Currently, there are 44.22M common shares owned by the public and among those 43.61M shares have been available to trade.
The company’s stock has a 5-day price change of 3.78% and -3.16% over the past three months. BRC shares are trading -0.46% year to date (YTD), with the 12-month market performance up to 24.03% higher. It has a 12-month low price of $56.09 and touched a high of $77.68 over the same period. BRC has an average intraday trading volume of 265.20K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.10%, -1.01%, and 5.48% respectively.
Institutional ownership of Brady Corp (NYSE: BRC) shares accounts for 74.29% of the company’s 44.22M shares outstanding.
It has a market capitalization of $3.51B and a beta (3y monthly) value of 0.76. The stock’s trailing 12-month PE ratio is 18.06, while the earnings-per-share (ttm) stands at $4.07. The company has a PEG of 1.64 and a Quick Ratio of 1.25 with the debt-to-equity ratio at 0.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.00% over the week and 2.20% over the month.
Earnings per share for the fiscal year are expected to increase by 9.95%, and 8.94% over the next financial year. EPS should grow at an annualized rate of 11.00% over the next five years, compared to 10.56% over the past 5-year period.
Looking at the support for the BRC, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on January 02, 2024, with the firm’s price target at $51-$65. Wells Fargo coverage for the Brady Corp (BRC) stock in a research note released on February 18, 2022 offered a Equal Weight rating with a price target of $52. Wells Fargo was of a view on June 08, 2021 that the stock is Overweight, while Northcoast gave the stock Buy rating on August 28, 2020, issuing a price target of $58. Sidoti on their part issued Buy rating on May 22, 2020.
