Earnings Report: Here’s what to expect from Brooks Automation (NASDAQ:BRKS)

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Earnings results for Brooks Automation (NASDAQ:BRKS)

Brooks Automation, Inc. is expected* to report earnings on 11/10/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.36. The reported EPS for the same quarter last year was $0.24.

Analyst Opinion on Brooks Automation (NASDAQ:BRKS)

7 Wall Street analysts have issued ratings and price targets for Brooks Automation in the last 12 months. Their average twelve-month price target is $49.25, predicting that the stock has a possible downside of 18.88%. The high price target for BRKS is $65.00 and the low price target for BRKS is $40.00. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Brooks Automation has received a consensus rating of Buy. The company’s average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $49.25, Brooks Automation has a forecasted downside of 18.9% from its current price of $60.71. Brooks Automation has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Brooks Automation (NASDAQ:BRKS)

Brooks Automation has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends. Brooks Automation has only been increasing its dividend for 1 years. The dividend payout ratio of Brooks Automation is 51.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brooks Automation will have a dividend payout ratio of 29.85% next year. This indicates that Brooks Automation will be able to sustain or increase its dividend.

Insiders buying/selling: Brooks Automation (NASDAQ:BRKS)

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 $6,944,331.00 in company stock. Only 2.66% of the stock of Brooks Automation is held by insiders. 97.97% of the stock of Brooks Automation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Brooks Automation (NASDAQ:BRKS

Earnings for Brooks Automation are expected to grow by 17.54% in the coming year, from $1.14 to $1.34 per share. The P/E ratio of Brooks Automation is 9.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 20.45. The P/E ratio of Brooks Automation is 9.82, 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 70.99. Brooks Automation has a P/B Ratio of 3.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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