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Brother Industries (OTCMKTS:BRTHY) Shares Gap Down - Should You Sell?

Brother Industries logo with Computer and Technology background

Key Points

  • Brother Industries shares gapped down from a previous close of $36.00 to an open of $34.00, with recent trading at the same price and a volume of 359 shares.
  • Zacks Research upgraded Brother Industries from a "strong sell" to a "hold" rating, although the stock currently has a consensus rating of "Hold."
  • The company reported earnings of $0.64 per share, missing the consensus estimate of $0.85, and had a net margin of 5.71% for the last quarter.
  • Five stocks to consider instead of Brother Industries.

Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $36.00, but opened at $34.00. Brother Industries shares last traded at $34.00, with a volume of 359 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Brother Industries from a "strong sell" rating to a "hold" rating in a research report on Monday, September 15th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold".

Read Our Latest Stock Analysis on BRTHY

Brother Industries Stock Performance

The firm has a market capitalization of $4.35 billion, a PE ratio of 13.03 and a beta of 0.27. The company has a fifty day moving average price of $34.19 and a 200-day moving average price of $34.09.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.21). The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $212.05 billion. Brother Industries had a net margin of 5.71% and a return on equity of 7.24%. On average, equities analysts predict that Brother Industries Ltd. will post 2.8 earnings per share for the current year.

About Brother Industries

(Get Free Report)

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.

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