Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Brooks Automation (BRKS) Share Price
Headlines about Brooks Automation (NASDAQ:BRKS) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brooks Automation earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 45.4929471935703 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Overview of Different Indicators: Universal Health Services, Inc. (UHS), Brooks Automation, Inc. (BRKS) – AllStockNews (allstocknews.com)
- Should Investors Take a Bite out of Brooks Automation, Inc. (BRKS)? – Economic News (economicsandmoney.com)
- Dissecting the Numbers for Ichor Holdings, Ltd. (ICHR) and Brooks Automation, Inc. (BRKS) – StockNewsGazette (stocknewsgazette.com)
- Brooks Automation, Inc. breached its 50 day moving average in a Bullish Manner : BRKS-US : August 15, 2017 (finance.yahoo.com)
- Bessemer Group Inc. Sells 26800 Shares of Brooks Automation, Inc. (NASDAQ:BRKS) (bulhufas.com)
Several research analysts have recently commented on the company. B. Riley reiterated a “buy” rating and set a $34.00 target price on shares of Brooks Automation in a research note on Tuesday, August 8th. Stifel Nicolaus upgraded Brooks Automation from a “hold” rating to a “buy” rating and lifted their target price for the stock from $22.00 to $32.00 in a research note on Sunday, August 6th. They noted that the move was a valuation call. Zacks Investment Research upgraded Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 target price for the company in a research note on Friday, August 4th. ValuEngine upgraded Brooks Automation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Finally, Credit Suisse Group reiterated a “hold” rating and set a $26.00 target price on shares of Brooks Automation in a research note on Thursday, August 3rd. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Brooks Automation has an average rating of “Buy” and a consensus price target of $27.43.
Brooks Automation (NASDAQ:BRKS) traded up 1.31% during mid-day trading on Friday, reaching $24.74. The company had a trading volume of 204,554 shares. The stock has a 50-day moving average of $24.36 and a 200 day moving average of $23.77. Brooks Automation has a 12-month low of $12.05 and a 12-month high of $30.23. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 30.96 and a beta of 1.03.
Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings results on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.06. The company had revenue of $181.72 million during the quarter, compared to the consensus estimate of $177.40 million. Brooks Automation had a return on equity of 11.25% and a net margin of 8.34%. During the same period last year, the business posted $0.16 earnings per share. Brooks Automation’s revenue was up 23.2% on a year-over-year basis. On average, analysts expect that Brooks Automation will post $1.18 EPS for the current year.
The company 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 yield of 1.64%. The ex-dividend date of this dividend is Thursday, September 7th. Brooks Automation’s dividend payout ratio (DPR) is 50.00%.
TRADEMARK VIOLATION WARNING: This story was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.thecerbatgem.com/2017/08/18/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-brooks-automation-brks-share-price.html.
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.
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.