Looking To Buy Bruker Corporation (BRKR)? Read This First

Bruker Corporation (NASDAQ:BRKR) saw an upside of 0.10% to close Friday at $78.18 after adding $0.08 on the day. The 5-day average trading volume is 849,860 shares of the company’s common stock. It has gained $84.25 in the past week and touched a new high 1 time within the past 5 days. An average of 761,085 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 662,364.

BRKR’s 1-month performance is -12.52% or -$11.19 on its low of $75.51 reached on 10/01/21. The company’s shares have touched a 52-week low of $38.66 and high of $92.35, with the stock’s rally to the 52-week high happening on 09/09/21. YTD, BRKR has achieved 44.43% or $24.05 and has reached a new high 45 times. However, the current price is down -15.34%% from the 52-week high price.


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Insider Transactions

On Sep 02, 30 days have gone by since the last insider trading activity for Bruker Corporation (BRKR). Srega Juergen (Group President Bruker CALID) most recently sold 202,216 shares at $89.54 per share on Sep 02. This transaction cost the insider $18,106,360. Pres. & CEO, Bruker EST, Prause Burkhard, sold 10,446 shares at a price of $83.66 on Aug 16. Then, on Aug 16, CEO, President LAUKIEN FRANK H sold 71,594 shares at a price of $83.83 per share. This transaction amounted to $6,001,775.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 73.94 and a low of 22.29. BRKR stock has a beta of 1.28. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.23 while the price-to-book (PB) in the most recent quarter is 11.81, with the price to cash flow ratio at 41.25.

Bruker Corporation pays an annual dividend of $0.16 per share. Its dividend yield is 0.20% and the payout ratio is 10.30%. BRKR’s most recent quarterly dividend payment was made on Sep. 17, when it paid $0.04 a share compared with prior rate of $0.04, down 0.0% from last year’s.

It is projected that Bruker Corporation’s next ex-dividend date will be on 1-Dec. BRKR is expected to distribute $0.04 as its next dividend.

Bruker Corporation’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 2.10 meaning that BRKR stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.72, while the total debt to equity was 0.83. In terms of profitability, the gross margin trailing 12 months is 49.50%The trailing 12-month EBITDA margin is 17.86% while for the period ending June 29; Bruker Corporation’s operating margin was 16.30%. The firm’s gross profit as reported stood at $939.8 million against revenue of $1.99 billion.

The effectiveness of a company’s management is also important for investors when it comes to determining the potential profitability of the investment. Bruker Corporation’s return on assets over the past 12 months stands at 7.90%. Return on investment over the past year is 10.20%, while its return on equity (ROE) trailing 12 months is 24.50%. In comparison, the average ROE for the broader industry over the past year is 1.94.

Earnings Surprise

For the quarterly period ending June 29 this year, Bruker Corporation’s cash and short-term investments amounted to $97.9 million against total debt of $868.7 million. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 25.72% to $570.8 million, while revenue of $554.7 million was 2.82% off the previous quarter. Analysts expected BRKR to announce $0.38 per share in earnings in its latest quarter, but it posted $0.44, representing a 15.80% surprise. EBITDA for the quarter stood at more than $107.2 million. BRKR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.07 billion, with total debt at $868.7 million. Shareholders hold equity totaling $151.02 million

Technical Picture

Let’s look briefly at Bruker Corporation (BRKR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 23.40% to suggest the stock is trending oversold, with historical volatility in this time period at 33.40%.

The stock’s 5-day moving average is $78.84, reflecting a -7.57% or -$6.40 change from its current price. BRKR is currently trading -13.90% above its 20-day SMA, +13.06% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -4.07% and +43.29% respectively.

Stochastic %K and %D was 16.94% and 14.84% and the average true range (ATR) pointed at 2.49. The RSI (14) points at 30.00%, while the 14-day stochastic is at 24.38% with the period’s ATR at 2.31. The stock’s 9-day MACD Oscillator is pointing at -2.58 and -3.67 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Bruker Corporation (NASDAQ: BRKR), Cleveland Research upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for BRKR stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate BRKR as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

What is BRKR’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $68.00 and a high of $100.00, with their median price target at $85.00. Looking at these predictions, the average price target given by analysts is for Bruker Corporation (BRKR) stock is $83.58.

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