Brady (NYSE:BRC) Updates FY25 Earnings Guidance

Brady (NYSE:BRC) updated its FY25 earnings guidance on Monday. 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.

Wall Street Analyst Weigh In

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

Brady Trading Up 1.6 %

NYSE:BRC opened at $70.72 on Thursday. The stock’s 50 day moving average price is $74.21 and its 200 day moving average price is $70.12. The company has a market capitalization of $3.37 billion, a PE ratio of 17.38, 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 has a 52-week low of $52.99 and a 52-week high of $77.68.

Brady (NYSE:BRC) last announced its earnings results on Monday, November 18th. The industrial products company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.02. Brady had a return on equity of 19.84% and a net margin of 14.70%. The company had revenue of $377.10 million for the quarter, compared to the consensus estimate of $365.88 million. During the same period last year, the business posted $1.00 EPS. The company’s revenue was up 13.6% on a year-over-year basis. On average, research analysts anticipate that Brady will post 4.55 EPS for the current year.

Brady Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were issued a $0.24 dividend. This is a boost from Brady’s previous quarterly dividend of $0.24. This represents a $0.96 annualized dividend and a dividend yield of 1.36%. The ex-dividend date was Thursday, October 10th. Brady’s dividend payout ratio (DPR) is currently 23.59%.

Insider Buying and Selling

In other Brady news, General Counsel Andrew Gorman sold 8,736 shares of the business’s 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 of the company’s stock, valued at approximately $751,374. The trade was 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 accessible through this hyperlink. Also, CEO Russell Shaller sold 12,547 shares of the company’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $73.08, for a total value 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 10.87 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,262 shares of company stock valued at $3,371,231. 15.60% of the stock is owned by insiders.

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.