Brooks Automation (BRKS) Posts Earnings Results

Doris Richards
February 25, 2018

Selkirk Management Llc who had been investing in Chegg Inc for a number of months, seems to be bullish on the $2.24B market cap company. The stock increased 0.26% or $0.21 during the last trading session, reaching $81.05. About 508,951 shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 24, 2017 and is uptrending. It has outperformed by 19.67% the S&P500. Brooks Automation has a 12 month low of $20.48 and a 12 month high of $34.77. Following the completion of the transaction, the chief financial officer now owns 158,320 shares in the company, valued at approximately $4,591,280. The hedge fund held 268,000 shares of the consumer services company at the end of 2017Q3, valued at $3.98M, up from 200,000 at the end of the previous reported quarter. The company has a market capitalization of $1,860.00, a P/E ratio of 28.96 and a beta of 0.95.

The stock increased 2.77% or $0.73 during the last trading session, reaching $27.08. Profit Ltd Liability holds 0.31% or 3,900 shares in its portfolio. Brooks Automation, Inc. (NASDAQ:BRKS) has risen 181.96% since February 24, 2017 and is uptrending. It has outperformed by 146.46% the S&P500.

Zacks Investment Research lowered shares of Brooks Automation from a "buy" rating to a "hold" rating in a research note on Friday, November 10th. Therefore 75% are positive. Brooks Automation had a return on equity of 14.43% and a net margin of 9.03%. $203,692 worth of Brooks Automation, Inc.

Brooks Automation, Inc is a provider of automation and cryogenic solutions for various applications and markets. (NASDAQ:BRKS) for 13,802 shares. Needham maintained Brooks Automation, Inc. (NASDAQ:BRKS). Kennedy Management reported 307,682 shares. The rating was maintained by Credit Suisse on Thursday, August 3 with "Neutral". (NASDAQ:BRKS) was sold by Pietrantoni David on Tuesday, February 20. As per Friday, February 2, the company rating was maintained by Stephens. On Friday, August 14 the stock rating was maintained by Citigroup with "Neutral". Brooks Automation has an average rating of "Buy" and an average price target of $32.88. As per Wednesday, October 12, the company rating was upgraded by Citigroup. Moreover, State Street has 0% invested in Brooks Automation, Inc. (NASDAQ:BRKS) to report earnings on April, 26. During the same period in the previous year, the firm earned $0.25 earnings per share. During the same period in the previous year, the company posted $0.25 EPS. equities research analysts anticipate that Brooks Automation, Inc will post 1.4 earnings per share for the current year.

Usa Financial Portformulas Corp, which manages about $270.85M and $420.11 million US Long portfolio, upped its stake in Packaging Corp Amer (NYSE:PKG) by 18,335 shares to 26,007 shares, valued at $2.98M in 2017Q3, according to the filing. The company's revenue for the quarter was up 18.4% on a year-over-year basis.


Investors sentiment decreased to 1.24 in 2017 Q3. This represents a $0.40 annualized dividend and a dividend yield of 1.52%.

Hedge funds have recently bought and sold shares of the business. 39 funds opened positions while 70 raised stakes. 102.60 million shares or 21.13% more from 84.70 million shares in 2017Q2 were reported. Alps invested in 0% or 17,545 shares. Advisory holds 0.06% or 239,812 shares. Global X Management Co. Deutsche Bank Ag has invested 0.02% in Brooks Automation, Inc.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings results on Thursday, February 1st. (NASDAQ:BRKS). Pub Employees Retirement Sys Of Ohio stated it has 0% in Brooks Automation, Inc. The legal version of this report can be read at https://www.thelincolnianonline.com/2018/02/24/brooks-automation-inc-brks-position-lessened-by-comerica-bank.html. (NASDAQ:BRKS) for 1.66M shares. Schwab Charles Inv Mngmt accumulated 426,160 shares. State Of Alaska Department Of Revenue, Alaska-based fund reported 13,802 shares. Moreover, Columbus Circle has 0.1% invested in Brooks Automation, Inc. (NASDAQ:BRKS) or 54,188 shares. Guggenheim Cap Limited Liability Com has invested 0% of its portfolio in Brooks Automation, Inc.

Since January 19, 2018, it had 0 insider purchases, and 5 sales for $1.22 million activity. BidaskClub upgraded Brooks Automation from a "hold" rating to a "buy" rating in a research note on Friday. Fmr Ltd reported 2.49M shares stake. Tenney Maurice H. also sold $280,000 worth of Brooks Automation, Inc. Time Warner Inc now has $73.87 billion valuation. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Brooks Automation by 104.1% in the fourth quarter. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company's stock. Therefore 43% are positive. The firm has "Sell" rating given on Wednesday, August 19 by Pritchard Capital. Needham has "Buy" rating and $14 target. (NYSE:TWX) earned "Hold" rating by Needham on Monday, September 25. The stock of The Procter & Gamble Company (NYSE:PG) has "Hold" rating given on Thursday, December 22 by SunTrust. The rating was upgraded by Morgan Stanley to "Overweight" on Wednesday, January 24. The firm earned "Buy" rating on Thursday, January 4 by Guggenheim. The rating was maintained by RBC Capital Markets with "Sector Perform" on Thursday, February 25. The stock of The Procter & Gamble Company (NYSE:PG) has "Strong-Buy" rating given on Friday, August 7 by Vetr.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER