Brooks Automation (NASDAQ:BRKS) Getting Positive Press Coverage, Analysis Finds
Media headlines about Brooks Automation (NASDAQ:BRKS) have been trending positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Brooks Automation earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 44.9680380294561 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Brooks Automation : Stock Performance Review on Semiconductor Industry — Applied Materials, Ambarella, ASML Holding, and Brooks Automation (4-traders.com)
- 5 Red Hot Picks for Electrifying Gains From AI & Automation (finance.yahoo.com)
- Focus on These 5 Top-Ranked Profitable Stocks in August (finance.yahoo.com)
- Brooks Automation, Inc.: Strong price momentum but will it sustain? (finance.yahoo.com)
- Brooks Automation, Inc. (NASDAQ:BRKS) Given “Buy” Rating at B. Riley (americanbankingnews.com)
A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective on the stock in a research report on Monday, May 1st. B. Riley reissued a “buy” rating and issued a $32.00 price objective on shares of Brooks Automation in a research report on Monday, June 12th. BidaskClub lowered shares of Brooks Automation from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 17th. Needham & Company LLC increased their price objective on shares of Brooks Automation from $22.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, April 28th. Finally, ValuEngine lowered shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $27.43.
Shares of Brooks Automation (NASDAQ:BRKS) traded up 3.25% during trading on Friday, hitting $24.76. 443,768 shares of the stock were exchanged. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 30.99 and a beta of 1.03. Brooks Automation has a one year low of $12.05 and a one year high of $30.23. The stock’s 50 day moving average price is $24.28 and its 200-day moving average price is $23.55.
Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, topping 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 firm had revenue of $181.72 million for the quarter, compared to analyst estimates of $177.40 million. During the same period in the prior year, the business posted $0.16 EPS. The business’s revenue for the quarter was up 23.2% compared to the same quarter last year. On average, analysts predict that Brooks Automation will post $1.18 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be issued a $0.10 dividend. The ex-dividend date is Thursday, September 7th. This represents a $0.40 annualized dividend and a dividend yield of 1.62%. Brooks Automation’s dividend payout ratio is currently 50.00%.
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About Brooks Automation
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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