Brady Corp (NASDAQ: BRC) Stocks To Watch

Brady Corp day trading at USD 48.22 per share, then rallying to 49.09 and closing at USD 49.07 per share. A net gain of 1.76% for the day. Long term pricing analysis shows the stock trading at 16.95% lower than it’s 52week high and -43.21% higher than the 52week low. The share volume traded for the day was 158K which was 0 times the 50 Day Average Volume.

Brady Corp had a market cap of 2,617,880K as of 22nd May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 2.26.

Brady Corp is a manufacturer of products for identifying components used in workplaces. Headquartered in Milwaukee, Wisconsin, Brady employs 6,600 people in North and South America, Europe, Asia, and Australia. Brady Corporation was founded as W.H. Brady Co. in Eau Claire, Wis., in 1914 by William H. Brady.

Financial Results

Brady Corp Second Quarter Of Fiscal 2020.

  • Income before income taxes increased 15.4 percent to $42.4 million in the second quarter of fiscal 2020 compared to $36.7 million in the same quarter of the prior year.
  • Diluted EPS increased 12.7 percent to $0.62 in the second quarter of fiscal 2020 compared to $0.55 in the same quarter of the prior year.
  • Sales for the quarter declined by 2.0 percent. Organic sales declined 1.2 percent and the impact of foreign currency translation decreased sales by 0.8 percent.
  • Diluted EPS guidance for the full year ending July 31, 2020 was increased to a range of $2.55 to $2.65 from the previous range of $2.50 to $2.60.

Brady Corp (22nd May 2020): The Institutional Ownership as of today stood at   86.23%and the Total Value of Holdings (millions) is $ 2,049.

New Institutional Holders and other activity – As of today, the total number of shares held is 41,755,372  by 208 institutional holders.

LATEST NEWS:

22-May-2020:- Brady (NYSE: BRC) Announces Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Brady (NYSE: BRC) posted its quarterly earnings data on Thursday. The industrial products company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.02), Yahoo Finance reports. The business had revenue of $265.90 million for the quarter, compared to the consensus estimate of $251.25 million.

15-May-2020:-  Stone Ridge Asset Management LLC Trims Stock Holdings in Brady Corp (NYSE: BRC)

Stone Ridge Asset Management LLC decreased its holdings in Brady Corp (NYSE: BRC) by 60.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,925 shares of the industrial products company’s stock after selling 19,600 shares during the period.

7-May-2020:-  Brady Corp (NYSE: BRC) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its stake in shares of Brady Corp (NYSE: BRC) by 8.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 377,585 shares of the industrial products company’s stock after selling 34,799 shares during the quarter.

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