What does Average Directional Index Predict about Briggs & Stratton Corporation (NYSE:BGG)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Briggs & Stratton Corporation (NYSE:BGG) for the period of 9-Day stands at 65.97% while the stochastic %D for the same period stands at 72.39%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Briggs & Stratton Corporation (NYSE:BGG) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Briggs & Stratton Corporation (NYSE:BGG) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Briggs & Stratton Corporation (NYSE:BGG)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Briggs & Stratton Corp. is one of the world’s largest producers of air cooled gasoline engines for outdoor power equipment. The company designs, manufactures, markets and services these products for original equipment manufacturers worldwide. These engines are primarily aluminum alloy gasoline engines.

Previous Day Activity Analysis

On the last trading day, Briggs & Stratton Corporation (NYSE:BGG) opened the session at $22.85 and after going down -6.01% closed at $22.98. The stock gained 0.13 points in the last trade.

Briggs & Stratton Corporation (NYSE:BGG)’s stock fluctuated in the range of $21.85 and $23.70 during the previous active session. Briggs & Stratton Corporation (NYSE:BGG) traded with the volume of 680423 with average volume of 214.34 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.78 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.55 and 47.78 respectively.

Currently the Insider Ownership of the shares of Briggs & Stratton Corporation (NYSE:BGG) is at 1.7% and the shares outstanding are 42.84 Million.

Important Ratio Analysis

Some important ratios to consider here for Briggs & Stratton Corporation (NYSE:BGG) are discussed below:

Dividend yield of Briggs & Stratton Corporation (NYSE:BGG) stands at 2.44% whereas Price to Earnings P/E ratio stands at 17.52 while Forward P/E shows the value of 14.21.

The Price to Sale P/S and Price to Book P/B shows the value of 0.55 and 1.73 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 15.96 and 0 correspondingly.

The Quick Ratio of Briggs & Stratton Corporation (NYSE:BGG) stands at 1 while the Current Ratio depicts the value of 2.1.

Return on Assets ROA of Briggs & Stratton Corporation (NYSE:BGG) is at 3.7% whereas, Return on Equity ROE and Return of Investment ROI of Briggs & Stratton Corporation (NYSE:BGG) stand at 11% and 9.5% respectively.

The payout ratio of Briggs & Stratton Corporation (NYSE:BGG) stands at 42.2%.

Stock Performance Analysis

The stock performance of Briggs & Stratton Corporation (NYSE:BGG) on the basis of 5 day trade show the dip of -4.13% whereas, the monthly performance of the stock shows increase of 3.05%.

The quarterly performance of the stock remained in red zone with the value of -4.77% while six month performance of the shares of Briggs & Stratton Corporation (NYSE:BGG) remained bullish with the count of 8.55%.

The yearly and YTD performance of Briggs & Stratton Corporation (NYSE:BGG) remained up at 20.95% and 3.23% respectively.