
MKS Instruments (MKSI) Stock Forecast & Price Target
MKS Instruments (MKSI) Analyst Ratings
Bulls say
MKS Inc. has demonstrated a strong financial performance in the second quarter, with Electronics & Packaging revenues rising to $266 million, representing a 5% quarter-over-quarter increase and a 16% year-over-year growth, aligning with the upper guidance range. The Semiconductor segment showed robust performance as well, with revenues reaching $432 million, up 5% sequentially and 17% year-over-year, driven by normalized customer inventories and strong demand for upgrades and vacuum products. Furthermore, the company reported an increase in free cash flow to $136 million for the quarter, contributing to a significant overall cash position of $674 million by the end of June, reinforcing a positive outlook on MKS's financial health.
Bears say
MKS Inc shows concerning financial metrics, including a net debt to pro forma trailing twelve months (TTM) EBITDA ratio of 4.0x at the end of Q2, which indicates a high level of leverage and potential liquidity issues. Furthermore, the Specialty Industrial segment, which accounts for 28% of revenues, experienced a year-over-year decline of 6% when adjusted for foreign exchange and palladium price fluctuations, suggesting waning demand in that crucial area. Additionally, external risks such as an anticipated slowdown in global economic activity, weaker market conditions in the wafer fabrication equipment sector, and increased competition further compound the company's negative outlook.
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
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