MKS Instruments (MKSI, Financial) experienced a significant stock price increase of 5%, reaching $113.77 per share with a trading volume of 211,287 shares and a turnover rate of 0.31%. The stock's price fluctuation was recorded at 4.27%.
In its recent financial report, MKS Instruments reported a revenue of $896 million, a net profit of $62 million, and an earnings per share (EPS) of $0.92. The company's gross profit stood at $364 million, with a high price-to-earnings (P/E) ratio of 247.33. Analysts' ratings show that of the 14 institutions covering the stock, 64% recommend buying, while 36% suggest holding, with no sell recommendations.
Within the technology instruments sector, the overall increase was 2.55%. Notable performers in the sector included Blacksky Technology Inc., Ituran Location and Control, and Focus Universal Inc., which saw significant gains. Active stocks included Saverone 2014 Ltd and Sobr Safe, Inc., with turnover rates of 9.30%, 3.46%, and 1.41%, respectively. Stocks with notable price fluctuations were Saverone 2014 Ltd, Blacksky Technology Inc., and Energous Corporation, with amplitudes of 15.04%, 11.37%, and 9.20%.
MKS Instruments specializes in providing instruments, subsystems, and process control systems for measuring, monitoring, and controlling manufacturing process parameters. Its product range supports industries such as flat panel display manufacturing, medical devices, and electronic materials, with significant contributions from sectors like industrial technology, semiconductors, life and health sciences, research, and defense. The company operates through three main segments: Vacuum Solutions, Photonics Solutions, and Materials Solutions, with the majority of its revenue generated in the United States.
