Brady stock: buy or sell?
January 24th, 2020
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.
Should I buy Brady stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Brady stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Brady stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we found 1 rating published for BRC stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-9||Bank of America||n/a||Underperform|
Brady stock analysis
Brady closed on January/24 at $56.69 and decreased a tragic -1.36%.
Shares of Brady ended on Jan 24th at $56.69 and decreased a tragic -1.36%. On September BRC price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On November, BRC hit new all time highs, pushing higher previous ATH of $58.70 recorded on November. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of Brady ended this week at $56.69 and depreciated a lame -1.51%.
Not so far away is the last price record Brady marked late November 2019. Early September BRC price bounced up over the SMA of 20 weeks that acted as support stopping new slides.
Brady stock price history
Brady stock went public on September 7th, 1984 with a price of $0.311. Since then, BRC stock grew a 18,187.10%, with an average of 519.60% per year. If you had invested right after BRC's IPO a $1,000 in Brady stock in 1984, it would worth $181,871.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Brady stock historical price chart
BRC stock reached all-time highs on November with a price of $58.88.
Brady stock price target is $49.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we only found 1 price target for Brady stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-9||Bank of America||Raises Target||$46.00||$49.00||6.5%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Brady presented its financial report, posting a slightly fine climb for the Earnings per Share (EPS). Experts were expecting $0.53 per share, but Brady posted $0.55.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Brady annual revenues escalated a nice 5.44% to $1,173.85 million USD from $1,113.32 marked in 2017. Instead, its earnings margin (compared to sales) remained constant to 7.76%, that is $91.06 million. To have an updated view of the financial situation of Brady, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Brady TTM sales up to January 2019 were $1,171.54 and earnings were $120.82 M dollars. When comparing this TTM figures with the last reported annuality, we can review Brady business evolution since July 2018: Annual revenues up to January, compared to lastest yearly report, stayed stable a tight -0.20%. Regarding profit margin, Brady appreciated 2.56% to 7.76%
|2013||$1,150 M||-||$-141.05 M-12.3%||-|
|2014||$1,230 M||6.96%||$-48.24 M-3.9%||-65.80%|
|2014||$1,230 M||0.00%||$-48.24 M-3.9%||0.00%|
|2015||$1,170 M||-4.88%||$4.90 M0.4%||-110.16%|
|2015||$1,172 M||0.15%||$2.99 M0.3%||-39.04%|
|2016||$1,120 M||-4.41%||$80 M7.2%||2,581.96%|
|2016||$1,121 M||0.06%||$80 M7.1%||0.00%|
|2017||$1,110 M||-0.95%||$96 M8.6%||19.40%|
|2017||$1,113 M||0.30%||$96 M8.6%||-0.01%|
|2018||$1,174 M||5.44%||$91 M7.8%||-4.79%|
|TTM||$1,172 M||-0.20%||$121 M10.3%||32.68%|
Quarterly financial resultsBrady posted $282.43 million in sales for 2019-Q1, a -3.67% less compared to previous quarter. Reported quarter income marked $29.23 million with a profit margin of 10.35%. Profit margin stayed steady a -0.10% compared to previous quarter when profit margin was 10.45%. When comparing turnover to same quarter last year, Brady sales marked a lame loss and depreciated a -1.86%. Looking back to recent quarterly results, Brady posted 3 negative quarters in a row.
|2017-Q2||$276 M||-||$23 M8.2%||-|
|2017-Q3||$289 M||4.81%||$25 M8.7%||11.93%|
|2017-Q4||$290 M||0.33%||$26 M8.9%||2.36%|
|2018-Q1||$288 M||-0.82%||$4 M1.5%||-83.46%|
|2018-Q2||$298 M||3.70%||$26 M8.7%||508.47%|
|2018-Q3||$297 M||-0.31%||$35 M11.7%||34.43%|
|2018-Q4||$293 M||-1.45%||$31 M10.4%||-12.34%|
|2019-Q1||$282 M||-3.67%||$29 M10.3%||-4.60%|
Brady ownershipWhen you are planning to buy a stock, it's worth to have a look its ownership structure.
Brady shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.74% of all shares.
Bearish positions for BRC stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$2.8 B|
|Total shares||49.8 M|
|Float shares||48.2 M|
|- Institutional holdings (%)||89.8%|
|- Insider holdings (%)||3.7%|
|Shares in short selling||0.0%|
|Friday, January 24th, 2020|
|Day range||$56.43 - $57.63|
|Average true range||$1.03|
|50d mov avg||$56.85|
|100d mov avg||$55.35|
|200d mov avg||$51.77|
Brady performanceTo better understand Brady performance you must compare its gains with other related stocks in same sector or industry. We chose as the bechmarking frame for Brady stock.