Premium multinational technology company, MKS Instruments, Inc. MKSI recently strengthened its product portfolio by launching the Cirrus(TM) 3-XD Atmospheric gas analysis arrangement in both rack-mounted and benchtop models.
The company’s Cirrus 3-XD system was previously controlled by the specialized versatile and tested software, ProcessEye Professional. The new Cirrus(TM) 3-XD Atmospheric gas analysis arrangement software would include a new methodology, ‘Multipoint Calibration’. This would help users create exact gas concentrations from raw partial pressure dimensions. The new workflow comprises simplistic calculation and implementation of normalization and sensitivity factors that are critical for appropriate gas quantification. Such quantifications are used in applications like profiling complex or simple gas mixtures and identifying traces in mass gas.
MKS Instruments provides instruments, subsystems and process-control solutions required to measure, control, power, monitor and analyze parameters in manufacturing processes. The company, holding a high brand value in the market, conducts its trade across various global economies. We believe that such new inventions would enhance the company’s top-and bottom-line figures in the upcoming quarters, and subsequently, boost investors’ confidence in the stock.
In the last reported quarter, MKS Instruments’ adjusted earnings exceeded the Zacks Consensus Estimate by 14.89%. Backed by such system up-gradation initiatives, we expect the company to beat estimates in the next earnings session as well.
Stocks to Consider
With a market capitalization of $1.82 billion, MKS Instruments currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include Kulicke and Soffa Industries, Inc. KLIC, Rudolph Technologies Inc. RTEC and Siliconware Precision Industries Co. Ltd. SPIL. All three stocks sport a Zacks Rank #1 (Strong Buy).
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