Brady (BRC) Receiving Somewhat Favorable News Coverage, Report Finds

Media headlines about Brady (NYSE:BRC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brady earned a news impact score of 0.12 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.9968054184139 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Brady (NYSE:BRC) opened at $38.95 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 company has a market capitalization of $2,008.18, a price-to-earnings ratio of 20.61, a P/E/G ratio of 2.69 and a beta of 1.19.

Brady (NYSE:BRC) last posted its earnings results on Thursday, November 16th. The industrial products company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. The firm had revenue of $290.15 million for the quarter, compared to analyst estimates of $286.75 million. Brady had a return on equity of 13.90% and a net margin of 8.81%. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. analysts anticipate that Brady will post 1.93 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 10th will be issued a dividend of $0.2075 per share. The ex-dividend date is Tuesday, January 9th. This represents a $0.83 annualized dividend and a yield of 2.13%. Brady’s dividend payout ratio is presently 43.92%.

A number of equities research analysts recently commented on BRC shares. Zacks Investment Research raised Brady from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research note on Monday, November 20th. Bank of America raised Brady from an “underperform” rating to a “buy” rating and set a $42.00 price objective for the company in a research note on Tuesday, January 2nd. SunTrust Banks reaffirmed a “hold” rating and set a $38.00 price objective on shares of Brady in a research note on Friday, October 27th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $36.00 price objective on shares of Brady in a research note on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $41.00.

In other Brady news, VP Thomas J. Felmer sold 2,649 shares of Brady stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $39.52, for a total transaction of $104,688.48. Following the transaction, the vice president now directly owns 57,668 shares in the company, valued at $2,279,039.36. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Bradley C. Richardson sold 1,400 shares of Brady stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $39.15, for a total value of $54,810.00. Following the transaction, the director now owns 2,511 shares in the company, valued at $98,305.65. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,029 shares of company stock worth $706,748. Corporate insiders own 15.60% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Brady (NYSE:BRC)

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