The Benchmark Company downgraded MKS Instruments from Buy to Hold
Loop Capital initiated coverage of MKS Instruments with a rating of Buy and set a new price target of $200.00
Deutsche Bank reiterated coverage of MKS Instruments with a rating of Buy and set a new price target of $200.00 from $225.00 previously