Brooks Automation Inc. (NASDAQ: BRKS) is 61.70% higher on its value in year-to-date trading and has touched a low of $21.19 and a high of $77.44 in the current 52-week trading range. The BRKS stock was last observed hovering at around $73.72 in the last trading session, with the day’s loss setting it -5.87% off its average median price target of $77.00 for the next 12 months. It is also 25.44% off the consensus price target high of $91.00 offered by 7 analysts, but current levels are -16.98% lower than the price target low of $58.00 for the same period.
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Currently trading at $67.85, the stock is -7.83% and 3.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing -7.96% at the moment leaves the stock 39.84% off its SMA200. BRKS registered 58.16% gain for a year compared to 6-month gain of 52.61%. The firm has a 50-day simple moving average (SMA 50) of $72.29 and a 200-day simple moving average (SMA200) of $54.50.
The stock witnessed a -7.57% loss in the last 1 month and extending the period to 3 months gives it a 40.19%, and is -7.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.35% over the week and 4.18% over the month.
Brooks Automation Inc. (BRKS) has around 3200 employees, a market worth around $5.47B and $897.30M in sales. Current P/E ratio is 77.10 and Fwd P/E is 32.10. Profit margin for the company is 7.20%. Distance from 52-week low is 220.20% and -12.38% from its 52-week high. The company has generated returns on investments over the last 12 months (5.40%).
Brooks Automation Inc. (BRKS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Brooks Automation Inc. (BRKS) is a “Overweight”. 7 analysts offering their recommendations for the stock have an average rating of 2.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Brooks Automation Inc. is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at $0.41 with sales reaching $243.62M over the same period.The EPS is expected to grow by 286.60% this year, but quarterly earnings will post 12.30% year-over-year. Quarterly sales are estimated to grow 17.60% in year-over-year returns.
Brooks Automation Inc. (BRKS) Top Institutional Holders
385 institutions hold shares in Brooks Automation Inc. (BRKS), with 1.15M shares held by insiders accounting for 1.58% while institutional investors hold 101.85% of the company’s shares. The shares outstanding are 73.81M, and float is at 73.01M with Short Float at 3.47%. Institutions hold 100.24% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 11.08 million shares valued at $512.7 million. The investor’s holdings represent 14.93% of the BRKS Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 7.86 million shares valued at $363.82 million to account for 10.60% of the shares outstanding. The other top investors are Kayne Anderson Rudnick Investment Management LLC which holds 4.2 million shares representing 5.65% and valued at over $194.12 million, while William Blair Investment Management, LLC holds 5.19% of the shares totaling 3.85 million with a market value of $178.04 million.
Brooks Automation Inc. (BRKS) Insider Activity
The most recent transaction is an insider sale by Vacha Robin, the company’s SVP, GM BLS-Products. SEC filings show that Vacha Robin sold 6,490 shares of the company’s common stock on Nov 18 at a price of $69.62 per share for a total of $0.45 million. Following the sale, the insider now owns 18575.0 shares.
Brooks Automation Inc. disclosed in a document filed with the SEC on Nov 18 that SCHWARTZ STEPHEN S (CEO) sold a total of 27,822 shares of the company’s common stock. The trade occurred on Nov 18 and was made at $69.62 per share for $1.94 million. Following the transaction, the insider now directly holds 0.38 million shares of the BRKS stock.
Still, SEC filings show that on Nov 18, Robertson Lindon G (EVP & Chief Financial Officer) disposed off 13,983 shares at an average price of $69.62 for $0.97 million. The insider now directly holds 77,266 shares of Brooks Automation Inc. (BRKS).
Brooks Automation Inc. (BRKS): Who are the competitors?
The company’s main competitors (and peers) include Entegris Inc. (ENTG) that is trading 88.54% up over the past 12 months. Advanced Energy Industries Inc. (AEIS) is 35.21% up on the 1-year trading charts. Short interest in the company’s stock has fallen -13.04% from the last report on Nov 12, 2020 to stand at a total of 2.86 million short shares sold with a short interest ratio of 4.3.