Favorable Media Coverage Somewhat Unlikely to Impact Brooks Automation (NASDAQ:BRKS) Stock Price
News coverage about Brooks Automation (NASDAQ:BRKS) has trended positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Brooks Automation earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 44.9680380294561 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Brooks Automation : Stock Performance Review on Semiconductor Industry — Applied Materials, Ambarella, ASML Holding, and Brooks Automation (4-traders.com)
- 5 Red Hot Picks for Electrifying Gains From AI & Automation (finance.yahoo.com)
- Focus on These 5 Top-Ranked Profitable Stocks in August (finance.yahoo.com)
- Brooks Automation, Inc.: Strong price momentum but will it sustain? (finance.yahoo.com)
- Brooks Automation, Inc. (NASDAQ:BRKS) Given “Buy” Rating at B. Riley (americanbankingnews.com)
A number of equities analysts have recently commented on the company. Zacks Investment Research raised Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $29.00 price target for the company in a report on Monday, May 1st. B. Riley reissued a “buy” rating and set a $32.00 price objective on shares of Brooks Automation in a research note on Monday, June 12th. BidaskClub lowered Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 17th. Needham & Company LLC lifted their price objective on Brooks Automation from $22.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, April 28th. Finally, ValuEngine lowered Brooks Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Brooks Automation currently has an average rating of “Buy” and an average price target of $27.43.
Shares of Brooks Automation (NASDAQ BRKS) traded up 3.25% during midday trading on Friday, reaching $24.76. The company’s stock had a trading volume of 443,768 shares. The company has a market cap of $1.67 billion, a PE ratio of 30.99 and a beta of 1.03. Brooks Automation has a 12 month low of $12.05 and a 12 month high of $30.23. The company’s 50-day moving average price is $24.28 and its 200-day moving average price is $23.55.
Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings data on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.30 by $0.06. Brooks Automation had a net margin of 8.34% and a return on equity of 11.25%. The business had revenue of $181.72 million during the quarter, compared to the consensus estimate of $177.40 million. During the same quarter in the prior year, the firm earned $0.16 EPS. The business’s revenue was up 23.2% on a year-over-year basis. On average, equities analysts anticipate that Brooks Automation will post $1.18 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 8th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Thursday, September 7th. Brooks Automation’s dividend payout ratio (DPR) is presently 50.00%.
ILLEGAL ACTIVITY WARNING: This report was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/08/12/favorable-media-coverage-somewhat-unlikely-to-impact-brooks-automation-nasdaqbrks-stock-price.html.
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.
Receive News & Stock Ratings for Brooks Automation Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brooks Automation Inc. and related stocks with our FREE daily email newsletter.