News headlines about Brooks Automation (NASDAQ:BRKS) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brooks Automation earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 45.6685624596974 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern’s rankings:
- Financial Comparison: Brooks Automation (BRKS) and Fortive Corporation (FTV) (americanbankingnews.com)
- Technology Stock is Neither Hold nor sell: Brooks Automation, Inc. (BRKS) – Street Observer (press release) (streetobserver.com)
- Worth Watching Stocks in the Spotlight: Brooks Automation, Inc., (NASDAQ:BRKS), China Automotive Systems, Inc … – Stocks In The News (press release) (tradingnewsnow.com)
- Needham & Company Remains Sidelined on Brooks Automation (BRKS) Following Announced Acquisition of 4titude – StreetInsider.com (streetinsider.com)
- Brooks Automation (BRKS) Reports Acquisition of 4titude Ltd. – StreetInsider.com (streetinsider.com)
A number of brokerages have weighed in on BRKS. B. Riley reaffirmed a “buy” rating and issued a $32.00 target price on shares of Brooks Automation in a report on Saturday, June 17th. Needham & Company LLC downgraded Brooks Automation from a “buy” rating to a “hold” rating in a report on Monday, September 18th. They noted that the move was a valuation call. ValuEngine downgraded Brooks Automation from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. BidaskClub downgraded Brooks Automation from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research raised Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a report on Friday, August 4th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Brooks Automation presently has an average rating of “Buy” and an average price target of $29.57.
Brooks Automation (NASDAQ:BRKS) traded up 0.93% during midday trading on Wednesday, hitting $30.39. The company had a trading volume of 55,216 shares. The firm has a market capitalization of $2.12 billion, a P/E ratio of 16.88 and a beta of 1.10. The firm’s 50 day moving average is $27.89 and its 200-day moving average is $25.64. Brooks Automation has a 52 week low of $12.71 and a 52 week high of $31.75.
Brooks Automation (NASDAQ:BRKS) last posted its quarterly earnings results on Wednesday, August 2nd. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.06. Brooks Automation had a net margin of 8.34% and a return on equity of 11.25%. The business had revenue of $181.72 million during the quarter, compared to analyst estimates of $177.40 million. During the same period in the prior year, the business posted $0.16 earnings per share. The company’s revenue was up 23.2% on a year-over-year basis. On average, equities research analysts expect that Brooks Automation will post $1.18 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 8th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $0.40 annualized dividend and a yield of 1.33%. Brooks Automation’s payout ratio is 50.00%.
Brooks Automation Company Profile
Brooks Automation, Inc is a provider of automation and cryogenic solutions for various applications and markets. The Company operates through 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.
Receive News & Ratings for Brooks Automation Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brooks Automation Inc. and related companies with MarketBeat.com's FREE daily email newsletter.