Brady (NYSE:BRC) Updates FY25 Earnings Guidance

Brady (NYSE:BRC) issued an update on its FY25 earnings guidance on Friday morning. The company provided earnings per share guidance of $4.40-$4.70 for the period, compared to the consensus earnings per share estimate of $4.42. Brady also updated its FY 2025 guidance to 4.400-4.700 EPS.

Brady Price Performance

NYSE:BRC traded up $0.38 during midday trading on Friday, hitting $72.19. The company had a trading volume of 1,007,916 shares, compared to its average volume of 283,851. Brady has a 52-week low of $51.35 and a 52-week high of $76.82. The stock’s fifty day moving average price is $70.06 and its 200-day moving average price is $64.41. The company has a market capitalization of $3.43 billion, a PE ratio of 18.42, a P/E/G ratio of 2.20 and a beta of 0.76. The company has a quick ratio of 1.45, a current ratio of 2.06 and a debt-to-equity ratio of 0.06.

Brady (NYSE:BRC) last announced its earnings results on Friday, September 6th. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.08. Brady had a net margin of 14.22% and a return on equity of 19.61%. The company had revenue of $343.40 million during the quarter, compared to analyst estimates of $351.74 million. During the same period in the previous year, the business earned $1.04 earnings per share. The firm’s quarterly revenue was down .7% compared to the same quarter last year. As a group, research analysts expect that Brady will post 4.13 earnings per share for the current year.

Brady Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 10th will be given a $0.24 dividend. The ex-dividend date is Thursday, October 10th. This is a positive change from Brady’s previous quarterly dividend of $0.24. This represents a $0.96 annualized dividend and a yield of 1.33%. Brady’s payout ratio is 23.98%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Brady from a strong-buy rating to a buy rating in a research note on Saturday.

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.