Brady (NYSE:BRC) Updates FY 2025 Earnings Guidance

Brady (NYSE:BRC) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.480-4.630 for the period, compared to the consensus estimate of 4.580. The company issued revenue guidance of -.

Brady Stock Up 2.4%

BRC opened at $76.07 on Friday. The stock has a market cap of $3.63 billion, a PE ratio of 18.69 and a beta of 0.86. The company has a quick ratio of 1.25, a current ratio of 1.84 and a debt-to-equity ratio of 0.11. Brady has a 52 week low of $59.84 and a 52 week high of $78.70. The business’s fifty day simple moving average is $69.99 and its 200 day simple moving average is $72.49.

Brady (NYSE:BRC) last announced its quarterly earnings data on Friday, February 21st. The industrial products company reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.03). The company had revenue of $356.68 million for the quarter, compared to the consensus estimate of $359.21 million. Brady had a net margin of 14.19% and a return on equity of 19.79%. During the same period last year, the business posted $0.93 earnings per share. As a group, research analysts expect that Brady will post 4.55 earnings per share for the current fiscal year.

Brady Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.26%. Brady’s dividend payout ratio is currently 24.00%.

Institutional Trading of Brady

A hedge fund recently raised its stake in Brady stock. Royal Bank of Canada grew its holdings in shares of Brady Co. (NYSE:BRC) by 380.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,451 shares of the industrial products company’s stock after purchasing an additional 5,108 shares during the period. Royal Bank of Canada’s holdings in Brady were worth $456,000 as of its most recent SEC filing. Institutional investors and hedge funds own 76.28% of the company’s stock.

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.