Brooks Automation VP Jason Joseph Unloads 2,500 Shares (BRKS)
Brooks Automation (NASDAQ:BRKS) VP Jason Joseph unloaded 2,500 shares of Brooks Automation stock on the open market in a transaction dated Friday, June 27th. The shares were sold at an average price of $10.30, for a total transaction of $25,750.00. Following the completion of the sale, the vice president now directly owns 140,578 shares of the company’s stock, valued at approximately $1,447,953. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Brooks Automation (NASDAQ:BRKS) opened at 10.77 on Tuesday. Brooks Automation has a one year low of $8.74 and a one year high of $11.64. The stock has a 50-day moving average of $9.66 and a 200-day moving average of $10.30. The company has a market cap of $686.8 million and a P/E ratio of 50.33.
Brooks Automation (NASDAQ:BRKS) last released its earnings data on Thursday, May 8th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. The company had revenue of $125.90 million for the quarter, compared to the consensus estimate of $128.46 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. On average, analysts predict that Brooks Automation will post $0.26 earnings per share for the current fiscal year.
BRKS has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating in a research note on Friday. They now have a $13.00 price target on the stock. Finally, analysts at B. Riley upgraded shares of Brooks Automation from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 27th. They now have a $12.50 price target on the stock, up previously from $9.50. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $12.23.
Brooks Automation, Inc (NASDAQ:BRKS) is a global provider of automation, vacuum and instrumentation solutions for multiple markets, including semiconductor manufacturing, technology device manufacturing and life sciences.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.