Brooks Automation (BRKS) Falls: Stock Goes Down 5.4% – Tale of the Tape

This stock, trading at a volatile range of $12.58–$13.37 since Jan 21, showed a sharp decline on Friday at $12.65.

On Feb 5, Brooks Automation reported first-quarter fiscal 2015 earnings of 5 cents per share, missing the Zacks Consensus Estimate of 7 cents by 28.6%. Earnings also plummeted 28.6% year-over-year.

This slump shouldn’t be too much of a surprise to investors, as the electrical equipment manufacturer has seen 1 negative revision in the past few weeks and its current quarter earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

BRKS currently has a Zacks Rank #4 (Sell).

A better-ranked stock in the same industry is Kulicke and Soffa Industries, Inc. (KLIC), which currently carries a Zacks Rank #1 (Strong Buy).

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