MKS Instruments(MKSI)

Search documents
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]
Why MKS Instruments (MKSI) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-06-19 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features 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, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Devel ...
MKS Instruments Named in U.S. News & World Report's 2024-2025 Best Companies to Work For
Newsfilter· 2024-06-18 13:00
"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 industry. To that end, we work to create an environment and culture in which individuals are valued and supported so they can reach their full potential. We are proud that U.S. News has again recognized our efforts, which speaks to our long-term co ...
MKS Instruments Set to Build a Super Center Factory in Malaysia
Newsfilter· 2024-06-10 13:00
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 nextgeneration technologies and growth strategies. Aligning with Penang's ambition to move up the global semiconductor value chain, MKS Instruments unlocks opportunities in semiconductor manufacturing, which creates more high-value job opportunities for the local workforce. I am delighted that MKS Instrum ...
MKS Instruments (MKSI) Up 1.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-06-07 16:36
A month has gone by since the last earnings report for MKS Instruments (MKSI) . Shares have added about 1.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is MKS Instruments due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. MKS Instruments Q1 Earnings Top Estimates, ...
MKS Instruments Announces Closing of Private Offering of $1.4 Billion of 1.25% Convertible Senior Notes, Including Full Exercise of Option to Purchase $200 Million of Additional Notes
globenewswire.com· 2024-05-16 20:15
Core Viewpoint - MKS Instruments, Inc. has successfully closed an offering of $1.4 billion in convertible senior notes, with net proceeds of approximately $1,374.2 million intended for debt repayment and general corporate purposes [1][2]. Group 1: Offering Details - The offering consisted of $1.4 billion aggregate principal amount of 1.25% convertible senior notes due 2030, with net proceeds after discounts and expenses amounting to approximately $1,374.2 million [1]. - MKS utilized about $167.4 million of the net proceeds to cover costs associated with capped call transactions, while the remaining $1,206.0 million will be used to repay borrowings under its First Lien USD tranche B term loan [2]. Group 2: Notes Characteristics - The notes are unsecured, bearing an interest rate of 1.25% per annum, with interest payable semi-annually starting December 1, 2024, and maturing on June 1, 2030 [3]. - The initial conversion rate is set at 6.4799 shares of MKS common stock per $1,000 principal amount of notes, equating to a conversion price of approximately $154.32 per share, which is a 30% premium over the last reported sale price of $118.71 on May 13, 2024 [4]. - MKS has the option to redeem the notes for cash starting June 5, 2027, under specific conditions related to the stock price [3]. Group 3: Conversion and Repurchase Terms - Upon conversion, MKS will pay cash up to the principal amount of the notes and may pay the remainder in cash, shares, or a combination thereof [5]. - Holders can require MKS to repurchase their notes at a fundamental change repurchase price equal to 100% of the principal amount plus accrued interest if a fundamental change occurs before maturity [6]. Group 4: Capped Call Transactions - MKS has entered into capped call transactions to mitigate potential dilution of its common stock upon conversion of the notes, with an initial cap price of $237.42 per share, representing a 100% premium over the last reported sale price [7]. - The option counterparties may engage in derivative transactions and purchase shares of MKS common stock, which could influence the market price of the stock and the notes [8][9].
MKS Instruments Announces Closing of Private Offering of $1.4 Billion of 1.25% Convertible Senior Notes, Including Full Exercise of Option to Purchase $200 Million of Additional Notes
Newsfilter· 2024-05-16 20:15
Core Viewpoint - MKS Instruments, Inc. has successfully closed an offering of $1.4 billion in convertible senior notes, with net proceeds of approximately $1,374.2 million intended for debt repayment and general corporate purposes [1][2]. Group 1: Offering Details - The offering consisted of $1.4 billion aggregate principal amount of 1.25% convertible senior notes due 2030, with net proceeds after discounts and expenses being approximately $1,374.2 million [1]. - MKS utilized about $167.4 million of the net proceeds to cover costs associated with capped call transactions, while the remaining $1,206.0 million will be used to repay borrowings under its First Lien USD tranche B term loan [2]. - The notes are unsecured, bearing an interest rate of 1.25% per annum, with semi-annual payments starting December 1, 2024, and maturing on June 1, 2030 [3]. Group 2: Conversion and Redemption Terms - The initial conversion rate for the notes is set at 6.4799 shares of MKS common stock per $1,000 principal amount, equating to a conversion price of approximately $154.32 per share, representing a 30% premium over the last reported sale price of $118.71 [4]. - Noteholders can convert their notes under specific conditions prior to March 1, 2030, and thereafter at any time until two trading days before maturity [5]. - In the event of a fundamental change, holders may require MKS to repurchase their notes at a price equal to 100% of the principal amount plus any accrued interest [6]. Group 3: Capped Call Transactions - MKS has entered into capped call transactions to mitigate potential dilution of its common stock upon conversion of the notes, with an initial cap price of $237.42 per share, a 100% premium over the last reported sale price [7]. - The option counterparties are expected to engage in derivative transactions and purchase shares of MKS common stock, which may influence the market price of the stock and the notes [8][9].
MKS Instruments Announces Pricing of Upsized Private Offering of $1.2 Billion of 1.25% Convertible Senior Notes
Newsfilter· 2024-05-14 03:01
ANDOVER, Mass., May 13, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI) ("MKS") today announced the pricing of its offering of $1.2 billion aggregate principal amount of 1.25% convertible senior notes due 2030 (the "notes"). The notes will be offered and sold in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). MKS also granted to the initial purch ...
MKS Instruments Announces Proposed Private Offering of $1.0 Billion of Convertible Senior Notes
Newsfilter· 2024-05-13 10:37
ANDOVER, Mass., May 13, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI) ("MKS") today announced that it intends to offer, subject to market and other conditions, $1.0 billion aggregate principal amount of convertible senior notes due 2030 (the "notes") in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). MKS also expects to grant to the initial pur ...