NASDAQ:BRKSBrooks Automation Stock Price, Forecast & News

$39.97

-0.11 (-0.27 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$39.55

Now: $39.97▼

$40.63

50-Day Range

$30.50

MA: $36.57▼

$41.98

52-Week Range

$21.19

Now: $39.97▼

$50.35

Volume667,057 shs

Average Volume529,997 shs

Market Capitalization$2.95 billion

P/E Ratio6.56

Dividend Yield1.00%

Beta1.49

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. Its products include atmospheric and vacuum robots, robotic modules, and tool automation systems that offer precision handling and clean wafer environments; and automated cleaning and inspection systems for wafer carriers, reticle pod cleaners, and stockers. This segment also offers repair, diagnostic, and installation services, as well as spare parts and productivity enhancement upgrade services. The Brooks Life Science Systems segment provides automated cold storage systems; consumables, including various formats of racks, tubes, caps, plates, and foils; and instruments used for labeling, bar coding, capping, de-capping, auditing, sealing, peeling, and piercing tubes and plates. It also provides sample management services, such as on-site and off-site sample storage, cold chain logistics, sample transport and collection relocation, bio-processing solutions, disaster recovery, and business continuity, as well as project management and consulting. In addition, this segment offers sample intelligence software solutions and customer technology integration; laboratory work flow scheduling for life science tools and instrument work cells, sample inventory and logistics, environmental and temperature monitoring, and clinical trial and consent management, as well as planning, data management, virtualization, and visualization services; and gene sequencing analysis and synthesis services. The company serves thee semiconductor capital equipment and life sciences sample management markets in approximately 50 countries. Brooks Automation, Inc. was founded in 1978 and is headquartered in Chelmsford, Massachusetts.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Brooks Automation has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.00, Brooks Automation has a potential upside of 5.1% from its current price of $39.97.
Amount of Analyst Coverage
Brooks Automation has only been the subject of 4 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Brooks Automation has received 491 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Brooks Automation has received 358 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Brooks Automation has received 57.83% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Brooks Automation and other stocks. Vote “Outperform” if you believe BRKS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BRKS will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Brooks Automation is a leading dividend payer. It pays a dividend yield of 1.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Brooks Automation does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Brooks Automation is 51.95 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Brooks Automation will have a dividend payout ratio of 30.53 % next year. This indicates that Brooks Automation will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brooks Automation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $597,700.00 in company stock.
Percentage Held by Insiders
Only 2.66% of the stock of Brooks Automation is held by insiders.
Percentage Held by Institutions
97.26% of the stock of Brooks Automation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Brooks Automation are expected to grow by 39.36% in the coming year, from $0.94 to $1.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Brooks Automation is 6.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brooks Automation is 6.56, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 35.71.
Price to Book Value per Share Ratio
Brooks Automation has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.20 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Special industry machinery, not elsewhere classified

Sub-IndustrySemiconductor Equipment

SectorComputer and Technology

Current SymbolNASDAQ:BRKS

Previous Symbol

CUSIP11434010

CIK933974

Webwww.brooks.com

Phone978-262-2400

Debt

Debt-to-Equity Ratio0.07

Current Ratio2.91

Quick Ratio2.36

Price-To-Earnings

Trailing P/E Ratio6.56

Forward P/E Ratio42.52

P/E GrowthN/A

Sales & Book Value

Annual Sales$781.86 million

Price / Sales3.77

Cash Flow$1.54 per share

Price / Cash Flow26.02

Book Value$15.74 per share

Price / Book2.54

Profitability

EPS (Most Recent Fiscal Year)$0.77

Net Income$437.42 million

Net Margins52.96%

Return on Equity6.41%

Return on Assets4.45%

Miscellaneous

Employees2,984

Outstanding Shares73,760,000

Market Cap$2.95 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Brooks Automation (NASDAQ:BRKS) Frequently Asked Questions

How has Brooks Automation's stock been impacted by COVID-19 (Coronavirus)?

Brooks Automation's stock was trading at $30.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BRKS shares have increased by 29.8% and is now trading at $39.97. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Brooks Automation?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brooks Automation in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brooks Automation.

When is Brooks Automation's next earnings date?

Brooks Automation is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Brooks Automation.

How were Brooks Automation's earnings last quarter?

Brooks Automation, Inc (NASDAQ:BRKS) issued its quarterly earnings results on Thursday, April, 30th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.25. The semiconductor company had revenue of $220.23 million for the quarter, compared to analysts' expectations of $219.27 million. Brooks Automation had a net margin of 52.96% and a return on equity of 6.41%. The firm's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.17 EPS. View Brooks Automation's earnings history.

How often does Brooks Automation pay dividends? What is the dividend yield for Brooks Automation?

Brooks Automation announced a quarterly dividend on Thursday, April 30th. Investors of record on Friday, June 5th will be given a dividend of $0.10 per share on Friday, June 26th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Thursday, June 4th. View Brooks Automation's dividend history.

What guidance has Brooks Automation issued on next quarter's earnings?

Brooks Automation issued an update on its third quarter earnings guidance on Thursday, April, 30th. The company provided earnings per share guidance of $0.16-0.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.30. The company issued revenue guidance of $200-215 million, compared to the consensus revenue estimate of $218.33 million.

What price target have analysts set for BRKS?

6 brokerages have issued 1 year price objectives for Brooks Automation's stock. Their forecasts range from $35.00 to $50.00. On average, they anticipate Brooks Automation's share price to reach $42.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View analysts' price targets for Brooks Automation.

Has Brooks Automation been receiving favorable news coverage?

News headlines about BRKS stock have trended extremely negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brooks Automation earned a daily sentiment score of -4.6 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutBrooks Automation.

Are investors shorting Brooks Automation?

Brooks Automation saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,000,000 shares, a drop of 12.3% from the April 30th total of 4,560,000 shares. Based on an average daily trading volume, of 643,800 shares, the short-interest ratio is currently 6.2 days. Currently, 5.6% of the company's stock are short sold. View Brooks Automation's Current Options Chain.

Who are some of Brooks Automation's key competitors?

Some companies that are related to Brooks Automation include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Axcelis Technologies (ACLS), Ultra Clean (UCTT), Photronics (PLAB) and Xperi (XPER). View all competitors.

What other stocks do shareholders of Brooks Automation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brooks Automation investors own include NVIDIA (NVDA), Applied Materials (AMAT), Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), Square (SQ), AbbVie (ABBV), Adobe (ADBE), Advanced Micro Devices (AMD) and Lam Research (LRCX).

Who are Brooks Automation's key executives?

Brooks Automation's management team includes the following people:

Dr. Stephen S. Schwartz, CEO, Pres & Director (Age 60)
Mr. Lindon G. Robertson, Exec. VP & CFO (Age 57)
Mr. David C. Gray Ph.D., Sr. VP and Chief Strategy & New Bus. Officer (Age 53)
Mr. David E. Jarzynka, Pres of Semiconductor Solutions Group (Age 51)
Mr. Maurice H. Tenney III, Pres of Brooks Life Sciences (Age 56)

What is Brooks Automation's stock symbol?

Brooks Automation trades on the NASDAQ under the ticker symbol "BRKS."

Who are Brooks Automation's major shareholders?

Brooks Automation's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.29%), Wells Fargo & Company MN (3.71%), William Blair Investment Management LLC (3.61%), Silvercrest Asset Management Group LLC (3.59%), State Street Corp (3.02%) and Waddell & Reed Financial Inc. (1.77%). Company insiders that own Brooks Automation stock include Alfred Woollacott III, David C Gray, David Jarzynka, David Pietrantoni, Jason Joseph, Joseph R Martin, Lindon G Robertson, Maurice H Tenney, Stephen S Schwartz and William T Montone. View institutional ownership trends for Brooks Automation.

Which major investors are selling Brooks Automation stock?

BRKS stock was sold by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Rice Hall James & Associates LLC, BlackRock Inc., Morgan Stanley, Morgan Stanley, Bank of New York Mellon Corp, Castleark Management LLC, and Telemark Asset Management LLC. Company insiders that have sold Brooks Automation company stock in the last year include David C Gray, David Pietrantoni, Jason Joseph, Joseph R Martin, Lindon G Robertson, Stephen S Schwartz, and William T Montone. View insider buying and selling activity for Brooks Automation.

Which major investors are buying Brooks Automation stock?

BRKS stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Waddell & Reed Financial Inc., Wells Fargo & Company MN, Massachusetts Financial Services Co. MA, Jennison Associates LLC, Nuveen Asset Management LLC, State Street Corp, and Squarepoint Ops LLC. View insider buying and selling activity for Brooks Automation.

How do I buy shares of Brooks Automation?

Shares of BRKS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Brooks Automation's stock price today?

One share of BRKS stock can currently be purchased for approximately $39.97.

How big of a company is Brooks Automation?

Brooks Automation has a market capitalization of $2.95 billion and generates $781.86 million in revenue each year. The semiconductor company earns $437.42 million in net income (profit) each year or $0.77 on an earnings per share basis. Brooks Automation employs 2,984 workers across the globe.

What is Brooks Automation's official website?

The official website for Brooks Automation is www.brooks.com.

How can I contact Brooks Automation?

Brooks Automation's mailing address is 15 Elizabeth Drive, Chelmsford MA, 01824. The semiconductor company can be reached via phone at 978-262-2400 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff