Brady (BRC) Set to Announce Quarterly Earnings on Monday

Brady (NYSE:BRC) is scheduled to 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.Persons that wish to register for the company’s earnings conference call can do so using this link.

Brady (NYSE:BRC) last released its quarterly earnings data 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 firm had revenue of $343.40 million during the quarter, compared to the consensus estimate of $351.74 million. During the same period last year, the business posted $1.04 EPS. Brady’s quarterly revenue was down .7% on a year-over-year basis. 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 0.6 %

Shares of BRC stock opened at $74.21 on Friday. Brady has a fifty-two week low of $52.68 and a fifty-two week 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 business has a fifty day simple moving average of $74.36 and a 200-day simple moving average of $69.89. The stock has a market cap of $3.53 billion, a P/E ratio of 18.23, a P/E/G ratio of 3.53 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 issued a dividend of $0.24 per share. This is an increase from Brady’s previous quarterly dividend of $0.24. This represents a $0.96 annualized dividend and a yield of 1.29%. The ex-dividend date was Thursday, October 10th. Brady’s dividend payout ratio (DPR) is 23.59%.

Insiders Place Their Bets

In related news, COO Thomas F. Debruine sold 2,851 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $75.77, for a total transaction of $216,020.27. Following the transaction, the chief operating officer now owns 9,727 shares of the company’s stock, valued at approximately $737,014.79. This represents a 22.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Russell Shaller sold 21,128 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was 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 in the company, valued at approximately $7,691,895. This trade represents a 17.14 % decrease in their position. 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. Corporate insiders own 15.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Brady from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 11th.

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.