Brady (NYSE:BRC) is scheduled to 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) opened at $37.95 on Wednesday. Brady has a 52 week low of $31.70 and a 52 week high of $40.50. The company has a quick ratio of 1.62, a current ratio of 2.19 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $1,948.89, a P/E ratio of 20.00, a PEG ratio of 2.62 and a beta of 1.15.
In related news, VP Bentley Curran sold 21,784 shares of the company’s stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $39.01, for a total value of $849,793.84. Following the sale, the vice president now directly owns 52,597 shares in the company, valued at $2,051,808.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Thomas J. Felmer sold 2,649 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $39.52, for a total value of $104,688.48. Following the completion of the sale, the vice president now owns 57,668 shares in the company, valued at $2,279,039.36. The disclosure for this sale can be found here. Insiders sold 48,413 shares of company stock valued at $1,891,732 in the last ninety days. 15.60% of the stock is currently owned by insiders.
Several research firms have recently issued reports on BRC. Bank of America upped their price objective on Brady from $34.00 to $35.00 and gave the company an “underperform” rating in a research note on Friday, November 17th. Zacks Investment Research downgraded Brady from a “buy” rating to a “hold” rating in a research note on Tuesday, November 21st. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $39.00 price objective on shares of Brady in a research note on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $40.00.
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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.
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