Brunswick (NYSE:BC) Issues Quarterly Earnings Results

Brunswick (NYSE:BC - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.06, RTT News reports. Brunswick had a net margin of 5.02% and a return on equity of 19.15%. During the same period in the prior year, the firm earned $1.45 EPS. Brunswick updated its FY 2025 guidance to 3.500-5.000 EPS and its Q1 2025 guidance to 0.150-0.250 EPS.

Brunswick Trading Down 2.3 %

BC stock traded down $1.59 during trading on Friday, hitting $67.45. The company had a trading volume of 1,359,006 shares, compared to its average volume of 779,485. The firm has a 50-day moving average price of $70.37 and a 200-day moving average price of $76.57. The company has a quick ratio of 0.74, a current ratio of 1.97 and a debt-to-equity ratio of 1.17. The stock has a market cap of $4.45 billion, a price-to-earnings ratio of 16.78 and a beta of 1.54. Brunswick has a 12 month low of $62.64 and a 12 month high of $96.65.

Analysts Set New Price Targets

Several research firms recently issued reports on BC. DA Davidson decreased their price objective on shares of Brunswick from $80.00 to $60.00 and set a "neutral" rating for the company in a report on Wednesday, January 22nd. Citigroup dropped their target price on shares of Brunswick from $92.00 to $85.00 and set a "buy" rating on the stock in a research report on Tuesday. Morgan Stanley boosted their price objective on Brunswick from $64.00 to $65.00 and gave the company an "equal weight" rating in a research report on Friday. B. Riley cut Brunswick from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $95.00 to $88.00 in a research report on Tuesday, November 26th. Finally, Benchmark reduced their price objective on shares of Brunswick from $100.00 to $90.00 and set a "buy" rating for the company in a report on Friday. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Brunswick has a consensus rating of "Moderate Buy" and an average target price of $81.85.

Brunswick Company Profile

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.