Brokerages forecast that Brooks Automation, Inc (NASDAQ:BRKS) will announce $0.10 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Brooks Automation’s earnings. The highest EPS estimate is $0.10 and the lowest is $0.09. Brooks Automation reported earnings per share of $0.47 in the same quarter last year, which would suggest a negative year over year growth rate of 78.7%. The company is scheduled to announce its next earnings results on Tuesday, May 7th.
According to Zacks, analysts expect that Brooks Automation will report full year earnings of $0.75 per share for the current year, with EPS estimates ranging from $0.70 to $0.80. For the next year, analysts forecast that the company will report earnings of $1.33 per share, with EPS estimates ranging from $1.30 to $1.40. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Brooks Automation.
Brooks Automation (NASDAQ:BRKS) last posted its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.05. Brooks Automation had a net margin of 14.86% and a return on equity of 11.80%. The firm had revenue of $179.37 million for the quarter, compared to analyst estimates of $174.46 million. During the same period in the prior year, the firm posted $0.09 earnings per share. The company’s quarterly revenue was up 25.8% compared to the same quarter last year.
NASDAQ BRKS traded up $0.54 on Thursday, hitting $31.50. 7,613 shares of the stock were exchanged, compared to its average volume of 497,815. The company has a current ratio of 2.73, a quick ratio of 2.15 and a debt-to-equity ratio of 0.73. Brooks Automation has a 52 week low of $23.02 and a 52 week high of $39.75. The firm has a market capitalization of $2.20 billion, a P/E ratio of 49.17 and a beta of 1.31.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 1st were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend was Thursday, February 28th. Brooks Automation’s payout ratio is presently 62.50%.
In related news, SVP William T. Montone sold 3,000 shares of the firm’s stock in a transaction dated Friday, January 25th. The shares were sold at an average price of $30.50, for a total transaction of $91,500.00. Following the transaction, the senior vice president now directly owns 123,540 shares of the company’s stock, valued at $3,767,970. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Maurice H. Tenney sold 10,204 shares of the firm’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $32.51, for a total transaction of $331,732.04. Following the transaction, the insider now directly owns 136,556 shares in the company, valued at $4,439,435.56. The disclosure for this sale can be found here. Insiders sold 29,704 shares of company stock worth $946,342 over the last three months. Insiders own 2.45% of the company’s stock.
A number of institutional investors have recently made changes to their positions in the business. Campbell Newman Asset Management Inc. boosted its holdings in Brooks Automation by 2.5% during the 1st quarter. Campbell Newman Asset Management Inc. now owns 25,393 shares of the semiconductor company’s stock worth $745,000 after acquiring an additional 623 shares during the last quarter. New England Research & Management Inc. boosted its holdings in Brooks Automation by 16.2% during the 1st quarter. New England Research & Management Inc. now owns 62,817 shares of the semiconductor company’s stock worth $1,842,000 after acquiring an additional 8,767 shares during the last quarter. Roubaix Capital LLC purchased a new position in Brooks Automation during the 1st quarter worth $2,347,000. Deutsche Bank AG boosted its holdings in Brooks Automation by 11.2% during the 4th quarter. Deutsche Bank AG now owns 155,199 shares of the semiconductor company’s stock worth $4,061,000 after acquiring an additional 15,680 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Brooks Automation by 6.5% during the 4th quarter. Geode Capital Management LLC now owns 796,306 shares of the semiconductor company’s stock worth $20,847,000 after acquiring an additional 48,947 shares during the last quarter. Hedge funds and other institutional investors own 98.54% of the company’s stock.
About Brooks Automation
Brooks Automation, Inc provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers mission-critical wafer automation and contamination controls solutions and services.
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