Brooks Automation (BRKS) to Release Quarterly Earnings on Tuesday

Brooks Automation (NASDAQ:BRKS) will issue its quarterly earnings data before the market opens on Tuesday, January 30th. Brooks Automation has set its Q1 guidance at $0.27-0.32 EPS.

Brooks Automation (NASDAQ:BRKS) last posted its earnings results on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.06. The business had revenue of $181.88 million during the quarter, compared to analyst estimates of $174.66 million. Brooks Automation had a return on equity of 13.40% and a net margin of 9.04%. The company’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.22 EPS. On average, analysts expect Brooks Automation to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Brooks Automation (BRKS) opened at $29.24 on Tuesday. The firm has a market capitalization of $2,060.00, a PE ratio of 32.85 and a beta of 0.93. Brooks Automation has a twelve month low of $16.79 and a twelve month high of $34.77.

BRKS has been the subject of a number of recent analyst reports. Zacks Investment Research lowered Brooks Automation from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Citigroup lifted their target price on Brooks Automation from $31.00 to $34.00 and gave the company a “buy” rating in a report on Friday, November 10th. Stifel Nicolaus lifted their target price on Brooks Automation from $32.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of Brooks Automation in a report on Friday, October 6th. Finally, B. Riley reaffirmed a “buy” rating and set a $34.00 target price on shares of Brooks Automation in a report on Monday, November 13th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $31.63.

In other news, insider David C. Gray sold 2,394 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $80,917.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stephen S. Schwartz sold 8,667 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total value of $292,944.60. The disclosure for this sale can be found here. Insiders have sold 94,282 shares of company stock valued at $2,731,404 in the last three months. 2.36% of the stock is owned by insiders.

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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.

Earnings History for Brooks Automation (NASDAQ:BRKS)

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