Last Updated: 14 Sep 2024
Executive Summary
Berkshire Hathaway Inc. (BRK-A) is a multinational conglomerate holding company with a diverse portfolio of businesses. The company's strong financial performance and long-term investment strategy have made it a popular choice for investors. Currently trading at $671749.99, Berkshire Hathaway is considered a strong buy by analysts.
Company Overview
Berkshire Hathaway is headquartered in Omaha, Nebraska, and owns a wide range of businesses, including insurance, energy, manufacturing, and retail. Notable subsidiaries include GEICO, Duracell, Dairy Queen, and BNSF Railway. The company also holds significant minority stakes in Kraft Heinz, American Express, The Coca-Cola Company, Bank of America, and Apple.
Fundamental Analysis
Strong Financial Performance: Berkshire Hathaway has consistently reported strong financial results, with revenue of $370.1 billion and diluted EPS of $47,209.06 in the trailing twelve months.
High Profitability: The company's profit margin of 18.3% and operating margin of 41.8% indicate strong profitability.
Low Debt: Berkshire Hathaway has a low debt-to-equity ratio, indicating a strong financial position.
No Dividends: The company does not pay dividends, instead reinvesting its earnings into its businesses.
Technical Analysis
Bullish Trend: The stock price has been trending upwards over the past year, with a 52-week high of $741,971.39.
Moving Averages: The stock is currently above its 50-day and 200-day moving averages, indicating a bullish trend.
Support and Resistance: The stock has found support at around $600,000 and resistance at around $700,000.
Short Term Outlook
Analyst Target Price: Analysts have set a target price of $715,330 for Berkshire Hathaway, indicating a potential upside of around 6.5%.
Positive Momentum: The stock's positive momentum and strong technical indicators suggest a potential for continued growth in the short term.
Long Term Outlook
Warren Buffett's Leadership: Berkshire Hathaway is led by Warren Buffett, one of the most successful investors of all time. Buffett's long-term investment strategy and focus on value have been key to the company's success.
Diversified Portfolio: The company's diverse portfolio of businesses provides stability and growth potential in different economic environments.
Strong Brand Recognition: Berkshire Hathaway's well-known brands, such as GEICO and Dairy Queen, contribute to its long-term value.
Analyst Recommendations
Strong Buy: 1
Buy: 2
Hold: 0
Sell: 0
Strong Sell: 0
Conclusion
Berkshire Hathaway Inc. is a well-established and financially sound company with a long history of success. The company's strong fundamentals, positive technical indicators, and long-term growth potential make it an attractive investment for both short-term and long-term investors.
