Daily Market Movement: Bruker Corp (BRKR) Sees a 0.37 Increase, Closing at 78.05

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The closing price of Bruker Corp (NASDAQ: BRKR) was $78.05 for the day, up 0.37% from the previous closing price of $77.76. In other words, the price has increased by $0.37 from its previous closing price. On the day, 0.81 million shares were traded. BRKR stock price reached its highest trading level at $80.64 during the session, while it also had its lowest trading level at $77.08.

Ratios:

Our analysis of BRKR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.90.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on February 14, 2024, Upgraded its rating to Overweight and sets its target price to $90 from $60 previously.

On December 19, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $72.

On December 13, 2023, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $80.Wolfe Research initiated its Outperform rating on December 13, 2023, with a $80 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’24 when Requardt Hermann Fritz sold 15,000 shares for $90.06 per share. The transaction valued at 1,350,898 led to the insider holds 23,147 shares of the business.

Busse Falko sold 28,122 shares of BRKR for $2,403,890 on Feb 28 ’24. The PRESIDENT, BIOSPIN GROUP now owns 32,859 shares after completing the transaction at $85.48 per share. On Feb 22 ’24, another insider, Prause Burkhard, who serves as the PRES. & CEO, BRUKER BEST of the company, sold 15,319 shares for $83.30 each. As a result, the insider received 1,276,073 and left with 17,065 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRKR now has a Market Capitalization of 10745222144 and an Enterprise Value of 11593908224. As of this moment, Bruker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.82, and their Forward P/E ratio for the next fiscal year is 23.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 8.23. Its current Enterprise Value per Revenue stands at 3.911 whereas that against EBITDA is 19.355.

Stock Price History:

Over the past 52 weeks, BRKR has reached a high of $94.86, while it has fallen to a 52-week low of $53.79. The 50-Day Moving Average of the stock is -10.39%, while the 200-Day Moving Average is calculated to be 8.81%.

Shares Statistics:

BRKR traded an average of 793.83K shares per day over the past three months and 843020 shares per day over the past ten days. A total of 145.16M shares are outstanding, with a floating share count of 89.28M. Insiders hold about 35.15% of the company’s shares, while institutions hold 83.14% stake in the company. Shares short for BRKR as of 1711584000 were 3316956 with a Short Ratio of 4.18, compared to 1709164800 on 4382902. Therefore, it implies a Short% of Shares Outstanding of 3316956 and a Short% of Float of 4.1199997.

Dividends & Splits

With its trailing 12-month dividend rate of 0.2, BRKR has a forward annual dividend rate of 0.20. The stock’s 5-year Average Dividend Yield is 0.3.

Earnings Estimates

The stock of Bruker Corp (BRKR) is currently in the spotlight, with BlackRock Total Return ETF analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $32.46, with high estimates of $9.37 and low estimates of $78.05.

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