Brady (BRC) to Release Earnings on Monday

Brady (NYSE:BRC - Get Free Report) will announce its earnings results before the market opens on Monday, November 18th. Analysts expect the company to announce 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 interested in participating in the company's conference call can do so using this link.

Brady (NYSE:BRC - Get Free Report) last posted its quarterly earnings data on Friday, September 6th. The industrial products company reported $1.19 EPS 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 firm had revenue of $343.40 million during the quarter, compared to the consensus estimate of $351.74 million. During the same period in the prior year, the business earned $1.04 EPS. The firm's 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 Stock Performance

NYSE:BRC traded up $0.11 during midday trading on Monday, reaching $76.82. The stock had a trading volume of 283,267 shares, compared to its average volume of 273,496. Brady has a 12-month low of $52.68 and a 12-month high of $77.68. The company has a quick ratio of 1.69, a current ratio of 2.27 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $74.09 and a two-hundred day simple moving average of $69.40. The stock has a market cap of $3.66 billion, a P/E ratio of 18.99, a P/E/G ratio of 3.55 and a beta of 0.76.

Brady Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th were given a dividend of $0.24 per share. This is a boost from Brady's previous quarterly dividend of $0.24. The ex-dividend date was Thursday, October 10th. This represents a $0.96 annualized dividend and a yield of 1.25%. Brady's payout ratio is presently 23.59%.

Insider Buying and Selling at Brady

In related news, General Counsel Andrew Gorman sold 8,736 shares of Brady stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $74.10, for a total transaction of $647,337.60. Following the completion of the sale, the general counsel now owns 10,140 shares in the company, valued at approximately $751,374. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CEO Russell Shaller sold 12,547 shares of the business's stock in a transaction on Friday, September 13th. The shares were sold at an average price of $73.08, for a total transaction of $916,934.76. Following the completion of the sale, the chief executive officer now directly owns 102,905 shares of the company's stock, valued at $7,520,297.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Andrew Gorman sold 8,736 shares of the company's stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $74.10, for a total value of $647,337.60. Following the sale, the general counsel now owns 10,140 shares of the company's stock, valued at $751,374. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 45,262 shares of company stock valued at $3,371,231 over the last quarter. Corporate insiders own 15.60% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Brady from a "strong-buy" rating to a "buy" rating in a report on Friday, October 11th.

About Brady

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.