Brady (NYSE:BRC) Releases FY25 Earnings Guidance

Brady (NYSE:BRC) updated its FY25 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $4.40-$4.70 for the period, compared to the consensus 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 cut Brady from a “strong-buy” rating to a “buy” rating in a report on Friday, October 11th.

Brady Trading Down 0.7 %

Shares of Brady stock opened at $69.65 on Wednesday. The firm’s 50-day moving average price is $74.25 and its two-hundred day moving average price is $70.12. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 17.11, a PEG 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 12-month low of $52.99 and a 12-month high of $77.68.

Brady (NYSE:BRC) last posted its quarterly earnings results on Monday, November 18th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.02. Brady had a net margin of 14.70% and a return on equity of 19.84%. The business had revenue of $377.10 million for the quarter, compared to analyst estimates of $365.88 million. During the same quarter last year, the business posted $1.00 EPS. The firm’s revenue for the quarter was up 13.6% on a year-over-year basis. On average, analysts forecast that Brady will post 4.55 earnings per share for the current fiscal 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 dividend of $0.24 per share. The ex-dividend date was Thursday, October 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.38%. This is a boost from Brady’s previous quarterly dividend of $0.24. Brady’s payout ratio is 23.59%.

Insider Activity at Brady

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 completion of the transaction, the chief operating officer now directly owns 9,727 shares in the company, valued at $737,014.79. This represents a 22.67 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Russell Shaller sold 21,128 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now owns 102,150 shares in the company, valued at $7,691,895. This represents a 17.14 % decrease in their position. 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 ninety days. 15.60% of the stock is owned by corporate 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.