NASDAQ:AZTA Azenta (AZTA) Stock Forecast, Price & News $45.02 -0.96 (-2.09%) (As of 02:27 PM ET) Add Compare Share Share Today's Range$44.86▼$46.2750-Day Range$36.45▼$46.1252-Week Range$36.01▼$78.14Volume386,472 shsAverage Volume1.11 million shsMarket Capitalization$2.93 billionP/E RatioN/ADividend YieldN/APrice Target$64.20 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Azenta MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside42.1% Upside$64.20 Price TargetShort InterestHealthy9.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.07Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth300.00%From $0.15 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.37 out of 5 starsMedical Sector149th out of 981 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry3rd out of 14 stocks 3.4 Analyst's Opinion Consensus RatingAzenta has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.20, Azenta has a forecasted upside of 42.1% from its current price of $45.19.Amount of Analyst CoverageAzenta has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted9.36% of the float of Azenta has been sold short.Short Interest Ratio / Days to CoverAzenta has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Azenta has recently decreased by 15.42%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAzenta does not currently pay a dividend.Dividend GrowthAzenta does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AZTA. Previous Next 2.8 News and Social Media Coverage News SentimentAzenta has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Azenta this week, compared to 3 articles on an average week.Search Interest7 people have searched for AZTA on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Azenta insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.67% of the stock of Azenta is held by insiders.Percentage Held by Institutions96.42% of the stock of Azenta is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Azenta are expected to grow by 300.00% in the coming year, from $0.15 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Azenta is -71.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Azenta is -71.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAzenta has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Azenta (NASDAQ:AZTA) StockAzenta, Inc. provides life science sample exploration and management solutions for the life sciences market in North America, Europe, China, the Asia Pacific, and internationally. The company operates through two reportable segments, Life Sciences Products and Life Sciences Services. The Life Sciences Products segment offers automated cold sample management systems for compound and biological sample storage; equipment for sample preparation and handling; consumables; and instruments that help customers in managing samples throughout their research discovery and development workflows. The Life Sciences Services segment provides comprehensive sample management programs, integrated cold chain solutions, informatics, and sample-based laboratory services to advance scientific research and support drug development. This segment's services include sample storage, genomic sequencing, gene synthesis, laboratory processing, laboratory analysis, biospecimen procurement, and other support services. It serves a range of life science customers, including pharmaceutical companies, biotechnology companies, biorepositories, and research institutes. The company was formerly known as Brooks Automation, Inc. and changed its name to Azenta, Inc. in December 2021. Azenta, Inc. was founded in 1978 and is headquartered in Burlington, Massachusetts.Read More Receive AZTA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Azenta and its competitors with MarketBeat's FREE daily newsletter. Email Address AZTA Stock News HeadlinesJune 6, 2023 | finance.yahoo.comAzenta Insiders Added US$752k Of Stock To Their HoldingsMay 31, 2023 | markets.businessinsider.comVazyme Signs Global Strategic Cooperation Agreement with AzentaJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 25, 2023 | finance.yahoo.comAzenta (AZTA) Declined on Weak Management GuidanceMay 24, 2023 | finance.yahoo.comAzenta Announces Collaboration with the Lupus Research Alliance to Support the Advancement of Lupus Research and Drug DiscoveryMay 20, 2023 | americanbankingnews.comAzenta, Inc. (NASDAQ:AZTA) Receives Average Rating of "Moderate Buy" from AnalystsMay 17, 2023 | finance.yahoo.comAzenta to Participate in the 23rd Annual B. Riley Securities Institutional Investor ConferenceMay 14, 2023 | americanbankingnews.comKeyCorp Comments on Azenta, Inc.'s Q3 2023 Earnings (NASDAQ:AZTA)June 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 12, 2023 | msn.comAzenta hits 52-week low after Q2 missMay 12, 2023 | americanbankingnews.comAzenta (NASDAQ:AZTA) Hits New 1-Year Low After Earnings MissMay 11, 2023 | finance.yahoo.comWhat Does The Future Hold For Azenta, Inc. (NASDAQ:AZTA)? These Analysts Have Been Cutting Their EstimatesMay 11, 2023 | americanbankingnews.comAzenta (NASDAQ:AZTA) Price Target Lowered to $55.00 at Needham & Company LLCMay 10, 2023 | markets.businessinsider.comAnalyst Ratings for AzentaMay 10, 2023 | americanbankingnews.comAzenta (NASDAQ:AZTA) Issues Q3 Earnings GuidanceMay 9, 2023 | finance.yahoo.comAzenta Reports Results of Second Quarter of Fiscal 2023 and Announces Business RealignmentMay 8, 2023 | benzinga.comAzenta's Earnings OutlookMay 8, 2023 | americanbankingnews.comAzenta (AZTA) to Release Quarterly Earnings on TuesdayMay 8, 2023 | americanbankingnews.comReviewing Azenta (NASDAQ:AZTA) and Sumitomo Heavy Industries (OTCMKTS:SOHVY)May 3, 2023 | finance.yahoo.comAzenta Announces Fiscal 2023 Second Quarter Earnings Conference Call and WebcastApril 28, 2023 | finance.yahoo.comHere’s Why Polen Capital Sold Azenta (AZTA)April 28, 2023 | americanbankingnews.comShort Interest in Azenta, Inc. (NASDAQ:AZTA) Rises By 53.8%April 25, 2023 | americanbankingnews.comAzenta, Inc. (NASDAQ:AZTA) Given Consensus Rating of "Moderate Buy" by BrokeragesApril 22, 2023 | americanbankingnews.comAzenta (NASDAQ:AZTA) Earns "Buy" Rating from Needham & Company LLCApril 19, 2023 | msn.comNeedham Maintains Azenta (AZTA) Buy RecommendationApril 13, 2023 | finance.yahoo.comAzenta to Participate in the 22nd Annual Needham Virtual Healthcare ConferenceApril 10, 2023 | forbes.comRecent Employment Data Could Mean Some Respite From Rising Interest Rates For Investors - Forbes AI Newsletter April 8thSee More Headlines AZTA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AZTA Company Calendar Last Earnings5/09/2023Today6/08/2023Next Earnings (Estimated)8/08/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:AZTA CUSIPN/A CIK933974 Webwww.brooks.com Phone(978) 262-2400Fax978-262-2500Employees3,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$64.20 High Stock Price Forecast$70.00 Low Stock Price Forecast$55.00 Forecasted Upside/Downside+42.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.63) Trailing P/E RatioN/A Forward P/E Ratio301.27 P/E GrowthN/ANet Income$2.13 billion Net Margins-7.79% Pretax Margin-4.06% Return on Equity0.81% Return on Assets0.72% Debt Debt-to-Equity RatioN/A Current Ratio7.46 Quick Ratio6.75 Sales & Book Value Annual Sales$555.50 million Price / Sales5.30 Cash Flow$1.21 per share Price / Cash Flow37.27 Book Value$44.83 per share Price / Book1.01Miscellaneous Outstanding Shares65,170,000Free Float64,079,000Market Cap$2.95 billion OptionableOptionable Beta1.56 Key ExecutivesDr. Stephen S. Schwartz (Age 64)CEO, Pres & Director Comp: $1.17MMr. Lindon G. Robertson (Age 61)Exec. VP & CFO Comp: $1MMs. Vandana Sriram (Age 49)Sr. VP of Global Fin., Corp. Controller & Principal Accounting Officer Comp: $800.2kMr. Jason W. Joseph (Age 52)Sr. VP, Gen. Counsel & Corp. Sec. Comp: $651.75kMr. Michael PauloVP and Chief Information & Digital OfficerSara SilvermanHead of Investor Relations & Corp. CommunicationsMr. John E. O'Brien (Age 53)Sr. VP of Corp. Devel. Dr. Claribel PurcellSr. VP of Global SalesMr. J. Robert WoodwardSr. VP of Global Quality & RegulatoryMr. David C. Gray Ph.D. (Age 57)Sr. VP and Chief Strategy & New Bus. Officer More ExecutivesKey CompetitorsRevolution MedicinesNASDAQ:RVMDPrivia Health GroupNASDAQ:PRVAInModeNASDAQ:INMDAmedisysNASDAQ:AMEDEnovisNYSE:ENOVView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 106,742 shares on 6/1/2023Ownership: 1.588%Ameriprise Financial Inc.Bought 5,601 shares on 5/22/2023Ownership: 0.294%JPMorgan Chase & Co.Bought 1,615,328 shares on 5/18/2023Ownership: 4.632%New York State Common Retirement FundSold 125,242 shares on 5/18/2023Ownership: 0.363%Thrivent Financial for LutheransBought 249,802 shares on 5/17/2023Ownership: 0.414%View All Insider TransactionsView All Institutional Transactions AZTA Stock - Frequently Asked Questions Should I buy or sell Azenta stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Azenta in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AZTA shares. View AZTA analyst ratings or view top-rated stocks. What is Azenta's stock price forecast for 2023? 4 Wall Street analysts have issued 1 year target prices for Azenta's stock. Their AZTA share price forecasts range from $55.00 to $70.00. On average, they anticipate the company's share price to reach $64.20 in the next twelve months. This suggests a possible upside of 42.1% from the stock's current price. View analysts price targets for AZTA or view top-rated stocks among Wall Street analysts. How have AZTA shares performed in 2023? Azenta's stock was trading at $58.22 at the beginning of 2023. Since then, AZTA stock has decreased by 22.4% and is now trading at $45.19. View the best growth stocks for 2023 here. Are investors shorting Azenta? Azenta saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,980,000 shares, a decrease of 15.4% from the April 30th total of 7,070,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the short-interest ratio is presently 5.0 days. Currently, 9.4% of the shares of the stock are short sold. View Azenta's Short Interest. When is Azenta's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our AZTA earnings forecast. How were Azenta's earnings last quarter? Azenta, Inc. (NASDAQ:AZTA) released its earnings results on Tuesday, May, 9th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.02. The company earned $148.40 million during the quarter, compared to analysts' expectations of $161.90 million. Azenta had a negative net margin of 7.79% and a positive trailing twelve-month return on equity of 0.81%. The company's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 earnings per share. What ETFs hold Azenta's stock? ETFs with the largest weight of Azenta (NASDAQ:AZTA) stock in their portfolio include ROBO Global Robotics & Automation ETF (ROBO), Harbor Health Care ETF (MEDI), ROBO Global Healthcare Technology and Innovation ETF (HTEC), BlackRock Future Innovators ETF (BFTR), Syntax Stratified MidCap ETF (SMDY), Invesco S&P MidCap Quality ETF (XMHQ), Invesco Nasdaq Future Gen 200 ETF (QQQS) and Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC). What guidance has Azenta issued on next quarter's earnings? Azenta issued an update on its third quarter earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of ($0.07)-$0.03 for the period, compared to the consensus earnings per share estimate of $0.06. The company issued revenue guidance of $150-$168 million, compared to the consensus revenue estimate of $170.72 million. What is Azenta's stock symbol? Azenta trades on the NASDAQ under the ticker symbol "AZTA." Who are Azenta's major shareholders? Azenta's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.81%), Kayne Anderson Rudnick Investment Management LLC (6.46%), JPMorgan Chase & Co. (4.63%), Allspring Global Investments Holdings LLC (3.43%), State Street Corp (3.03%) and Brown Advisory Inc. (2.60%). Insiders that own company stock include Jesus Linda De, Kimberly Crowley, Lindon G Robertson and Matthew Mcmanus. View institutional ownership trends. How do I buy shares of Azenta? Shares of AZTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Azenta's stock price today? One share of AZTA stock can currently be purchased for approximately $45.19. How much money does Azenta make? Azenta (NASDAQ:AZTA) has a market capitalization of $2.95 billion and generates $555.50 million in revenue each year. The company earns $2.13 billion in net income (profit) each year or ($0.63) on an earnings per share basis. How many employees does Azenta have? The company employs 3,100 workers across the globe. How can I contact Azenta? Azenta's mailing address is 15 Elizabeth Dr, Chelmsford, Massachusetts 01824-4111. The official website for the company is www.brooks.com. The company can be reached via phone at (978) 262-2400, via email at investor@brooks.com, or via fax at 978-262-2500. This page (NASDAQ:AZTA) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Azenta, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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