Several brokerages have updated their recommendations and price targets on shares of Brooks Automation (NASDAQ: BRKS) in the last few weeks:

  • 8/6/2017 – Brooks Automation was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $32.00 price target on the stock, up previously from $22.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 8/4/2017 – Brooks Automation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $26.00 price target on the stock. According to Zacks, “Brooks Automation delivers automation solutions to the global semiconductor and related industries. The company’s hardware, factory/tool management software, and professional services can manage every wafer, reticle and data movement in the fab, helping semiconductor manufacturers optimize throughput, yield and cost reduction, while reducing their time to market. Brooks products and capabilities are used in virtually every fab in the world. “
  • 8/3/2017 – Brooks Automation had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $34.00 price target on the stock.
  • 8/3/2017 – Brooks Automation was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 8/3/2017 – Brooks Automation had its “hold” rating reaffirmed by analysts at Credit Suisse Group. They now have a $26.00 price target on the stock.
  • 8/2/2017 – Brooks Automation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/12/2017 – Brooks Automation was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 7/11/2017 – Brooks Automation was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/4/2017 – Brooks Automation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/28/2017 – Brooks Automation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Brooks Automation delivers automation solutions to the global semiconductor and related industries. The company’s hardware, factory/tool management software, and professional services can manage every wafer, reticle and data movement in the fab, helping semiconductor manufacturers optimize throughput, yield and cost reduction, while reducing their time to market. Brooks products and capabilities are used in virtually every fab in the world. “
  • 6/17/2017 – Brooks Automation had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $32.00 price target on the stock.
  • 6/17/2017 – Brooks Automation was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/12/2017 – Brooks Automation had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $32.00 price target on the stock.

Shares of Brooks Automation, Inc. (NASDAQ BRKS) traded up 9.20% during mid-day trading on Monday, hitting $24.68. The company had a trading volume of 484,967 shares. Brooks Automation, Inc. has a one year low of $12.05 and a one year high of $30.23. The company has a market capitalization of $1.72 billion, a PE ratio of 30.89 and a beta of 1.03. The company’s 50-day moving average is $24.60 and its 200 day moving average is $23.28.

Brooks Automation (NASDAQ:BRKS) last posted its earnings results on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.06. Brooks Automation had a return on equity of 11.25% and a net margin of 8.34%. The business had revenue of $181.72 million during the quarter, compared to analysts’ expectations of $177.40 million. During the same period in the previous year, the business earned $0.16 earnings per share. The firm’s revenue was up 23.2% on a year-over-year basis. On average, equities research analysts forecast that Brooks Automation, Inc. will post $1.16 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Thursday, September 7th. Brooks Automation’s payout ratio is 50.00%.

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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