Brady (NYSE:BRC) will be releasing its earnings data before the market opens on Thursday, February 22nd. Analysts expect Brady to post earnings of $0.44 per share for the quarter.
Brady (NYSE:BRC) last issued its quarterly earnings results on Thursday, November 16th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. Brady had a net margin of 8.81% and a return on equity of 13.90%. The business had revenue of $290.15 million for the quarter, compared to analyst estimates of $286.75 million. During the same quarter in the prior year, the business posted $0.44 EPS. Brady’s revenue for the quarter was up 3.6% compared to the same quarter last year. On average, analysts expect Brady to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Brady (NYSE BRC) opened at $37.50 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.62 and a current ratio of 2.19. Brady has a 52 week low of $31.70 and a 52 week high of $40.50. The stock has a market cap of $1,930.00, a P/E ratio of 19.95, a price-to-earnings-growth ratio of 2.55 and a beta of 1.15.
A number of brokerages have issued reports on BRC. SunTrust Banks restated a “hold” rating and set a $38.00 price target on shares of Brady in a research note on Friday, October 27th. Bank of America upped their price target on shares of Brady from $34.00 to $35.00 and gave the company an “underperform” rating in a research note on Friday, November 17th. Finally, Zacks Investment Research lowered shares of Brady from a “buy” rating to a “hold” rating in a research note on Monday, November 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $41.00.
In other news, VP Thomas J. Felmer sold 10,000 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $39.00, for a total value of $390,000.00. Following the sale, the vice president now owns 78,474 shares in the company, valued at $3,060,486. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Bentley Curran sold 21,784 shares of the stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $39.01, for a total transaction of $849,793.84. Following the completion of the sale, the vice president now owns 52,597 shares in the company, valued at approximately $2,051,808.97. The disclosure for this sale can be found here. Insiders sold 59,813 shares of company stock worth $2,336,542 in the last quarter. Company insiders own 15.60% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Brady (BRC) Scheduled to Post Earnings on Thursday” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://ledgergazette.com/2018/02/15/brady-brc-scheduled-to-post-earnings-on-thursday-2.html.
Brady Company Profile
Brady Corporation is a manufacturer and supplier of identification solutions and workplace safety products that identify and protect premises, products and people. The Company has two segments: Identification Solutions (IDS) and Workplace Safety (WPS). The IDS segment includes identification and healthcare products, and the WPS segment includes workplace safety and compliance products.
Receive News & Ratings for Brady Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brady and related companies with MarketBeat.com's FREE daily email newsletter.