Brooks Automation, Inc (NASDAQ:BRKS) insider Maurice H. Tenney sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $28.00, for a total value of $280,000.00. Following the transaction, the insider now owns 166,798 shares in the company, valued at approximately $4,670,344. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Brooks Automation, Inc (NASDAQ BRKS) traded up $0.42 during trading hours on Monday, reaching $29.24. The company had a trading volume of 1,148,496 shares, compared to its average volume of 802,171. Brooks Automation, Inc has a 12-month low of $16.79 and a 12-month high of $34.77. The stock has a market cap of $2,029.70, a P/E ratio of 32.49 and a beta of 0.93.
Brooks Automation (NASDAQ:BRKS) last posted its quarterly earnings data on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. Brooks Automation had a return on equity of 13.40% and a net margin of 9.04%. The company had revenue of $181.88 million during the quarter, compared to analysts’ expectations of $174.66 million. During the same period last year, the firm earned $0.22 EPS. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis. research analysts expect that Brooks Automation, Inc will post 1.33 EPS for the current fiscal year.
A number of research analysts recently issued reports on the company. Citigroup raised their price target on Brooks Automation from $31.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Needham & Company LLC restated a “hold” rating on shares of Brooks Automation in a research note on Friday, October 6th. Stephens assumed coverage on Brooks Automation in a research note on Thursday, December 21st. They set an “overweight” rating and a $32.00 price target on the stock. BidaskClub downgraded Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Finally, Zacks Investment Research downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Brooks Automation currently has an average rating of “Buy” and an average price target of $31.63.
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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