Brooks Automation Inc. (BRKS) Sets New 12-Month High at $12.31
Brooks Automation Inc. (NASDAQ:BRKS) shares reached a new 52-week high on Monday . The stock traded as high as $12.31 and last traded at $12.15, with a volume of 177,862 shares traded. The stock had previously closed at $12.11.
Several research firms recently weighed in on BRKS. B. Riley restated a “buy” rating and issued a $16.50 price objective on shares of Brooks Automation in a research report on Tuesday, June 7th. Credit Suisse Group AG restated a “sell” rating and issued a $9.80 price objective on shares of Brooks Automation in a research report on Friday, April 29th. Finally, Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Monday, May 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Brooks Automation presently has an average rating of “Hold” and a consensus target price of $12.86.
The stock’s market capitalization is $809.41 million. The stock has a 50 day moving average of $11.50 and a 200 day moving average of $10.16.
Brooks Automation (NASDAQ:BRKS) last posted its earnings results on Thursday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. The business had revenue of $135.30 million for the quarter, compared to analyst estimates of $135.41 million. During the same period last year, the business earned $0.08 EPS. Brooks Automation’s revenue was down 2.9% compared to the same quarter last year. On average, equities research analysts expect that Brooks Automation Inc. will post $0.40 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 24th. Shareholders of record on Friday, June 3rd were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a $0.40 annualized dividend and a yield of 3.30%.
In other Brooks Automation news, VP Jason Joseph sold 5,528 shares of the firm’s stock in a transaction on Tuesday, July 5th. The stock was sold at an average price of $11.06, for a total transaction of $61,139.68. Following the completion of the sale, the vice president now owns 172,705 shares of the company’s stock, valued at $1,910,117.30. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
A number of large investors have bought and sold shares of BRKS. Rhumbline Advisers boosted its stake in Brooks Automation by 3.8% in the fourth quarter. Rhumbline Advisers now owns 113,792 shares of the company’s stock valued at $1,215,000 after buying an additional 4,145 shares during the period. California Public Employees Retirement System boosted its stake in Brooks Automation by 5.0% in the fourth quarter. California Public Employees Retirement System now owns 191,400 shares of the company’s stock valued at $2,044,000 after buying an additional 9,200 shares during the period. Morgan Stanley boosted its stake in Brooks Automation by 160.8% in the fourth quarter. Morgan Stanley now owns 117,870 shares of the company’s stock valued at $1,260,000 after buying an additional 72,680 shares during the period. Boston Partners boosted its stake in Brooks Automation by 13.8% in the fourth quarter. Boston Partners now owns 1,052,876 shares of the company’s stock valued at $11,245,000 after buying an additional 127,541 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of Brooks Automation by 12.2% in the fourth quarter. Victory Capital Management Inc. now owns 1,710,037 shares of the company’s stock worth $18,263,000 after buying an additional 185,782 shares during the last quarter.
Brooks Automation, Inc is a global provider of automation, vacuum and instrumentation solutions for multiple markets, including semiconductor manufacturing, technology device manufacturing and life sciences. The Company operates in three segments: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems.
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