Brady (NYSE:BRC) Issues FY25 Earnings Guidance

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

Brady Stock Up 0.5 %

Shares of BRC traded up $0.38 during trading hours on Friday, hitting $72.19. The stock had a trading volume of 1,007,916 shares, compared to its average volume of 283,851. Brady has a 1-year low of $51.35 and a 1-year high of $76.82. The firm has a market capitalization of $3.43 billion, a P/E ratio of 18.42, a price-to-earnings-growth ratio of 2.20 and a beta of 0.76. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.06 and a quick ratio of 1.45. The firm has a 50 day simple moving average of $70.06 and a 200-day simple moving average of $64.41.

Brady (NYSE:BRC) last announced its quarterly earnings results on Friday, September 6th. The industrial products company reported $1.19 earnings per share for the quarter, beating 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 business had revenue of $343.40 million for the quarter, compared to analysts’ expectations of $351.74 million. During the same quarter last year, the firm earned $1.04 EPS. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. Sell-side analysts predict that Brady will post 4.13 EPS for the current fiscal year.

Brady Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th will be given a dividend of $0.24 per share. The ex-dividend date is Thursday, October 10th. This represents a $0.96 annualized dividend and a dividend yield of 1.33%. This is a boost from Brady’s previous quarterly dividend of $0.24. Brady’s dividend payout ratio (DPR) is currently 23.98%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Brady from a strong-buy rating to a buy rating in a research report 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.