Wall Street brokerages expect Brooks Automation, Inc (NASDAQ:BRKS) to report $0.29 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have made estimates for Brooks Automation’s earnings. The lowest EPS estimate is $0.28 and the highest is $0.30. Brooks Automation reported earnings of $0.20 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 45%. The firm is scheduled to announce its next earnings results on Wednesday, February 7th.

According to Zacks, analysts expect that Brooks Automation will report full year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.30 to $1.36. For the next year, analysts anticipate that the firm will report earnings of $1.58 per share, with EPS estimates ranging from $1.50 to $1.65. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Brooks Automation.

Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.06. The business had revenue of $181.88 million during the quarter, compared to analysts’ expectations of $174.66 million. Brooks Automation had a return on equity of 13.40% and a net margin of 9.04%. The firm’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period last year, the firm posted $0.22 EPS.

Several analysts recently weighed in on BRKS shares. Janney Montgomery Scott lifted their price target on Brooks Automation from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, September 14th. Zacks Investment Research cut Brooks Automation from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Citigroup lifted their price target on Brooks Automation from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Stifel Nicolaus lifted their price target on Brooks Automation from $32.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Brooks Automation in a report on Friday, October 6th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $31.57.

In other Brooks Automation news, VP David Jarzynka sold 2,476 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $83,688.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP William T. Montone sold 2,257 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $33.80, for a total value of $76,286.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 66,258 shares of company stock worth $1,995,532. Corporate insiders own 2.24% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Teachers Advisors LLC increased its stake in shares of Brooks Automation by 28.6% in the 1st quarter. Teachers Advisors LLC now owns 213,026 shares of the semiconductor company’s stock valued at $4,772,000 after purchasing an additional 47,417 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Brooks Automation by 27.9% in the 1st quarter. Renaissance Technologies LLC now owns 175,657 shares of the semiconductor company’s stock valued at $3,935,000 after purchasing an additional 38,300 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Brooks Automation by 11.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 39,404 shares of the semiconductor company’s stock valued at $879,000 after purchasing an additional 4,200 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Brooks Automation by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 28,400 shares of the semiconductor company’s stock valued at $616,000 after purchasing an additional 100 shares during the last quarter. Finally, Aperio Group LLC increased its stake in shares of Brooks Automation by 8.1% in the 2nd quarter. Aperio Group LLC now owns 28,396 shares of the semiconductor company’s stock valued at $616,000 after purchasing an additional 2,125 shares during the last quarter. Hedge funds and other institutional investors own 90.27% of the company’s stock.

Brooks Automation (NASDAQ:BRKS) traded down $1.08 during trading hours on Friday, reaching $23.81. The company had a trading volume of 3,159,043 shares, compared to its average volume of 1,185,331. The firm has a market cap of $1,674.06, a PE ratio of 21.65 and a beta of 0.95. Brooks Automation has a 1-year low of $15.34 and a 1-year high of $34.77.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 1st will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.68%. Brooks Automation’s dividend payout ratio (DPR) is presently 44.44%.

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

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