Brother Industries (OTCMKTS:BRTHY) Shares Gap Up – Should You Buy?

Brother Industries Ltd. (OTCMKTS:BRTHY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $36.55, but opened at $41.00. Brother Industries shares last traded at $41.00, with a volume of 247 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Brother Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Brother Industries Stock Performance

The stock has a 50-day simple moving average of $34.62 and a 200 day simple moving average of $34.20. The stock has a market capitalization of $5.24 billion, a P/E ratio of 15.71 and a beta of 0.25.

Brother Industries (OTCMKTS:BRTHY) last released its earnings results on Monday, November 10th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.04. Brother Industries had a return on equity of 7.24% and a net margin of 5.71%.The company had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.37 billion. Equities analysts predict that Brother Industries Ltd. will post 2.8 earnings per share for the current year.

About Brother Industries

Brother Industries, Ltd. manufactures and sells communications and printing equipment in Japan, the Americas, Europe, Asia, Oceania, the Middle East, Africa, and internationally. It operates through Printing & Solutions, Machinery, Domino, Nissei, Personal & Home, and Network & Contents segments.