Brother Industries (OTCMKTS:BRTHY) Reaches New 12-Month High – Should You Buy?

Brother Industries Ltd. (OTCMKTS:BRTHY)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $41.20 and last traded at $41.20, with a volume of 134 shares changing hands. The stock had previously closed at $38.65.

Analyst Upgrades and Downgrades

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

Brother Industries Stock Up 6.6%

The stock has a fifty day moving average of $35.51 and a 200-day moving average of $34.51. The firm has a market capitalization of $5.27 billion, a P/E ratio of 15.79 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, beating analysts’ consensus estimates of $0.84 by $0.04. Brother Industries had a net margin of 5.71% and a return on equity of 7.24%. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.37 billion. Sell-side analysts predict that Brother Industries Ltd. will post 2.8 EPS for the current fiscal 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.