Press coverage about Brady (NYSE:BRC) has been trending positive on Monday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brady earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 47.4038923559663 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Pinebridge Investments L.P. Grows Stake in Brady Corp (BRC) (americanbankingnews.com)
- Brady Corp. (BRC) Q2 Revenue Tops Views (streetinsider.com)
- $278.30 Million in Sales Expected for Brady Corp (BRC) This Quarter (americanbankingnews.com)
- Brady (BRC) Issues Earnings Results, Beats Estimates By $0.04 EPS (americanbankingnews.com)
- Brady (BRC) Releases FY18 Earnings Guidance (americanbankingnews.com)
Several research firms recently issued reports on BRC. Zacks Investment Research cut shares of Brady from a “hold” rating to a “sell” rating in a research report on Wednesday, January 17th. SunTrust Banks restated a “hold” rating and set a $39.00 price objective on shares of Brady in a research report on Friday, November 17th. Finally, Bank of America raised their price objective on shares of Brady from $34.00 to $35.00 and gave the stock an “underperform” rating in a research report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Brady presently has an average rating of “Hold” and a consensus price target of $40.00.
Brady (NYSE:BRC) last announced its earnings results on Thursday, February 22nd. The industrial products company reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.04. The company had revenue of $287.78 million during the quarter, compared to analyst estimates of $277.17 million. Brady had a net margin of 8.90% and a return on equity of 14.21%. Brady’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 earnings per share. equities analysts forecast that Brady will post 1.96 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 9th will be paid a dividend of $0.2075 per share. This represents a $0.83 annualized dividend and a yield of 2.15%. The ex-dividend date is Friday, April 6th. Brady’s dividend payout ratio (DPR) is presently 56.08%.
In other news, VP Thomas J. Felmer sold 2,649 shares of the firm’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 transaction, the vice president now owns 57,668 shares of the company’s stock, valued at $2,279,039.36. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Bentley Curran sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $39.00, for a total transaction of $780,000.00. Following the completion of the transaction, the vice president now directly owns 52,597 shares of the company’s stock, valued at approximately $2,051,283. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 48,413 shares of company stock valued at $1,891,732. 15.60% of the stock is currently owned by insiders.
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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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