Media stories about Brooks Automation (NASDAQ:BRKS) have been trending somewhat positive recently, according to Alpha One Sentiment Analysis. The research firm, a unit of Accern, scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brooks Automation earned a news sentiment score of 0.16 on Alpha One’s scale. Alpha One also assigned media stories about the semiconductor company an impact score of 22 out of 100, indicating that recent media coverage is very unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected AlphaOne Sentiment Analysis’s analysis:
- Brooks Automation, Inc. breached its 50 day moving average in a Bearish Manner : BRKS-US : June 15, 2017 (finance.yahoo.com)
- Brooks Automation, Inc. (BRKS) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
- Top Stock Picks for the Week of June 12th (finance.yahoo.com)
- Brooks Automation, Inc. (BRKS) Given “Buy” Rating at B. Riley (americanbankingnews.com)
- What Story Are The Numbers Telling For Brooks Automation, Inc. (NasdaqGS:BRKS) – Financial Newsweek (finnewsweek.com)
BRKS has been the subject of a number of recent analyst reports. Citigroup Inc. upped their price objective on Brooks Automation to $26.00 and gave the company a “buy” rating in a research note on Monday, March 20th. Zacks Investment Research downgraded Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, April 4th. B. Riley reiterated a “buy” rating and set a $30.00 price target on shares of Brooks Automation in a research note on Friday, April 28th. Needham & Company LLC increased their price target on Brooks Automation from $22.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, April 28th. Finally, BidaskClub downgraded Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Two analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $24.14.
Brooks Automation (NASDAQ:BRKS) traded down 0.60% on Friday, hitting $24.81. The stock had a trading volume of 1,170,079 shares. Brooks Automation has a 52 week low of $10.80 and a 52 week high of $30.23. The firm has a 50-day moving average of $27.18 and a 200 day moving average of $21.52. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 36.43 and a beta of 0.96.
Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Thursday, April 27th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.03. Brooks Automation had a return on equity of 8.47% and a net margin of 7.41%. The business had revenue of $169.30 million during the quarter, compared to analyst estimates of $167.16 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. Brooks Automation’s revenue for the quarter was up 25.1% on a year-over-year basis. On average, analysts predict that Brooks Automation will post $1.10 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 23rd. Shareholders of record on Friday, June 2nd will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.61%. The ex-dividend date is Wednesday, May 31st. Brooks Automation’s dividend payout ratio is presently 59.70%.
COPYRIGHT VIOLATION WARNING: “Somewhat Positive Press Coverage Very Unlikely to Impact Brooks Automation (BRKS) Share Price” was published by WKRB News and is owned by of WKRB News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.wkrb13.com/markets/2230748/somewhat-positive-press-coverage-very-unlikely-to-impact-brooks-automation-brks-share-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.
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2230748/somewhat-positive-press-coverage-very-unlikely-to-impact-brooks-automation-brks-share-price.html
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.