Bruker Corporation (NASDAQ:BRKR) went up by 0.81% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Medical Devices giant went up by $41.26 to trade ended Wednesday trading at $40.93. This is up from the $40.93 price recorded on Tuesday’s trading session. Thanks to this latest performance, BRKR is closer to the higher price 52-week target of $50.00 and further from the lowest price target of $27.00. Its performance from the start of the year has also been negative, with BRKR down by -19.05% year-to-date.
Bruker Corporation (BRKR) started the day trading at $40.85 and recorded an intraday high of $41.73. It also recorded an intraday low of $40.78 during Wednesday’s trading session. Bruker Corporation is a very active stock that recorded a trading volume that is less than -111.32% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 386800, which is less than -111.32 of the total average daily trading volume of 817.37K.
Bruker Corporation (NASDAQ:BRKR) 2020 Performance Impressive
The increase in BRKR’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BRKR currently stands at $54.49, which is higher than the current trading price of the stock by 24.28%. However, BRKR’s current trading price is -34.05% lower than the 52-week low price of $30.78. In terms of trading volume, Bruker Corporation currently experienced healthy participation during the last trading session. 386800 shares of Bruker Corporation were traded on the stock exchange on Wednesday, which is less than -111.32% of the 817.37K average trading volume of the stock.
The performance of the stock has been positive over the past year. BRKR’s performance over the past one year has seen it plunge by -17.56%, while the stock has gone down by -18.76% in the last six months. The quarterly performance of BRKR currently stands at 13.73%, and it is down by -4.71% in the last month. The only positive figure was from the weekly performance, which currently reads 1.43%. At the time of writing BRKR’s report, the company has a total market cap of $6.22B, making it one of the largest publicly-traded companies in the world.Bruker Corporation also has over 7230 employees all over the world.
BRKR Insider Activities
For Bruker Corporation, insiders hold 72.00% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 87,500 shares in 6 transactions. In that same period, insiders sold 2,800 of their shares in 2 transactions. After these transactions, insiders at Bruker Corporation now hold 51.74M shares, which is over 70.38% of the total company stocks. Institutional investors currently hold a large chunk of the BRKR shares, as they control 33.55% of the company’s total stock.
BRKR Fundamental Analysis
For Bruker Corporation, the stock’s diluted earnings per share (EPS) stands at 1.14. In the coming year, analysts expect the EPS to be 1.61. The stock’s EPS growth this year is 10.20%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, Bruker Corporation’s quarterly sales (YOY) is growing at 0.07, which is lower than the average annual revenue of 30.40% over the past half a decade.
The Return on Investment (ROI) on Bruker Corporation’s stock currently stands at 12.70%, and it has a net profit margin of 8.70%. The operating margin of the company is 13.50%, and its gross margin is 47.80%.
BRKR Analysts Prediction
Citigroup and BTIG Research also believe that Bruker Corporation’s stock is outperforming at the moment.
At the moment, Bruker Corporation’s Total Debt to Equity ratio stands at 1.10, and they have a long-term Debt to Equity ratio of 1.00.
BRKR Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BRKR currently stands at 1.78%, while the SMA50 is 1.32%. The biggest one is the SMA200, which is currently reading -6.98% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 53.63, while its price to earnings ratio (P/E) is 36.35.