Wall Street analysts forecast that Brooks Automation, Inc (NASDAQ:BRKS) will report earnings per share of $0.23 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Brooks Automation’s earnings, with the highest EPS estimate coming in at $0.24 and the lowest estimate coming in at $0.22. Brooks Automation reported earnings per share of $0.21 in the same quarter last year, which would suggest a positive year-over-year growth rate of 9.5%. The business is scheduled to report its next earnings report on Tuesday, February 4th.
On average, analysts expect that Brooks Automation will report full-year earnings of $1.26 per share for the current fiscal year, with EPS estimates ranging from $1.20 to $1.35. For the next fiscal year, analysts expect that the company will report earnings of $1.59 per share, with EPS estimates ranging from $1.57 to $1.60. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Brooks Automation.
Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The firm had revenue of $200.23 million during the quarter, compared to analysts’ expectations of $195.38 million. Brooks Automation had a net margin of 55.99% and a return on equity of 6.67%. The company’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.40 earnings per share.
A number of equities analysts have weighed in on the company. Zacks Investment Research downgraded Brooks Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. ValuEngine cut Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd. B. Riley set a $47.00 price objective on Brooks Automation and gave the company a “buy” rating in a research report on Wednesday, September 18th. TheStreet upgraded Brooks Automation from a “c+” rating to a “b-” rating in a research note on Wednesday, November 6th. Finally, Stephens reissued an “equal weight” rating and set a $35.00 target price on shares of Brooks Automation in a report on Friday, August 23rd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $43.20.
In other news, SVP Jason Joseph sold 24,198 shares of Brooks Automation stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $45.25, for a total transaction of $1,094,959.50. Following the completion of the sale, the senior vice president now owns 132,108 shares of the company’s stock, valued at $5,977,887. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Stephen S. Schwartz sold 108,391 shares of the business’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $45.25, for a total transaction of $4,904,692.75. Following the completion of the sale, the chief executive officer now directly owns 714,871 shares of the company’s stock, valued at approximately $32,347,912.75. The disclosure for this sale can be found here. Over the last three months, insiders sold 218,648 shares of company stock worth $9,882,176. Insiders own 2.45% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in BRKS. FMR LLC increased its holdings in shares of Brooks Automation by 226.6% during the first quarter. FMR LLC now owns 1,397,834 shares of the semiconductor company’s stock worth $40,999,000 after purchasing an additional 969,851 shares during the period. Strs Ohio lifted its position in shares of Brooks Automation by 500.0% during the 2nd quarter. Strs Ohio now owns 4,800 shares of the semiconductor company’s stock valued at $186,000 after acquiring an additional 4,000 shares during the period. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Brooks Automation during the 2nd quarter worth $412,000. Aperio Group LLC grew its holdings in shares of Brooks Automation by 19.7% during the 2nd quarter. Aperio Group LLC now owns 35,360 shares of the semiconductor company’s stock worth $1,370,000 after purchasing an additional 5,829 shares in the last quarter. Finally, Advisor Group Inc. grew its holdings in shares of Brooks Automation by 16.6% during the 2nd quarter. Advisor Group Inc. now owns 5,679 shares of the semiconductor company’s stock worth $221,000 after purchasing an additional 809 shares in the last quarter.
NASDAQ:BRKS traded down $0.86 during mid-day trading on Wednesday, hitting $42.62. The stock had a trading volume of 686,937 shares, compared to its average volume of 529,730. Brooks Automation has a twelve month low of $23.02 and a twelve month high of $50.35. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 55.35 and a beta of 1.39. The company’s 50 day simple moving average is $43.86 and its 200 day simple moving average is $38.81. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.37.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be issued a $0.10 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.40 annualized dividend and a yield of 0.94%. Brooks Automation’s dividend payout ratio is currently 51.95%.
Brooks Automation Company Profile
Brooks Automation, Inc provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers mission-critical wafer automation and contamination controls solutions and services.
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