Brunswick (NYSE:BC) Announces Quarterly Earnings Results

Brunswick (NYSE:BCGet Free Report) issued its quarterly earnings data on Thursday. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06, RTT News reports. Brunswick had a return on equity of 19.15% and a net margin of 5.02%. During the same quarter last year, the firm posted $1.45 earnings per share. Brunswick updated its FY 2025 guidance to 3.500-5.000 EPS and its Q1 2025 guidance to 0.150-0.250 EPS.

Brunswick Price Performance

BC stock traded up $1.44 during midday trading on Thursday, reaching $69.61. The company had a trading volume of 468,295 shares, compared to its average volume of 677,670. The stock has a 50 day moving average price of $70.91 and a 200-day moving average price of $76.70. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of 17.30 and a beta of 1.54. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.97 and a quick ratio of 0.74. Brunswick has a 1-year low of $62.64 and a 1-year high of $96.65.

Insider Transactions at Brunswick

In related news, Director Nancy E. Cooper sold 366 shares of Brunswick stock in a transaction on Friday, November 1st. The shares were sold at an average price of $80.19, for a total value of $29,349.54. Following the completion of the sale, the director now owns 24,557 shares of the company’s stock, valued at approximately $1,969,225.83. This trade represents a 1.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.81% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Stifel Nicolaus cut their price target on shares of Brunswick from $95.00 to $86.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. DA Davidson decreased their target price on Brunswick from $80.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 22nd. Benchmark reissued a “buy” rating and issued a $100.00 price objective on shares of Brunswick in a research report on Friday, October 25th. Citigroup cut their price target on shares of Brunswick from $92.00 to $85.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Morgan Stanley lowered their price target on shares of Brunswick from $78.00 to $64.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $82.54.

Read Our Latest Research Report on BC

Brunswick Company Profile

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Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.

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Earnings History for Brunswick (NYSE:BC)

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