Alert: New Earnings Report (11/18/24)-Brady Corp (NYSE: BRC).

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Brady Corp (NYSE: BRC) has reported E.P.S. of $0.98 for its first fiscal quarter (ending October 31) versus $0.97 for the same period a year ago — an increase of 1%. For the latest four quarters through October 31, E.P.S. were $4.11 versus $3.71 for the same period a year ago — an increase of 11%.

Recent Price Action

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Brady Corp (NYSE: BRC) stock closed at $70.14 on 11/18/24 after a large decline of -5.5%. Moreover, exceptionally high trading volume at 284% of normal accompanied the decline. The stock has declined -8.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Brady has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Brady has a neutral Appreciation Score of 44 but a very high Power Rating of 93, triggering the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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