ID tech company Brady's Q4 sales, profit beat estimates

Overview

• Brady Q4 sales rise 15.7%, beating analyst expectations, per LSEG data

• Adjusted EPS hits record $1.26, surpassing consensus estimates, per LSEG data

• Operating income and pretax profit for Q4 missed analyst estimates

Outlook

• Brady expects FY 2026 GAAP EPS of $4.55 to $4.85

• Brady forecasts FY 2026 adjusted EPS of $4.85 to $5.15

• Company anticipates 15.5%-23.1% GAAP EPS growth in FY 2026

• Company expects 5.4%-12.0% growth in adjusted EPS for FY 2026

Result Drivers

• ACQUISITIONS - Sales growth driven by acquisitions, contributing 11.3% to the increase

• ORGANIC GROWTH - Organic sales growth of 2.4% in Q4, with strong performance in Americas & Asia

• CURRENCY IMPACT - Foreign currency translation contributed 2.0% to sales growth

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the business support supplies peer group is "buy."

• Wall Street's median 12-month price target for Brady Corp is $87.00, about 10.7% above its September 3 closing price of $77.70

• The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX9JjT67