Equities analysts expect that Brooks Automation, Inc. (NASDAQ:BRKS) will post earnings per share of $0.29 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Brooks Automation’s earnings. The highest EPS estimate is $0.31 and the lowest is $0.25. Brooks Automation reported earnings of $0.12 per share in the same quarter last year, which would indicate a positive year over year growth rate of 141.7%. The firm is scheduled to report its next earnings results on Thursday, July 27th.

According to Zacks, analysts expect that Brooks Automation will report full year earnings of $1.07 per share for the current year, with EPS estimates ranging from $1.05 to $1.09. For the next year, analysts anticipate that the company will post earnings of $1.13 per share, with EPS estimates ranging from $1.10 to $1.16. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Brooks Automation.

Brooks Automation (NASDAQ:BRKS) last released 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. Brooks Automation had a return on equity of 8.47% and a net margin of 7.41%. The firm had revenue of $169.30 million for the quarter, compared to the consensus estimate of $167.16 million. During the same period in the prior year, the firm earned $0.07 EPS. The firm’s revenue was up 25.1% on a year-over-year basis.

BRKS has been the subject of a number of research reports. BidaskClub cut shares of Brooks Automation from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 17th. B. Riley reissued a “buy” rating and issued a $32.00 price target on shares of Brooks Automation in a research report on Saturday, June 17th. Needham & Company LLC boosted their price target on shares of Brooks Automation from $22.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, April 28th. ValuEngine cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Zacks Investment Research cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a report on Wednesday, June 28th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Brooks Automation has an average rating of “Buy” and an average price target of $24.14.

Brooks Automation (NASDAQ BRKS) opened at 25.88 on Tuesday. The firm has a market capitalization of $1.73 billion, a P/E ratio of 38.00 and a beta of 1.02. Brooks Automation has a 52-week low of $12.05 and a 52-week high of $30.23. The company has a 50 day moving average price of $25.10 and a 200 day moving average price of $22.93.

Large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of Brooks Automation by 49,535.5% in the first quarter. BlackRock Inc. now owns 8,670,335 shares of the semiconductor company’s stock worth $194,215,000 after buying an additional 8,652,867 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Brooks Automation by 4.4% in the first quarter. Vanguard Group Inc. now owns 6,282,912 shares of the semiconductor company’s stock worth $140,738,000 after buying an additional 262,325 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Brooks Automation by 9.0% in the first quarter. Bank of New York Mellon Corp now owns 2,065,743 shares of the semiconductor company’s stock worth $46,272,000 after buying an additional 170,902 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Brooks Automation by 146.4% in the first quarter. Ameriprise Financial Inc. now owns 1,794,660 shares of the semiconductor company’s stock worth $40,200,000 after buying an additional 1,066,297 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Brooks Automation by 8.6% in the first quarter. State Street Corp now owns 1,637,250 shares of the semiconductor company’s stock worth $36,673,000 after buying an additional 129,037 shares during the last quarter. 91.79% of the stock is owned by institutional investors and hedge funds.

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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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Earnings History and Estimates for Brooks Automation (NASDAQ:BRKS)

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