MKS Instruments Reports Second Quarter 2018 Financial Results

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MKS Instruments (MKSI) PT Lowered to $120 at Deutsche Bank But Shares 'Too Cheap'

July 25, 2018 2:20 PM EDT

Deutsche Bank lowered its price target on MKS Instruments (NASDAQ: MKSI) to $120.00 (from $140.00) while maintaining a Buy rating.

Analyst Sidney Ho said while Q3 guidance was worse than expected, at 10x P/E shares are too cheap to ignore.

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MKS Instruments (MKSI) Tops Q2 EPS by 11c

July 24, 2018 4:34 PM EDT

MKS Instruments (NASDAQ: MKSI) reported Q2 EPS of $2.33, $0.11 better than the analyst estimate of $2.22. Revenue for the quarter came in at $573 million versus the consensus estimate of $568.27 million.

GUIDANCE:

MKS Instruments sees Q3 2018 EPS of $1.60-$1.86, versus the consensus of... More