Back to top

Brady Corp

Read MoreHide Full Article
Brady Corp (BRC - Free Report) analysts are increasingly bullish thanks to the most recent earnings release. Estimates are on the rise and are pointing to a great long-term trend that should carry shares of this Zacks #1 Rank (Strong Buy) much higher.

Company Description

Brady Corp makes solutions that identify and protect premises, products and people. Some of the products and services included labels, signs, safety devices and printing systems. The company has customers in the electronics, manufacturing, education and medical fields, as well as others.

Another Surprise

Since beings featured as a Zacks Rank Buy back in December, Brady Corp has reported another earnings surprise. On Feb 18 the company said sales were up 11% for its fiscal second quarter, to $329 million. The bulk of the increase was driven by 9.8% organic sales growth.

Net income jumped 61% to $24.2 million. Earnings per share was $0.48, which was 9 cents better than expected and was the third surprise in the past 4 quarters.

Estimates Up

After the earnings surprise Brady Corp analysts raised full-year estimates for both fiscal 2011 and 2012. This year's Zacks Consensus Estimate is up 12 cents, to $2.29. Next year's projections are averaging $2.57, also up 12 cents.

In fiscal 2010 Brady Corp brought in $1.74 per share, putting projected growth rates at 32% for fiscal 2011 and another 12% in 2012.

The Chart

Shares of BRC have been climbing over the past few weeks, breaking out to new highs. While this recent move may keep some on the sidelines, the long-term earnings trend shows that the move is warranted and could continue for a while.

Read the December 16th Feature Here

Brady Corp - ticker BRC >

Bill Wilton is the Aggressive Growth Stock Strategist for He is also the Editor in charge of the market-beating Zacks Small Cap Trader service

This Week's Aggressive Growth Zacks Rank Buy Stocks

LMI Aerospace, Inc. (LMIA) may have a spotty earnings history, but estimates and guidance continue to improve.

This Zacks #1 Rank (Strong Buy) carries some risk, but it just might take off.

Read Full Article.

SodaStream Intl (SODA) is still hot after its recent IPO and its outlook is looking pretty fruitful.

Estimates for this Zacks #1 Rank (Strong Buy) are showing excellent growth rates, but are the expectations too lofty?

Read Full Article.

Rogers Corp (ROG) had a record-setting 2010 and is very optimistic about this year. Analysts have raised estimates and shares are still trading with solid valuations. This Zacks #1 Rank (Strong Buy) has a bright future.

Read Full Article.

Encore Wire Corp (WIRE) saw its top line swell last quarter thanks to both rising prices and volume. Earnings have turned around and estimates are on the rise.

This Zacks #1 Rank (Strong Buy) also boasts a rock-solid balance sheet and has plenty of upside.

Read Full Article.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Brady Corporation (BRC) - free report >>

More from Zacks Aggressive Growth

You May Like