Brother Industries (OTCMKTS:BRTHY) Sets New 12-Month High – Should You Buy?
by Teresa Graham · The Cerbat GemShares of Brother Industries Ltd. (OTCMKTS:BRTHY – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $42.20 and last traded at $42.20, with a volume of 260 shares changing hands. The stock had previously closed at $39.2340.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Brother Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Read Our Latest Report on BRTHY
Brother Industries Stock Up 5.5%
The firm has a 50 day moving average price of $38.37 and a 200 day moving average price of $35.68. The stock has a market capitalization of $5.39 billion, a PE ratio of 14.65 and a beta of 0.01.
Brother Industries (OTCMKTS:BRTHY – Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.37 billion. Brother Industries had a net margin of 6.19% and a return on equity of 7.84%. On average, equities analysts forecast that Brother Industries Ltd. will post 2.8 earnings per share for the current fiscal year.
About Brother Industries
Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.
Brother’s printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.