Notable Stock to Watch: Brady Corporation’s (NYSE:BRC)

Brady Corporation’s (NYSE:BRC) changed 3.41% to recent value of $48.55. The stock transacted 340301 shares during most recent day however it has an average volume of 247.8K shares. It spotted trading -7.54% off 52-week high price. On the other end, the stock has been noted 25.10% away from the low price over the last 52-weeks.

 On Sept. 05, 2019, Brady Corporation’s (NYSE:BRC) Board of Directors approved an increase in the annual dividend to shareholders of the Company’s Class A Common Stock from $0.85 per share to $0.87 per share. A quarterly dividend to shareholders of the company’s Class A Common Stock of $0.2175 per share will be paid on October 31, 2019, to shareholders of record at the close of business on October 10, 2019. This dividend represents the 34th consecutive annual increase in dividends.

Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2018, employed approximately 6,200 people in its worldwide businesses. Brady’s fiscal 2018 sales were approximately $1.17 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC.

 BRC has a gross margin of 49.80% and an operating margin of 13.80% while its profit margin remained 11.10% for the last 12 months. Its earnings per share (EPS) expected to touch remained 16.00% for this year while earning per share for the next 5-years is expected to reach at 11.50%.

 The company has 52.7M of outstanding shares and 47.45M shares were floated in the market. According to the most recent quarter its current ratio was 3 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.71% from the mean of 20 days, -1.59% from mean of 50 days SMA and performed 3.75% from mean of 200 days price. Company’s performance for the week was 3.69%, -3.54% for month and YTD performance remained 11.71%.

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