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MKS Instruments (MKSI) Surges 5.6%: Is This an Indication of Further Gains?
ZACKS· 2024-08-01 18:42
MKS Instruments (MKSI) shares ended the last trading session 5.6% higher at $125.90. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.1% loss over the past four weeks. MKS Instruments is benefiting from strong portfolio and prudent cost control. It is gaining from the growing adoption of its solutions which are used in the majority of the steps needed to manufacture a semiconductor chip. This maker of analysis an ...
Here is Why Growth Investors Should Buy MKS Instruments (MKSI) Now
ZACKS· 2024-08-01 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the hel ...
MKS Instruments Releases 2024 Environmental, Social, Governance Report
Newsfilter· 2024-07-29 13:00
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. The report details the progress MKS has made toward the achievement of its key ESG objectives. Highlights include: The Report is available to view here and includes relevant disclosures related to The Sustainability Acc ...
MKS Instruments Releases 2024 Environmental, Social, Governance Report
GlobeNewswire News Room· 2024-07-29 13:00
ESG Commitments and Progress - The company has committed to reducing its combined Scope 1 and 2 emissions by 42% by 2030 from its 2022 baseline, aligning with the Science Based Targets Initiative (SBTi) criteria [5] - The company is developing its consolidated Scope 3 emissions inventory with the goal of setting SBTi-aligned Scope 3 emissions targets, which will be submitted to SBTi for validation [5] - The company has expanded its sustainable product portfolio with innovative solutions and established a dedicated team to quantify the carbon footprints of its products and processes [5] Employee Engagement and Recognition - The company conducted its third annual global employee engagement survey, which included participation from Atotech employees post-acquisition [5] - The company launched its inaugural Employee Resource Group, Women@MKS, highlighting its focus on employee experience [5] - The company received external recognition for its sustainability efforts and responsible business practices from MSCI, Sustainalytics, and Newsweek and Statista [5] Business Overview and Technology Solutions - The company provides foundational technology solutions to leading-edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications [6] - The company's solutions improve process performance, optimize productivity, and enable unique innovations for many of the world's leading technology and industrial companies [6] - The company's solutions address challenges in advanced device manufacturing, such as miniaturization and complexity, by enabling increased power, speed, feature enhancement, and optimized connectivity [6] Reporting and Disclosures - The company's ESG Report includes relevant disclosures related to the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD) standards [7]
Will MKS Instruments (MKSI) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-23 17:10
When looking at the last two reports, this maker of analysis and processing equipment for semiconductor companies has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 44.40%, on average, in the last two quarters. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks tha ...
MKS Instruments Completes Repricing and Makes a $110 Million Voluntary Prepayment on its Secured Term Loan B
GlobeNewswire News Room· 2024-07-23 13:00
Core Viewpoint - MKS Instruments, Inc. successfully completed the repricing of its secured tranche B term loans, resulting in reduced interest rates and significant cash interest savings [1][2][3]. Group 1: Loan Repricing Details - The company repriced $2.6 billion and €0.8 billion secured tranche B term loans maturing in 2029, lowering the interest rate for USD loans from SOFR plus 250 basis points to SOFR plus 225 basis points, and for EUR loans from EURIBOR plus 300 basis points to EURIBOR plus 275 basis points [1]. - A voluntary prepayment of $110 million was made on the secured tranche B term loans, consisting of $69 million for the USD Term Loan B and €38 million for the EUR Term Loan B [2]. Group 2: Financial Impact - The combined actions of repricing and prepayment are expected to yield annualized cash interest savings of approximately $17 million based on current interest rates [2]. Group 3: Company Strategy and Leadership - The actions taken are in line with the company's strategy to proactively seek opportunities to reduce costs and maximize free cash flow for debt repayment, as stated by the President and CEO, John T.C. Lee [3]. Group 4: Financial Institutions Involved - JPMorgan Chase, Barclays, BofA Securities, Citibank, N.A., HSBC Securities (USA) Inc., Mizuho, Morgan Stanley Senior Funding, Inc., and PNC Capital Markets LLC acted as joint lead arrangers and joint bookrunners for the tranche B term loan repricing [4]. Group 5: Company Overview - MKS Instruments provides enabling technologies for semiconductor manufacturing, electronics, and specialty industrial applications, focusing on improving process performance and productivity [5].
Why MKS Instruments (MKSI) is a Top Growth Stock for the Long-Term
ZACKS· 2024-07-19 14:46
Zacks Premium includes access to the Zacks Style Scores as well. Value Score The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the researc ...
MKSI vs. ENTG: Which Stock Is the Better Value Option?
ZACKS· 2024-07-18 16:40
Core Viewpoint - MKS Instruments (MKSI) is currently viewed as a more attractive investment option compared to Entegris (ENTG) based on various valuation metrics and analyst outlooks [1][9]. Valuation Metrics - MKSI has a forward P/E ratio of 26.64, while ENTG has a higher forward P/E of 41.13 [4]. - MKSI's PEG ratio is 1.37, indicating a better valuation relative to its expected earnings growth compared to ENTG's PEG ratio of 1.52 [4]. - MKSI has a P/B ratio of 3.67, significantly lower than ENTG's P/B ratio of 5.88, suggesting MKSI is undervalued relative to its book value [8]. Analyst Ratings - MKSI holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while ENTG has a Zacks Rank of 4 (Sell) [6]. - The improving earnings outlook for MKSI enhances its attractiveness in the investment landscape [9]. Value Grades - MKSI has been assigned a Value grade of B, whereas ENTG has a Value grade of D, reflecting MKSI's stronger position in terms of value metrics [5].
Looking for a Growth Stock? 3 Reasons Why MKS Instruments (MKSI) is a Solid Choice
ZACKS· 2024-07-16 17:45
Here are three of the most important factors that make the stock of this maker of analysis and processing equipment for semiconductor companies a great growth pick right now. Cash Flow Growth Beyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. You can see the complete list of today's ...
Are You Looking for a Top Momentum Pick? Why MKS Instruments (MKSI) is a Great Choice
ZACKS· 2024-07-16 17:00
Company Overview - MKS Instruments (MKSI) currently holds a Zacks Rank of 2 (Buy) and a Momentum Style Score of B, indicating strong potential for performance in the near term [2][12] - The company specializes in analysis and processing equipment for semiconductor companies, positioning it well within the electronics manufacturing machinery industry [7] Performance Metrics - MKSI shares have increased by 30.02% over the past quarter and 31.01% over the last year, significantly outperforming the S&P 500, which has moved 11.69% and 26.6% respectively during the same periods [9] - Over the past week, MKSI shares rose by 7.05%, while the Zacks Electronics - Manufacturing Machinery industry saw a 5.05% increase [8] Trading Volume - The average 20-day trading volume for MKSI is 846,678 shares, which serves as a baseline for price-to-volume analysis; a rising stock with above-average volume is generally considered bullish [4] Earnings Estimates - In the last 60 days, MKSI's consensus earnings estimate has increased from $4.49 to $4.98, with one upward revision and one downward revision noted for the current fiscal year [11] - For the next fiscal year, there has also been one upward and one downward revision in earnings estimates [11] Investment Strategy - Momentum investing focuses on following a stock's recent price trends, with the goal of capitalizing on established price movements; MKSI's current performance aligns with this strategy [5][6]