BRC Brady Dashboard

Brady Corp. engages in the manufacture and market of specialty materials and identification solutions that determines and protects premises, products, and people. The firm operates through the Identification Solutions (IDS) and Workplace Safety (WPS) segments. The IDS segment offers industrial and healthcare identification products. The WPS segment offers compliance products, which are sold under multiple brand names through catalogue and digital to a range of maintenance, repair, and operations customers. Its solutions include Brady LINK360 Software, Brady CenSys, and Brady SmartID Aerospace. The company was founded by William H. Brady Jr. in 1914 and is headquartered in Milwaukee, WI.

Company profile

Ticker

BRC

Exchange

NYSE

Website

www.bradyid.com/

CEO

J. Michael Nauman

Incorporated

Wisconsin

Location

Wisconsin

Fiscal year end

Jul 31

Sector

Manufacturing > Commercial Printing (except Screen and Books)

Industry (SIC)

Miscellaneous Manufacturing Industries

Hillenbrand • Array • Jason Industries • Daktronics • PlayAGS • Summer Infant • Amcor • Oil-Dri Corp. Of America • TRANS LUX • Dogness ...

Former names

BRADY W H CO

SEC CIK

0000746598

Corporate docs

Articles of Incorporation & Bylaws

IRS number

390178960

BRC stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Understanding Brady's Ex-Dividend Date

7 Apr 21

Brady (NYSE:BRC) declared a dividend payable on April 30, 2021 to its shareholders as of February 17, 2021. It was also announced that shareholders of Brady's stock as of April 9, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date.

Stocks That Hit 52-Week Highs On Friday

12 Mar 21

Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.

Stocks That Hit 52-Week Highs On Thursday

4 Mar 21

Thursday's morning session saw 237 companies set new 52-week highs.

Brady: Q2 Earnings Insights

18 Feb 21

Brady Q2 EPS $0.59 Misses $0.61 Estimate, Sales $265.84M Miss $270.07M Estimate

18 Feb 21

Press releases

Pro users get this 30m faster

Brady Corporation Announces Tender Offer to Acquire Nordic ID Oyj

15 Apr 21

MILWAUKEE, April 15, 2021 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE:BRC) ("Brady") and Nordic ID Oyj (HEL: NORDID) ("Nordic ID" or the "Company") today announced that they have entered into a definitive transaction

Brady Corporation declares regular dividend to shareholders

17 Feb 21

MILWAUKEE, Feb. 17, 2021 (GLOBE NEWSWIRE) -- On February 17, 2021, Brady Corporation's (NYSE:BRC) Board of Directors declared a quarterly dividend to shareholders of the company's Class A Common Stock of $0.22 per

Brady Corporation Announces Earnings Conference Call

18 Jan 21

MILWAUKEE, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE:BRC), will announce its fiscal 2021 second quarter financial results on Thursday, February 18, 2021. A conference call will be held beginning at

Calendar

18 Feb 21

18 Apr 21

31 Jul 21

Financial summary

Financial statements Chart BRC financial data

Quarter (USD)	Jan 21	Oct 20	Jul 20	Apr 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jul 20	Jul 19	Jul 18	Jul 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Brady earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	277.59M	277.59M	277.59M	277.59M	277.59M	277.59M
Cash burn (monthly)	(positive/no burn)	1.02M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	2.65M	n/a	n/a	n/a	n/a
Cash remaining	n/a	274.94M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	270.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

BRC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Apr 21	Richardson Bradley C	Class A Common Stock	Grant	Aquire A	Yes	No	55.35	498	27.56K	59,461
12 Apr 21	Williams Michelle Elizabeth	Class A Common Stock	Grant	Aquire A	Yes	No	55.35	371	20.53K	11,076
12 Apr 21	Allender Patrick W	Class A Common Stock	Grant	Aquire A	Yes	No	55.35	475	26.29K	74,077
12 Apr 21	Goodkind Conrad G	Class A Common Stock	Grant	Aquire A	Yes	No	55.35	702	38.86K	86,875
6 Apr 21	Andrew Gorman	Class A Common Stock	Payment of exercise	Dispose F	No	No	55.86	985	55.02K	6,659

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

BRC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	177	179	-1.1%
Opened positions	27	18	+50.0%
Closed positions	29	23	+26.1%
Increased positions	57	64	-10.9%
Reduced positions	73	73	–

13F shares	Current	Prev Q	Change
Total value	2.15B	1.59B	+35.4%
Total shares	40.76M	39.74M	+2.6%
Total puts	0	3.6K	EXIT
Total calls	8.4K	0	NEW
Total put/call ratio	–	Infinity	–

Largest owners	Shares	Value	Change
BLK Blackrock	7.37M	$389.26M	+4.3%
Vanguard	5.1M	$269.49M	+1.9%
STT State Street	3.62M	$191.17M	+4.4%
JHG Janus Henderson	3.23M	$170.61M	+32.9%
JPM JPMorgan Chase & Co.	2.34M	$123.73M	+6.2%
Renaissance Technologies	1.89M	$99.6M	-13.1%
TROW T. Rowe Price	1.57M	$83.18M	+64.4%
Dimensional Fund Advisors	1.44M	$76.03M	-1.0%
Norges Bank	860.77K	$45.47M	NEW
Vaughan Nelson Investment Management	829.81K	$43.83M	+2.2%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	860.77K	+860.77K	NEW
JHG Janus Henderson	3.23M	+799.21K	+32.9%
TROW T. Rowe Price	1.57M	+616.7K	+64.4%
APG Asset Management	23.59K	-539.01K	-95.8%
Fiduciary Management	526.58K	+526.58K	NEW
BLK Blackrock	7.37M	+303.96K	+4.3%
Renaissance Technologies	1.89M	-283.5K	-13.1%
GS Goldman Sachs	609.82K	-261.1K	-30.0%
Grantham, Mayo, Van Otterloo & Co.	249.65K	-242.8K	-49.3%
MS Morgan Stanley	178.35K	-241.56K	-57.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

Our results of operations have been and will in the future be adversely impacted by the COVID-19 pandemic or other pandemics, and the duration and extent to which it will impact our business and financial results remains uncertain.

Management Discussion

References in this Form 10-Q to “organic sales” refer to sales calculated in accordance with GAAP, excluding the impact of foreign currency translation. The Company's organic sales disclosures exclude the effects of foreign currency translation as foreign currency translation is subject to volatility that can obscure underlying business trends. Management believes that the non-GAAP financial measure of organic sales is meaningful to investors as it provides them with useful information to aid in identifying underlying sales trends in our businesses and facilitating comparisons of our sales performance with prior periods.
Net sales for the three months ended January 31, 2021, decreased 3.9% to $265.8 million, compared to $276.7 million in the same period of the prior year. The decrease consisted of an organic sales decline of 6.3% and an increase from foreign currency translation of 2.4%. Organic sales declined 6.9% in the IDS segment and declined 4.8% in the WPS segment during the three months ended January 31, 2021, compared to the same period in the prior year. The COVID-19 pandemic had a significant impact on organic sales during the three months ended January 31, 2021.
Net sales for the six months ended January 31, 2021, decreased 3.6% to $543.1 million, compared to $563.6 million in the same period of the prior year. The decrease consisted of an organic sales decline of 5.6% and an increase from foreign currency translation of 2.0%. Organic sales declined 7.6% in the IDS segment and grew 0.4% in the WPS segment during the six months ended January 31, 2021, compared to the same period in the prior year. The COVID-19 pandemic had a significant impact on organic sales during the six months ended January 31, 2021, with the impact varying between the IDS and WPS segments.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. senior Avg

New words: core, IA, inorganic, insourcing, moderating, recovered, statutory

Removed: activity, broader, denominator, determined, digit, equal, estimated, exercised, Germany, Mexico, numerator, remained, supportable, target, valuation

From filing 10-Q 2021 Q2