
MKS Instruments (MKSI) Stock Forecast & Price Target
MKS Instruments (MKSI) Analyst Ratings
Bulls say
MKS Instruments, Inc. demonstrated robust financial performance with an 8% year-over-year revenue growth, significantly driven by the semiconductor segment, which accounted for 44% of revenues in Q1 and Q2, recording impressive increases of 20% year-over-year in constant currency and exceeding guidance in both quarters. The Electronics & Packaging segment also showed strong growth, with a 5% quarter-over-quarter increase and a 16% year-over-year rise, highlighting demand for chemistry and equipment solutions. Furthermore, the company saw a notable improvement in gross margins, expanding by 20 basis points quarter-over-quarter to 47.4%, surpassing initial estimates and indicating operational efficiency alongside revenue growth.
Bears say
MKS Inc. experienced a decline in Specialty Industrial revenues, totaling $270 million, which represents a 4% quarter-over-quarter decrease and an 11% year-over-year decline when excluding foreign exchange and palladium price impacts. The company's net debt to pro forma TTM EBITDA ratio stood at 4.0x at the end of Q2, indicating a substantial leverage position, although it improved slightly from 4.2x at the end of March. Guidance for Q2 revenue reflects a growth forecast of only 4% year-over-year, notably below consensus expectations, highlighting challenges in key markets, particularly automotive, and suggesting ongoing weakness in demand across various segments.
This aggregate rating is based on analysts' research of MKS Instruments and is not a guaranteed prediction by Public.com or investment advice.
MKS Instruments (MKSI) Analyst Forecast & Price Prediction
Start investing in MKS Instruments (MKSI)
Order type
Buy in
Order amount
Est. shares
0 shares