Brady (BRC) Receives News Impact Rating of 0.18
Media coverage about Brady (NYSE:BRC) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brady earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 45.8995760425126 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern’s rankings:
- Report: Brady not expected to be regular participant in offseason program (msn.com)
- Why Brady, Gronkowski no-shows in Foxboro are a big deal (usatoday.com)
- Head to Head Comparison: Brady (BRC) & Sandvik (SDVKY) (americanbankingnews.com)
- WBZ Archives: Patriots Draft Tom Brady With 199th Pick (msn.com)
- Report: Pats’ Rob Gronkowski will join Tom Brady on sideline when offseason program starts (usatoday.com)
A number of research firms recently commented on BRC. Zacks Investment Research cut shares of Brady from a “hold” rating to a “sell” rating in a research report on Wednesday, January 17th. Bank of America upgraded shares of Brady from an “underperform” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $39.50.
Brady (NYSE:BRC) last released its quarterly earnings data on Thursday, February 22nd. The industrial products company reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.04. Brady had a net margin of 6.82% and a return on equity of 14.10%. The business had revenue of $287.78 million during the quarter, compared to analysts’ expectations of $277.17 million. During the same quarter in the prior year, the company earned $0.40 EPS. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. sell-side analysts forecast that Brady will post 1.98 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Monday, April 9th will be given a $0.2075 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Friday, April 6th. Brady’s dividend payout ratio is currently 47.43%.
In related news, VP Bentley Curran sold 21,784 shares of the company’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $39.01, for a total value of $849,793.84. Following the completion of the sale, the vice president now owns 52,597 shares in the company, valued at approximately $2,051,808.97. The transaction was disclosed in a filing with the SEC, which is available through this link. 15.60% of the stock is owned by corporate insiders.
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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