Headlines about Brooks Automation (NASDAQ:BRKS) have trended somewhat positive on Friday, according to Alpha One. The research firm, a service of Accern, identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brooks Automation earned a daily sentiment score of 0.11 on Alpha One’s scale. Alpha One also assigned headlines about the semiconductor company an impact score of 82 out of 100, meaning that recent media coverage is very likely to have an effect on the company’s share price in the near term.
BRKS has been the topic of several research reports. B. Riley reissued a “buy” rating and set a $22.00 price objective on shares of Brooks Automation in a research note on Thursday, February 2nd. Needham & Company LLC boosted their price objective on shares of Brooks Automation to $22.00 and gave the stock a “buy” rating in a research note on Thursday, February 2nd. Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $23.00 price objective on the stock in a research note on Friday, February 3rd. Finally, Citigroup Inc lifted their target price on shares of Brooks Automation to $26.00 and gave the stock a “buy” rating in a report on Monday, March 20th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Brooks Automation has an average rating of “Buy” and an average target price of $23.86.
Shares of Brooks Automation (NASDAQ:BRKS) traded down 0.69% during mid-day trading on Friday, reaching $27.15. 357,448 shares of the company’s stock were exchanged. The company has a market capitalization of $1.82 billion, a PE ratio of 39.87 and a beta of 1.16. The company’s 50-day moving average price is $24.34 and its 200-day moving average price is $19.69. Brooks Automation has a one year low of $9.68 and a one year high of $29.01.
Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings results on Thursday, April 27th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.03. The firm had revenue of $169.30 million during the quarter, compared to the consensus estimate of $167.16 million. Brooks Automation had a positive return on equity of 8.51% and a negative net margin of 8.49%. The firm’s quarterly revenue was up 25.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.07 earnings per share. On average, equities analysts expect that Brooks Automation will post $1.10 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 23rd. Investors of record on Friday, June 2nd will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Wednesday, May 31st. Brooks Automation’s dividend payout ratio is presently -53.33%.
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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.
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