Brady Corp (NYSE: BRC) is -8.56% lower on its value in year-to-date trading and has touched a low of $58.00 and a high of $77.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRC stock was last observed hovering at around $66.94 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $67.53, the stock is -2.04% and -4.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.88% at the moment leaves the stock -6.79% off its SMA200. BRC registered 14.75% gain for a year compared to 6-month loss of -9.91%. The firm has a 50-day simple moving average (SMA 50) of $70.7886 and a 200-day simple moving average (SMA200) of $72.4481.
The stock witnessed a -6.18% gain in the last 1 month and extending the period to 3 months gives it a -8.21%, and is 0.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.44% over the week and 2.92% over the month.
Brady Corp (BRC) has around 5700 employees, a market worth around $3.23B and $1.42B in sales. Current P/E ratio is 16.84 and Fwd P/E is 13.40. Profit margin for the company is 13.62%. Distance from 52-week low is 16.43% and -13.07% from its 52-week high. The company has generated returns on investments over the last 12 months (15.66%).
The EPS is expected to grow by 8.53% this year
385.0 institutions hold shares in Brady Corp (BRC), with institutional investors hold 86.69% of the company’s shares. The shares outstanding are 44.24M, and float is at 43.63M with Short Float at 0.97%. Institutions hold 83.96% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.25 million shares valued at $346.29 million. The investor’s holdings represent 10.9268 of the BRC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.57 million shares valued at $301.8 million to account for 9.5879 of the shares outstanding. The other top investors are FMR LLC which holds 1.91 million shares representing 3.9974 and valued at over $125.82 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 3.6298 of the shares totaling 1.73 million with a market value of $114.25 million.
Brady Corp (BRC) Insider Activity
Brady Corp disclosed in a document filed with the SEC on Dec 06 ’24 that Wilms Brett (President – EMEA & Australia) sold a total of 800 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $75.14 per share for $60112.0. Following the transaction, the insider now directly holds 4484.0 shares of the BRC stock.
Still, SEC filings show that on Dec 06 ’24, Wilms Brett (Officer) Proposed Sale 800 shares at an average price of $75.14 for $60112.0. The insider now directly holds shares of Brady Corp (BRC).
