Brady (NYSE:BRC) Releases FY25 Earnings Guidance

Brady (NYSE:BRC - Get Free Report) issued an update on its FY25 earnings guidance on Monday morning. The company provided earnings per share guidance of $4.40-$4.70 for the period, compared to the consensus earnings per share estimate of $4.59. Brady also updated its FY 2025 guidance to 4.400-4.700 EPS.

Brady Trading Down 5.5 %

Shares of Brady stock traded down $4.07 during trading hours on Monday, reaching $70.14. 615,728 shares of the company's stock were exchanged, compared to its average volume of 273,217. The company has a current ratio of 2.27, a quick ratio of 1.69 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 18.23, a price-to-earnings-growth ratio of 3.43 and a beta of 0.76. The company has a fifty day moving average of $74.36 and a 200-day moving average of $69.97. Brady has a 52-week low of $52.99 and a 52-week high of $77.68.

Brady (NYSE:BRC - Get Free Report) last released 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 company had revenue of $343.40 million for the quarter, compared to analyst estimates of $351.74 million. During the same period last year, the company posted $1.04 earnings per share. The firm's revenue was down .7% compared to the same quarter last year. Sell-side analysts forecast that Brady will post 4.55 EPS for the current fiscal year.

Brady Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 10th were issued a $0.24 dividend. This is a positive change from Brady's previous quarterly dividend of $0.24. This represents a $0.96 annualized dividend and a yield of 1.37%. The ex-dividend date was Thursday, October 10th. Brady's payout ratio is currently 23.59%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Brady

In other Brady news, General Counsel Andrew Gorman sold 8,736 shares of the company's stock in a transaction dated Wednesday, September 18th. The shares were 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 directly owns 10,140 shares in the company, valued at $751,374. This represents a 46.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Russell Shaller sold 21,128 shares of the company's stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $75.30, for a total transaction of $1,590,938.40. Following the sale, the chief executive officer now owns 102,150 shares of the company's stock, valued at $7,691,895. This trade represents a 17.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,262 shares of company stock valued at $3,371,231. Corporate 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.