Brooks Automation, Inc (NASDAQ:BRKS) announced a quarterly dividend on Wednesday, November 6th, Zacks reports. Investors of record on Friday, December 6th will be paid a dividend of 0.10 per share by the semiconductor company on Friday, December 20th. This represents a $0.40 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Thursday, December 5th.
Shares of BRKS opened at $41.61 on Tuesday. The company’s fifty day simple moving average is $43.50 and its 200-day simple moving average is $38.42. The company has a market cap of $3.23 billion, a P/E ratio of 54.04 and a beta of 1.39. The company has a current ratio of 2.37, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. Brooks Automation has a twelve month low of $23.02 and a twelve month high of $50.35.
Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. Brooks Automation had a net margin of 55.99% and a return on equity of 6.67%. The firm had revenue of $200.23 million during the quarter, compared to analysts’ expectations of $195.38 million. During the same period in the previous year, the company earned $0.40 EPS. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. Analysts predict that Brooks Automation will post 1.25 earnings per share for the current fiscal year.
Several research analysts have issued reports on the company. Stifel Nicolaus set a $43.00 target price on Brooks Automation and gave the company a “buy” rating in a research report on Tuesday, September 17th. B. Riley set a $47.00 price target on Brooks Automation and gave the stock a “buy” rating in a report on Wednesday, September 18th. BidaskClub raised Brooks Automation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 22nd. Stephens restated an “equal weight” rating and set a $35.00 price objective on shares of Brooks Automation in a report on Friday, August 23rd. Finally, ValuEngine downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $43.20.
In related news, insider David Pietrantoni sold 3,333 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $44.00, for a total value of $146,652.00. Following the completion of the sale, the insider now owns 32,435 shares in the company, valued at $1,427,140. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jason Joseph sold 24,198 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $45.25, for a total value of $1,094,959.50. Following the completion of the transaction, the senior vice president now directly owns 132,108 shares in the company, valued at approximately $5,977,887. The disclosure for this sale can be found here. Insiders have sold a total of 218,648 shares of company stock valued at $9,882,176 in the last quarter. 2.45% of the stock is currently owned by company insiders.
Brooks Automation Company Profile
Brooks Automation, Inc provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers mission-critical wafer automation and contamination controls solutions and services.
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