Brooks Automation, Inc (NASDAQ:BRKS) CFO Lindon G. Robertson sold 13,212 shares of the company’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $29.00, for a total transaction of $383,148.00. Following the completion of the transaction, the chief financial officer now directly owns 158,320 shares of the company’s stock, valued at $4,591,280. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Brooks Automation, Inc (NASDAQ:BRKS) traded up $0.29 during trading on Tuesday, hitting $29.53. 1,078,683 shares of the stock were exchanged, compared to its average volume of 820,680. Brooks Automation, Inc has a one year low of $16.88 and a one year high of $34.77. The firm has a market cap of $2,080.00, a P/E ratio of 33.18 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 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.06. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. The company had revenue of $181.88 million during the quarter, compared to the consensus estimate of $174.66 million. During the same period in the prior year, the business posted $0.22 EPS. The company’s quarterly revenue was up 15.4% on a year-over-year basis. research analysts expect that Brooks Automation, Inc will post 1.33 earnings per share for the current year.
A number of equities analysts recently weighed in on the stock. Janney Montgomery Scott set a $35.00 target price on shares of Brooks Automation and gave the stock a “buy” rating in a research note on Tuesday. BidaskClub lowered shares of Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 18th. Stephens assumed coverage on shares of Brooks Automation in a research note on Thursday, December 21st. They issued an “overweight” rating and a $32.00 target price for the company. B. Riley reaffirmed a “buy” rating and issued a $34.00 target price on shares of Brooks Automation in a research note on Monday, November 13th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Brooks Automation in a research note on Friday, October 6th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $31.63.
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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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