Brooks Automation, Inc (NASDAQ:BRKS) insider David C. Gray sold 500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $43.00, for a total value of $21,500.00. Following the sale, the insider now directly owns 83,375 shares of the company’s stock, valued at approximately $3,585,125. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Brooks Automation stock opened at $41.31 on Friday. The stock’s 50-day simple moving average is $41.28 and its 200-day simple moving average is $39.53. Brooks Automation, Inc has a 52 week low of $28.42 and a 52 week high of $50.35. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 6.86 and a beta of 1.41. The company has a quick ratio of 1.97, a current ratio of 2.34 and a debt-to-equity ratio of 0.06.
Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.23 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.23. Brooks Automation had a return on equity of 6.41% and a net margin of 53.68%. The business had revenue of $210.50 million for the quarter, compared to the consensus estimate of $207.24 million. During the same period in the previous year, the business earned $0.17 earnings per share. The business’s revenue was up 17.4% on a year-over-year basis. On average, equities analysts expect that Brooks Automation, Inc will post 1.05 earnings per share for the current year.
Several equities analysts have recently commented on BRKS shares. BidaskClub upgraded Brooks Automation from a “sell” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research downgraded Brooks Automation from a “hold” rating to a “strong sell” rating in a research report on Thursday. TheStreet upgraded Brooks Automation from a “c+” rating to a “b-” rating in a research report on Wednesday, November 6th. ValuEngine downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd. Finally, Citigroup lowered their price objective on Brooks Automation from $50.00 to $44.00 and set a “neutral” rating on the stock in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $43.00.
Large investors have recently bought and sold shares of the stock. CWM LLC purchased a new stake in shares of Brooks Automation in the fourth quarter worth about $31,000. Citizens Financial Group Inc RI purchased a new stake in shares of Brooks Automation in the fourth quarter worth about $31,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Brooks Automation in the fourth quarter worth about $38,000. Carroll Financial Associates Inc. lifted its position in shares of Brooks Automation by 475.5% in the fourth quarter. Carroll Financial Associates Inc. now owns 1,105 shares of the semiconductor company’s stock worth $46,000 after buying an additional 913 shares in the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of Brooks Automation in the fourth quarter worth about $46,000. Institutional investors own 98.53% of the company’s stock.
Brooks Automation Company Profile
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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