Brooks Automation (NASDAQ:BRKS) posted its quarterly earnings results on Monday. The semiconductor company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.22), Morningstar.com reports. Brooks Automation had a return on equity of 16.28% and a net margin of 15.40%. The business had revenue of $160.00 million for the quarter, compared to the consensus estimate of $206.00 million. During the same quarter in the previous year, the business posted $0.35 EPS. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. Brooks Automation updated its Q1 2019 guidance to $0.10-0.14 EPS.

Shares of NASDAQ:BRKS opened at $27.24 on Tuesday. 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 $2.04 billion, a PE ratio of 21.97 and a beta of 1.16. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.29 and a quick ratio of 2.48.

In other news, SVP William T. Montone sold 20,704 shares of Brooks Automation stock in a transaction that occurred on Monday, November 12th. The shares were sold at an average price of $30.93, for a total value of $640,374.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP William T. Montone sold 1,026 shares of Brooks Automation stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $31.76, for a total transaction of $32,585.76. Following the completion of the sale, the senior vice president now owns 107,532 shares of the company’s stock, valued at $3,415,216.32. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 243,018 shares of company stock valued at $7,624,866. Corporate insiders own 2.36% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Teachers Advisors LLC raised its position in shares of Brooks Automation by 1.2% in the third quarter. Teachers Advisors LLC now owns 193,612 shares of the semiconductor company’s stock valued at $6,782,000 after buying an additional 2,202 shares in the last quarter. DF Dent & Co. Inc. raised its position in shares of Brooks Automation by 4.6% in the third quarter. DF Dent & Co. Inc. now owns 1,985,066 shares of the semiconductor company’s stock valued at $69,537,000 after buying an additional 86,487 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of Brooks Automation by 33.7% in the third quarter. Advisors Asset Management Inc. now owns 10,961 shares of the semiconductor company’s stock valued at $384,000 after buying an additional 2,760 shares in the last quarter. MetLife Investment Advisors LLC raised its position in shares of Brooks Automation by 45.0% in the third quarter. MetLife Investment Advisors LLC now owns 47,278 shares of the semiconductor company’s stock valued at $1,656,000 after buying an additional 14,667 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Brooks Automation in the third quarter valued at approximately $24,612,000. Institutional investors own 98.71% of the company’s stock.

BRKS has been the subject of a number of research analyst reports. ValuEngine cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. BidaskClub cut Brooks Automation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 25th. Zacks Investment Research cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Monday, August 6th. 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. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Brooks Automation has a consensus rating of “Buy” and an average price target of $40.00.

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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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Earnings History for Brooks Automation (NASDAQ:BRKS)

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