Analysts expect Brooks Automation, Inc (NASDAQ:BRKS) to announce $0.23 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Brooks Automation’s earnings, with the lowest EPS estimate coming in at $0.22 and the highest estimate coming in at $0.24. Brooks Automation posted earnings of $0.21 per share during the same quarter last year, which would suggest a positive year over year growth rate of 9.5%. The business is expected to issue its next earnings report on Tuesday, February 4th.

On average, analysts expect that Brooks Automation will report full year earnings of $1.26 per share for the current fiscal year, with EPS estimates ranging from $1.20 to $1.35. For the next fiscal year, analysts anticipate that the business will post earnings of $1.59 per share, with EPS estimates ranging from $1.57 to $1.60. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Brooks Automation.

Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. Brooks Automation had a return on equity of 6.67% and a net margin of 55.99%. The firm had revenue of $200.23 million during the quarter, compared to the consensus estimate of $195.38 million. During the same quarter in the prior year, the firm posted $0.40 EPS. The business’s revenue was up 25.4% on a year-over-year basis.

A number of equities analysts have weighed in on the company. Zacks Investment Research raised Brooks Automation from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Tuesday, January 7th. Citigroup downgraded Brooks Automation from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $44.00 to $42.00 in a research report on Monday, September 23rd. BidaskClub downgraded Brooks Automation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 4th. ValuEngine downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd. Finally, TheStreet raised Brooks Automation from a “c+” rating to a “b-” rating in a research report on Wednesday, November 6th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $42.60.

In other news, SVP Jason Joseph sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $42.63, for a total transaction of $255,780.00. Following the sale, the senior vice president now owns 99,158 shares in the company, valued at approximately $4,227,105.54. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP William T. Montone sold 17,500 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $42.32, for a total value of $740,600.00. Following the sale, the senior vice president now owns 124,860 shares in the company, valued at approximately $5,284,075.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 242,148 shares of company stock valued at $10,878,556. Insiders own 2.66% of the company’s stock.

Several institutional investors have recently made changes to their positions in BRKS. Carroll Financial Associates Inc. raised its stake in shares of Brooks Automation by 475.5% during the 4th quarter. Carroll Financial Associates Inc. now owns 1,105 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 913 shares in the last quarter. Huntington National Bank raised its stake in shares of Brooks Automation by 118,500.0% during the 4th quarter. Huntington National Bank now owns 1,186 shares of the semiconductor company’s stock worth $50,000 after purchasing an additional 1,185 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Brooks Automation by 6,038.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,903 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 1,872 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Brooks Automation by 213.6% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,076 shares of the semiconductor company’s stock worth $80,000 after purchasing an additional 1,414 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in shares of Brooks Automation during the 2nd quarter worth approximately $81,000. Institutional investors own 98.64% of the company’s stock.

NASDAQ:BRKS traded down $0.53 during trading hours on Friday, reaching $43.61. 549,200 shares of the stock were exchanged, compared to its average volume of 402,925. Brooks Automation has a twelve month low of $27.19 and a twelve month high of $50.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.38 and a quick ratio of 2.01. The firm has a 50 day moving average of $42.17 and a 200 day moving average of $39.40. The stock has a market cap of $3.25 billion, a PE ratio of 56.64 and a beta of 1.37.

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend was Thursday, December 5th. Brooks Automation’s dividend payout ratio (DPR) is currently 51.95%.

About Brooks Automation

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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