News coverage about Brooks Automation (NASDAQ:BRKS) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Brooks Automation earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 46.7895976938407 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Analysts Anticipate Brooks Automation, Inc (BRKS) Will Post Quarterly Sales of $205.33 Million (americanbankingnews.com)
- Brooks Automation Names Michael Rosenblatt, M.D. to its Board of Directors (finance.yahoo.com)
- Brokerages Anticipate Brooks Automation, Inc (BRKS) to Post $0.38 Earnings Per Share (americanbankingnews.com)
- B. Riley Raises Brooks Automation (BRKS) Price Target to $50.00 (americanbankingnews.com)
- Brooks Automation Inc. (BRKS) PT Raised to $50 at B.Riley/FBR (streetinsider.com)
A number of equities research analysts have recently issued reports on BRKS shares. BidaskClub cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Saturday, August 18th. ValuEngine cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Citigroup boosted their price objective on Brooks Automation from $31.00 to $37.00 and gave the stock a “buy” rating in a report on Friday, July 13th. Stephens restated a “buy” rating and set a $35.00 price objective on shares of Brooks Automation in a report on Tuesday, August 7th. Finally, Janney Montgomery Scott restated a “buy” rating and set a $56.00 price objective (up previously from $40.00) on shares of Brooks Automation in a report on Tuesday, August 28th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $39.14.
Shares of NASDAQ:BRKS opened at $38.87 on Thursday. Brooks Automation has a 12-month low of $21.75 and a 12-month high of $39.75. The company has a market cap of $2.78 billion, a PE ratio of 31.35 and a beta of 1.03. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.29 and a quick ratio of 2.48.
Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Monday, August 6th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. Brooks Automation had a return on equity of 16.28% and a net margin of 15.40%. The company had revenue of $223.48 million during the quarter, compared to analysts’ expectations of $218.98 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The business’s revenue was up 23.0% on a year-over-year basis. sell-side analysts predict that Brooks Automation will post 1.55 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 7th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Thursday, September 6th. Brooks Automation’s dividend payout ratio is presently 32.26%.
In other news, VP Jason Joseph sold 15,609 shares of Brooks Automation stock in a transaction that occurred on Friday, June 15th. The shares were sold at an average price of $35.10, for a total value of $547,875.90. Following the completion of the sale, the vice president now directly owns 100,226 shares in the company, valued at $3,517,932.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP William T. Montone sold 6,000 shares of Brooks Automation stock in a transaction that occurred on Friday, June 15th. The shares were sold at an average price of $35.00, for a total transaction of $210,000.00. Following the completion of the sale, the senior vice president now owns 108,558 shares of the company’s stock, valued at $3,799,530. The disclosure for this sale can be found here. Over the last quarter, insiders sold 50,292 shares of company stock valued at $1,806,168. 2.36% of the stock is owned by company insiders.
Brooks Automation Company Profile
Brooks Automation, Inc provides automation and cryogenic solutions for various applications and markets. It operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers critical automated transport, vacuum, and contamination controls solutions and services.
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