Brady Corporation (BRC)
NYSEIndustrialsSecurity & Protection ServicesSnapshot 2026-09-09
$87.43-1.34%
Close 2026-09-09 · 1-day change
NYSEIndustrialsSecurity & Protection ServicesSnapshot 2026-09-09
Warn: Primary pillar under pressure — Maintain revenue growth at or above 13.8% YoY: 10.0% vs 13.8% target.
Brady grew sales 13.8% in Q3 2026. Profit rose to $73.2 million. The company aims to keep growing sales and profits. It is buying Honeywell's PSS business to expand.
Brady cut its EPS guidance for 2026. The acquisition deal with Honeywell was terminated. Board member departures may hurt management stability.
The price is about 1% below our fair value near $93. Analysts expect 52% revenue growth. Our view agrees with this growth but sees risks in guidance cuts.
Breaks if: Operating income falls below $67 million next year
Breaks if: YoY revenue growth falls below 8% next year
Acquisition deal is terminated or significantly delayed
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround opportunity with a focus on growth through acquisitions and organic revenue. The current thesis state is cautious, as recent earnings misses have raised concerns, but management is actively pursuing strategic priorities.
The market appears to have priced in a low level of execution quality, reflecting a cautious sentiment. BRC is seen as relatively cheap compared to its peers, but there is an expectations gap indicating that investors may be anticipating weaker performance.
Management is on track with its priorities, showing positive trends in revenue and operating income. However, the company has faced recent earnings misses, which could pose a risk to its near-term performance.
The long-term thesis hinges on BRC's ability to raise guidance in upcoming quarters and the performance of sector bellwethers. If competitors continue to perform well, this could provide a favorable backdrop for BRC.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. Record revenue and earnings per share support growth objectives. The company lifted its annual dividend for the 41st straight year, reflecting strong capital allocation. There are no new threats impacting the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Over the next 1 to 3 years, BRC's performance will depend on execution and sector dynamics. Not investment advice.