Brady (NYSE:BRC) Issues FY 2025 Earnings Guidance

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

Brady Stock Performance

Shares of BRC stock traded down $0.09 during trading hours on Monday, reaching $71.43. The company had a trading volume of 183,715 shares, compared to its average volume of 247,326. The business has a fifty day moving average price of $70.06 and a 200-day moving average price of $72.50. Brady has a one year low of $59.84 and a one year high of $77.68. The firm has a market cap of $3.41 billion, a PE ratio of 17.55 and a beta of 0.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.25 and a current ratio of 1.84.

Brady (NYSE:BRC - Get Free Report) last announced its quarterly earnings results on Friday, May 16th. The industrial products company reported $1.22 EPS for the quarter, hitting analysts' consensus estimates of $1.22. The firm had revenue of $382.59 million during the quarter, compared to analyst estimates of $386.61 million. Brady had a net margin of 14.19% and a return on equity of 19.79%. The business's revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.09 earnings per share. Sell-side analysts predict that Brady will post 4.55 earnings per share for the current fiscal year.

Brady Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.34%. The ex-dividend date is Thursday, July 10th. Brady's dividend payout ratio is currently 24.00%.

Hedge Funds Weigh In On Brady

Several large investors have recently added to or reduced their stakes in BRC. NewEdge Advisors LLC lifted its holdings in Brady by 282.3% during the first quarter. NewEdge Advisors LLC now owns 1,644 shares of the industrial products company's stock valued at $116,000 after purchasing an additional 1,214 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Brady by 380.3% during the first quarter. Royal Bank of Canada now owns 6,451 shares of the industrial products company's stock worth $456,000 after acquiring an additional 5,108 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Brady by 7.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,953 shares of the industrial products company's stock valued at $8,968,000 after purchasing an additional 8,716 shares in the last quarter. Finally, Millennium Management LLC raised its stake in Brady by 1,256.9% during the first quarter. Millennium Management LLC now owns 185,182 shares of the industrial products company's stock valued at $13,081,000 after purchasing an additional 171,535 shares in the last quarter. Hedge funds and other institutional investors own 76.28% of the company's stock.

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.