Brother Industries (OTCMKTS:BRTHY) Shares Gap Up - What's Next?

Key Points

• Brother Industries Ltd. shares gapped up from a closing price of $34.00 to an opening price of $35.00 prior to trading on Friday, with a trading volume of 100 shares.
• Zacks Research upgraded Brother Industries from a "strong sell" to a "hold" rating, aligning with the stock's average rating of "Hold" from analysts.
• The company reported an EPS of $0.64 for its latest quarter, missing consensus estimates of $0.85, while its market capitalization stands at $4.47 billion.

Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $34.00, but opened at $35.00. Brother Industries shares last traded at $35.00, with a volume of 100 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Brother Industries from a "strong sell" rating to a "hold" rating in a research report on Monday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Brother Industries has an average rating of "Hold".

Brother Industries Stock Performance

The business's fifty day moving average price is $33.93 and its two-hundred day moving average price is $34.53. The stock has a market capitalization of $4.47 billion, a P/E ratio of 13.41 and a beta of 0.27.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.21). The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $212.05 billion. Brother Industries had a return on equity of 7.24% and a net margin of 5.71%. As a group, analysts forecast 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.

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