Brady (NYSE:BRC - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 4.400-4.700 for the period, compared to the consensus earnings per share estimate of 4.590. The company issued revenue guidance of -. Brady also updated its FY25 guidance to $4.40-$4.70 EPS.
Brady Stock Down 5.5 %
Shares of Brady stock traded down $4.07 on Monday, reaching $70.14. The company's stock had a trading volume of 654,408 shares, compared to its average volume of 273,389. Brady has a 52 week low of $52.99 and a 52 week high of $77.68. The firm's fifty day simple moving average is $74.36 and its two-hundred day simple moving average is $69.97. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 18.23, a P/E/G ratio of 3.43 and a beta of 0.76. The company has a quick ratio of 1.69, a current ratio of 2.27 and a debt-to-equity ratio of 0.09.
Brady (NYSE:BRC - Get Free Report) last announced its quarterly earnings results on Friday, September 6th. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.11 by $0.08. The firm had revenue of $343.40 million for the quarter, compared to the consensus estimate of $351.74 million. Brady had a net margin of 14.70% and a return on equity of 19.84%. The business's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 EPS. Equities analysts anticipate that Brady will post 4.55 earnings per share for the current 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 given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date was Thursday, October 10th. This is a boost from Brady's previous quarterly dividend of $0.24. Brady's dividend payout ratio is 23.59%.
Analysts Set New Price Targets
Separately, StockNews.com downgraded Brady from a "strong-buy" rating to a "buy" rating in a research note on Friday, October 11th.
View Our Latest Stock Analysis on BRC
Insider Activity
In other news, CEO Russell Shaller sold 12,547 shares of the firm'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 sale, the chief executive officer now directly owns 102,905 shares in the company, valued at $7,520,297.40. This trade represents a 10.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 value of $216,020.27. Following the completion of the sale, the chief operating officer now owns 9,727 shares of the company's stock, valued at $737,014.79. The trade was a 22.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 45,262 shares of company stock valued at $3,371,231 in the last 90 days. Company insiders own 15.60% of the company's stock.
About Brady
(
Get Free Report)
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.
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