Brooks Automation, Inc. (NASDAQ:BRKS) – Analysts at B. Riley issued their Q4 2019 EPS estimates for Brooks Automation in a note issued to investors on Monday. B. Riley analyst C. Ellis anticipates that the semiconductor company will earn $0.47 per share for the quarter. B. Riley currently has a “Buy” rating and a $34.00 target price on the stock.

BRKS has been the topic of several other reports. BidaskClub raised Brooks Automation from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th. Janney Montgomery Scott lifted their target price on Brooks Automation from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, September 14th. Zacks Investment Research raised Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 target price on the stock in a report on Friday, August 4th. Stifel Nicolaus lifted their price objective on Brooks Automation from $32.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Needham & Company LLC reissued a “hold” rating on shares of Brooks Automation in a research report on Friday, October 6th. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $30.43.

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Shares of Brooks Automation (BRKS) traded up $0.36 on Tuesday, reaching $34.26. The company’s stock had a trading volume of 765,811 shares, compared to its average volume of 603,292. The firm has a market cap of $2,369.72, a P/E ratio of 37.33 and a beta of 1.06. Brooks Automation has a 52-week low of $12.95 and a 52-week high of $34.77.

A number of institutional investors have recently modified their holdings of the stock. Louisiana State Employees Retirement System increased its position in Brooks Automation by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 28,400 shares of the semiconductor company’s stock valued at $616,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System increased its position in Brooks Automation by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 36,293 shares of the semiconductor company’s stock valued at $787,000 after buying an additional 100 shares in the last quarter. Amalgamated Bank increased its position in Brooks Automation by 3.4% in the 2nd quarter. Amalgamated Bank now owns 9,526 shares of the semiconductor company’s stock valued at $207,000 after buying an additional 313 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in Brooks Automation by 6.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock valued at $131,000 after buying an additional 348 shares in the last quarter. Finally, Texas Permanent School Fund increased its position in Brooks Automation by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 50,847 shares of the semiconductor company’s stock valued at $1,103,000 after buying an additional 513 shares in the last quarter. 90.61% of the stock is owned by institutional investors and hedge funds.

In other news, VP David Jarzynka sold 2,476 shares of Brooks Automation stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total value of $83,688.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP William T. Montone sold 2,257 shares of Brooks Automation stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total value of $76,286.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,784 shares of company stock valued at $668,699. Corporate insiders own 2.24% of the company’s stock.

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.

Earnings History and Estimates for Brooks Automation (NASDAQ:BRKS)

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