Brooks Automation, Inc (NASDAQ:BRKS) to Release Earnings on Wednesday
Brooks Automation, Inc (NASDAQ:BRKS) is scheduled to announce its earnings results after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Brooks Automation has set its Q3 guidance at $0.29-0.33 EPS.
Brooks Automation (NASDAQ:BRKS) last issued its earnings results on Thursday, April 27th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.03. The company had revenue of $169.30 million for the quarter, compared to analyst estimates of $167.16 million. Brooks Automation had a net margin of 6.63% and a return on equity of 10.00%. The company’s revenue for the quarter was up 25.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 EPS. On average, analysts expect Brooks Automation to post $1.10 EPS for the current fiscal year and $1.23 EPS for the next fiscal year.
Brooks Automation, Inc (NASDAQ:BRKS) opened at 25.05 on Wednesday. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 36.78 and a beta of 1.02. Brooks Automation, Inc has a 52 week low of $12.05 and a 52 week high of $30.23. The stock has a 50 day moving average of $25.33 and a 200 day moving average of $22.71.
The company also recently declared a quarterly dividend, which was paid on Friday, June 23rd. Stockholders of record on Friday, June 2nd were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.60%. The ex-dividend date was Wednesday, May 31st. Brooks Automation’s dividend payout ratio (DPR) is currently 59.70%.
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BRKS has been the topic of several research reports. Zacks Investment Research cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Tuesday, April 4th. BidaskClub cut Brooks Automation from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 17th. Needham & Company LLC upped their target price on Brooks Automation from $22.00 to $28.00 and gave the company a “buy” rating in a report on Friday, April 28th. B. Riley reiterated a “buy” rating and issued a $32.00 target price on shares of Brooks Automation in a report on Saturday, June 17th. Finally, ValuEngine cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Brooks Automation currently has a consensus rating of “Buy” and a consensus target price of $24.14.
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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