Brunswick (NYSE:BC) Issues Quarterly Earnings Results

Brunswick (NYSE:BC - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter in the previous 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 Trading Down 2.3 %

Shares of NYSE:BC traded down $1.59 during mid-day trading on Friday, reaching $67.45. 1,359,006 shares of the company were exchanged, compared to its average volume of 779,485. Brunswick has a 1 year low of $62.64 and a 1 year high of $96.65. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.97 and a quick ratio of 0.74. The firm's 50-day simple moving average is $70.37 and its 200 day simple moving average is $76.57. The firm has a market cap of $4.45 billion, a price-to-earnings ratio of 16.78 and a beta of 1.54.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Truist Financial lowered their target price on Brunswick from $90.00 to $85.00 and set a "buy" rating on the stock in a report on Tuesday, January 7th. Roth Mkm lowered their price objective on Brunswick from $91.00 to $85.00 and set a "buy" rating on the stock in a research note on Friday, January 24th. Benchmark cut their target price on Brunswick from $100.00 to $90.00 and set a "buy" rating for the company in a research note on Friday. Morgan Stanley boosted their price target on shares of Brunswick from $64.00 to $65.00 and gave the company an "equal weight" rating in a research report on Friday. Finally, DA Davidson cut their price objective on shares of Brunswick from $80.00 to $60.00 and set a "neutral" rating for the company in a research report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $81.85.

About Brunswick

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.