Brooks Automation (NASDAQ:BRKS) Receiving Somewhat Favorable Media Coverage, Report Shows

Media stories about Brooks Automation (NASDAQ:BRKS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog 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 media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 47.1137556925871 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

Brooks Automation opened at $29.95 on Friday, Marketbeat Ratings reports. The company has a current ratio of 3.29, a quick ratio of 2.54 and a debt-to-equity ratio of 0.27. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 19.85 and a beta of 1.00. Brooks Automation has a fifty-two week low of $21.75 and a fifty-two week high of $36.45.

Brooks Automation (NASDAQ:BRKS) last released its earnings results on Monday, August 6th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The company had revenue of $223.48 million for the quarter, compared to analyst estimates of $218.98 million. Brooks Automation had a return on equity of 16.28% and a net margin of 15.40%. Brooks Automation’s quarterly revenue was up 23.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.36 EPS. equities analysts expect that Brooks Automation will post 1.54 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 7th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Thursday, September 6th. Brooks Automation’s dividend payout ratio (DPR) is currently 32.26%.

BRKS has been the topic of a number of research analyst reports. BidaskClub upgraded Brooks Automation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 17th. Zacks Investment Research cut Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 1st. ValuEngine cut Brooks Automation from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Citigroup lowered their price objective on Brooks Automation from $35.00 to $31.00 and set a “buy” rating on the stock in a research report on Wednesday, May 2nd. Finally, Credit Suisse Group lowered their price objective on Brooks Automation from $32.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 2nd. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $34.71.

In other news, CFO Lindon G. Robertson sold 9,676 shares of the stock in a transaction on Thursday, June 14th. The stock was sold at an average price of $34.00, for a total transaction of $328,984.00. Following the sale, the chief financial officer now directly owns 149,177 shares of the company’s stock, valued at approximately $5,072,018. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider David Pietrantoni sold 4,000 shares of the stock in a transaction on Thursday, June 14th. The stock was sold at an average price of $34.00, for a total value of $136,000.00. Following the sale, the insider now directly owns 39,676 shares in the company, valued at $1,348,984. The disclosure for this sale can be found here. Over the last three months, insiders have sold 164,505 shares of company stock worth $5,212,665. 2.36% of the stock is currently owned by insiders.

Brooks Automation Company Profile

Brooks Automation, Inc provides automation and cryogenic solutions for various applications and markets. It operates in 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.

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