Brady (BRC) to Release Earnings on Monday

Brady (NYSE:BRC) will post its quarterly earnings results before the market opens on Monday, November 18th. Analysts expect Brady to post earnings of $1.10 per share for the quarter. Brady has set its FY25 guidance at $4.40-$4.70 EPS and its FY 2025 guidance at 4.400-4.700 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Brady (NYSE:BRC) last released its quarterly earnings results on Friday, September 6th. The industrial products company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.08. Brady had a return on equity of 19.84% and a net margin of 14.70%. The company had revenue of $343.40 million for the quarter, compared to analyst estimates of $351.74 million. During the same quarter in the prior year, the firm posted $1.04 EPS. Brady’s quarterly revenue was down .7% compared to the same quarter last year. On average, analysts expect Brady to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Brady Trading Down 0.7 %

Brady stock opened at $74.18 on Friday. The stock has a 50-day moving average of $74.36 and a two-hundred day moving average of $69.82. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.69 and a current ratio of 2.27. The stock has a market cap of $3.53 billion, a PE ratio of 18.23, a price-to-earnings-growth ratio of 3.53 and a beta of 0.76. Brady has a one year low of $52.68 and a one year high of $77.68.

Brady Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were paid a $0.24 dividend. The ex-dividend date of this dividend was Thursday, October 10th. This is a positive change from Brady’s previous quarterly dividend of $0.24. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.29%. Brady’s payout ratio is currently 23.59%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Brady from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 11th.

Insider Buying and Selling at Brady

In other news, CEO Russell Shaller sold 21,128 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of $75.30, for a total value of $1,590,938.40. Following the completion of the sale, the chief executive officer now owns 102,150 shares in the company, valued at $7,691,895. This represents a 17.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Thomas F. Debruine sold 2,851 shares of the stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $75.77, for a total transaction of $216,020.27. Following the transaction, the chief operating officer now directly owns 9,727 shares in the company, valued at $737,014.79. The trade was a 22.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,262 shares of company stock valued at $3,371,231. Company insiders own 15.60% of the company’s stock.

Brady Company Profile

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The company offers materials, printing systems, RFID, and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications; safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout device, and software and services for safety compliance auditing, procedure writing, and training; and hand-held printers, wire markers, sleeves, and tags for wire identification.