BRC Stock Summary and Trading Ideas (Brady | NYSE:BRC)

Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labeling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The company is organized and managed on a geographic basis with two reportable segments: Americas & Asia which derives maximum revenue, and Europe & Australia.

Brady trades on the NYSE stock market under the symbol BRC.

As of December 20, 2024, BRC stock price declined to $74.13 with 761,441 million shares trading.

BRC has a beta of 0.46, meaning it tends to be less sensitive to market movements. BRC has a correlation of 0.07 to the broad based SPY ETF.

BRC has a market cap of $3.54 billion. This is considered a Mid Cap stock.

Last quarter Brady reported $377 million in Revenue and $1.12 earnings per share. This beat revenue expectation by $11 million and exceeded earnings estimates by $.02.

In the last 3 years, BRC traded as high as $77.68 and as low as $40.52.

The top ETF exchange traded funds that BRC belongs to (by Net Assets): IJR, VTI, VB, VBR, VXF.

BRC has outperformed the market in the last year with a price return of +28.4% while the SPY ETF gained +27.8%. However, in the short term, BRC had mixed performance relative to the market. It has underperformed in the last 3 months, returning -0.5% vs +4.4% return in SPY. But in the last 2 weeks, BRC shares have fared better than the market returning 0.0% compared to SPY -2.4%.

BRC support price is $74.32 and resistance is $76.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BRC shares will trade within this expected range on the day.