Brady Corporation which can be found using ticker (BRC) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 70 and 49 suggesting an average Analsyt target price of $61.00. Given that the stocks previous close was at $52.45 this would indicate that there is a potential upside of 16.3%. Also worth taking note is the 50 day moving average now sits at $52.88 and the 200 day moving average is $48.41. The market capitalization for the company is $2,590m. Visit the company website at: https://www.bradyid.com
The potential market cap would be $3,012m based on the market consensus.
Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. It operates through two segments, IDS and WPS. The IDS segment offers materials, printing systems, RFID, and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications; safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout device, and software and services for safety compliance auditing, procedure writing, and training; and hand-held printers, wire markers, sleeves, and tags for wire identification. Its products also comprise name tags, badges, lanyards, rigid card printing systems, and access control software for people identification; and wristbands, labels, printing systems, and other products for tracking and improving the safety of patients. This segment serves industrial and electronic manufacturing, healthcare, chemical, oil, gas, automotive, aerospace, governments, mass transit, electrical contractors, education, leisure and entertainment, telecommunications, and other industries through distributors, direct sales force, and digital channels. The WPS segment provides workplace safety, identification, and compliance products, such as safety and compliance signs, tags, labels, and markings; informational signage and markings; asset tracking labels; facility safety and personal protection equipment; first-aid products; and labor law and other compliance posters for process, government, education, construction, and utilities industries, as well as manufacturers through catalog and digital channels. It also offers stock and custom identification products; and sells related resale products. Brady Corporation was incorporated in 1914 and is headquartered in Milwaukee, Wisconsin.
The company has a dividend yield of 1.75% with the ex dividend date set at 6-4-2023 (DMY).
Other points of data to note are a P/E ratio of 16.66, revenue per share of 26.08 and a 9.33% return on assets.
