Telsey Advisory Group Downgrades BRC to Outperform with $2.5 PT.

Telsey Advisory Group Downgrades BRC to Outperform with $2.5 PT.

Telsey Advisory Group, a well-known financial research firm, has downgraded its rating for Brady Corporation (BRC) from a "neutral" rating to "outperform" with a new price target of $2.50 per share. This significant move follows the company's recent earnings report and insider trading activity.

According to the latest update from MarketBeat [1], BRC is scheduled to announce its Q2 2025 earnings on August 4th, with analysts expecting a loss of ($0.03) per share and revenue of $91.78 million. This earnings report will provide further insights into the company's financial health and growth prospects.

The downgrade comes amidst a backdrop of strong insider confidence in BRC's future performance. Director Glenn W. Welling purchased 400,000 shares of the firm's stock on July 18th, indicating a significant belief in the company's potential. Similarly, Director Evan Hafer purchased 80,000 shares, further underscoring the positive sentiment among top executives [1].

Institutional investors have also shown increased interest in BRC. Millennium Management LLC, Goldman Sachs Group Inc., and AQR Capital Management LLC have all increased their positions in the company, indicating a bullish outlook from these prominent investors [1].

Despite the positive signals, BRC's stock has been trading down, hitting a low of $1.19 over the past year. The company's current market cap stands at $248.80 million, with a P/E ratio of -19.39 and a beta of 0.90 [1].

Telsey Advisory Group's new rating and price target suggest that the firm believes BRC is undervalued and poised for a rebound. Investors should closely monitor the company's earnings report and the broader market sentiment to make informed investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/brc-brcc-to-release-earnings-on-monday-2025-07-28/
[2] https://www.stocktitan.net/news/BRC/