Brooks Automation, Inc (NASDAQ:BRKS) insider David C. Gray sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $28.88, for a total transaction of $202,160.00. Following the sale, the insider now owns 91,806 shares of the company’s stock, valued at $2,651,357.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Brooks Automation, Inc (NASDAQ BRKS) opened at $29.42 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.33 and a quick ratio of 2.56. The stock has a market cap of $2,038.94, a P/E ratio of 23.93 and a beta of 0.97. Brooks Automation, Inc has a one year low of $20.53 and a one year high of $34.77.
Brooks Automation (NASDAQ:BRKS) last posted its earnings results on Thursday, February 1st. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.03. The firm had revenue of $189.33 million during the quarter, compared to analysts’ expectations of $184.48 million. Brooks Automation had a net margin of 9.03% and a return on equity of 14.43%. The company’s revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.25 earnings per share. equities research analysts predict that Brooks Automation, Inc will post 1.4 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. lifted its stake in Brooks Automation by 1.0% in the fourth quarter. BlackRock Inc. now owns 8,943,161 shares of the semiconductor company’s stock valued at $213,296,000 after acquiring an additional 86,294 shares during the last quarter. Boston Partners lifted its stake in shares of Brooks Automation by 5.9% in the fourth quarter. Boston Partners now owns 2,016,375 shares of the semiconductor company’s stock worth $48,091,000 after buying an additional 112,101 shares during the last quarter. Glenmede Trust Co. NA lifted its stake in shares of Brooks Automation by 40.4% in the fourth quarter. Glenmede Trust Co. NA now owns 1,478,911 shares of the semiconductor company’s stock worth $35,270,000 after buying an additional 425,807 shares during the last quarter. Royce & Associates LP lifted its stake in shares of Brooks Automation by 9.0% in the third quarter. Royce & Associates LP now owns 1,378,309 shares of the semiconductor company’s stock worth $41,845,000 after buying an additional 113,300 shares during the last quarter. Finally, Macquarie Group Ltd. lifted its stake in shares of Brooks Automation by 18.1% in the fourth quarter. Macquarie Group Ltd. now owns 1,133,405 shares of the semiconductor company’s stock worth $27,032,000 after buying an additional 173,908 shares during the last quarter. Hedge funds and other institutional investors own 90.34% of the company’s stock.
Several research firms recently commented on BRKS. Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a report on Tuesday, February 6th. Stephens restated a “buy” rating and set a $36.00 price target on shares of Brooks Automation in a report on Friday, February 2nd. BidaskClub upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating in a report on Friday, February 23rd. B. Riley lifted their target price on shares of Brooks Automation from $34.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Finally, Janney Montgomery Scott set a $35.00 target price on shares of Brooks Automation and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $32.88.
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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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