News coverage about Brady (NYSE:BRC) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brady earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.0460124411424 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts recently issued reports on the company. Zacks Investment Research downgraded Brady from a “buy” rating to a “hold” rating in a report on Tuesday, November 21st. SunTrust Banks reiterated a “hold” rating and set a $39.00 price target on shares of Brady in a report on Friday, November 17th. Bank of America upped their price target on Brady from $34.00 to $35.00 and gave the stock an “underperform” rating in a report on Friday, November 17th. Finally, Robert W. Baird reiterated a “hold” rating and set a $36.00 price target on shares of Brady in a report on Friday, October 13th. Two analysts have 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. The company presently has a consensus rating of “Hold” and an average price target of $39.60.
Shares of Brady (NYSE:BRC) traded down $0.30 during trading on Monday, reaching $38.10. The company had a trading volume of 85,000 shares, compared to its average volume of 201,698. Brady has a 1-year low of $31.70 and a 1-year high of $40.50. The company has a market capitalization of $1,960.00, a P/E ratio of 20.27, a P/E/G ratio of 2.66 and a beta of 1.18. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.19 and a quick ratio of 1.62.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 10th will be paid a $0.2075 dividend. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $0.83 dividend on an annualized basis and a yield of 2.18%. Brady’s dividend payout ratio (DPR) is presently 44.15%.
In other Brady news, VP Thomas J. Felmer sold 2,649 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was 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 in the company, valued at approximately $2,279,039.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bradley C. Richardson sold 1,400 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $39.15, for a total value of $54,810.00. Following the completion of the transaction, the director now owns 2,511 shares of the company’s stock, valued at approximately $98,305.65. The disclosure for this sale can be found here. Insiders sold a total of 18,029 shares of company stock valued at $706,748 in the last 90 days. Corporate insiders own 15.60% of the company’s stock.
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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