Bruker (BRKR) Earning Somewhat Positive News Coverage, Report Finds
Press coverage about Bruker (NASDAQ:BRKR) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bruker earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the medical research company an impact score of 45.0975377541879 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Bruker announces acquisition of Lactotronic (seekingalpha.com)
- Bruker Announces Acquisition of Lactotronic to Expand Technology and Product Portfolio for Food Analysis in the Dairy Industry (finance.yahoo.com)
- $434.72 Million in Sales Expected for Bruker Co. (BRKR) This Quarter (americanbankingnews.com)
- Bruker Launches New Sierra™ SPR-32 High-Performance Surface Plasmon Resonance System at SLAS Europe 2018 (finance.yahoo.com)
- $0.26 Earnings Per Share Expected for Bruker Co. (BRKR) This Quarter (americanbankingnews.com)
Bruker stock traded up $0.20 during trading on Tuesday, hitting $29.13. The company’s stock had a trading volume of 10,858 shares, compared to its average volume of 586,093. The firm has a market capitalization of $4.53 billion, a P/E ratio of 24.03, a PEG ratio of 1.85 and a beta of 1.17. Bruker has a 1-year low of $26.98 and a 1-year high of $36.53. The company has a current ratio of 2.22, a quick ratio of 1.29 and a debt-to-equity ratio of 0.26.
The company also recently declared a quarterly dividend, which was paid on Friday, June 22nd. Shareholders of record on Monday, June 4th were paid a dividend of $0.04 per share. The ex-dividend date was Friday, June 1st. This represents a $0.16 annualized dividend and a yield of 0.55%. Bruker’s dividend payout ratio is presently 13.22%.
Several analysts have recently issued reports on the company. BTIG Research set a $42.00 price objective on Bruker and gave the company a “buy” rating in a research report on Sunday, May 6th. BidaskClub upgraded Bruker from a “hold” rating to a “buy” rating in a research report on Wednesday, May 23rd. Zacks Investment Research downgraded Bruker from a “buy” rating to a “hold” rating in a research report on Friday, June 8th. Bank of America reduced their price objective on Bruker from $37.00 to $34.00 and set a “neutral” rating on the stock in a research report on Friday, May 4th. Finally, Morgan Stanley dropped their target price on Bruker from $32.00 to $31.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 11th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $32.91.
Bruker Corporation manufactures and distributes scientific instruments, and analytical and diagnostic solutions in the United States, Europe, the Asia Pacific, and internationally. The company operates in two segments, Bruker Scientific Instruments, and Bruker Energy & Supercon Technologies. It offers life science tools based on magnetic resonance technology; life science mass spectrometry and ion mobility spectrometry systems; infrared spectroscopy and radiological/nuclear detectors for chemical, biological, radiological, nuclear, and explosive detection in emergency response, homeland security, and defense applications; and research, analytical, and process analysis instruments and solutions based on infrared and Raman molecular spectroscopy technologies.
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