FY2025 Earnings Estimate for Brunswick Issued By DA Davidson

Brunswick Co. (NYSE:BC - Free Report) - Equities research analysts at DA Davidson increased their FY2025 EPS estimates for Brunswick in a research report issued on Monday, February 3rd. DA Davidson analyst B. Rolle now expects that the company will earn $4.25 per share for the year, up from their prior estimate of $4.00. DA Davidson currently has a "Neutral" rating and a $60.00 target price on the stock. The consensus estimate for Brunswick's current full-year earnings is $4.20 per share.

Brunswick (NYSE:BC - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.06. Brunswick had a return on equity of 15.41% and a net margin of 2.48%. During the same quarter in the previous year, the firm posted $1.45 EPS.

A number of other research firms also recently issued reports on BC. Morgan Stanley lifted their price objective on shares of Brunswick from $64.00 to $65.00 and gave the company an "equal weight" rating in a report on Friday, January 31st. Benchmark lowered their price target on Brunswick from $100.00 to $90.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Roth Mkm cut their price objective on Brunswick from $91.00 to $85.00 and set a "buy" rating for the company in a report on Friday, January 24th. B. Riley lowered shares of Brunswick from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $95.00 to $88.00 in a research report on Tuesday, November 26th. Finally, Stifel Nicolaus cut their target price on shares of Brunswick from $95.00 to $86.00 and set a "buy" rating for the company in a research note on Wednesday, January 15th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $81.85.

Brunswick Stock Down 1.0 %

Shares of BC traded down $0.69 during midday trading on Wednesday, hitting $65.66. The stock had a trading volume of 635,093 shares, compared to its average volume of 744,441. The company has a 50 day simple moving average of $68.84 and a two-hundred day simple moving average of $76.10. Brunswick has a twelve month low of $62.64 and a twelve month high of $96.65. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 34.56 and a beta of 1.54. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.65 and a quick ratio of 0.63.

Institutional Trading of Brunswick

Hedge funds and other institutional investors have recently made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in Brunswick during the third quarter worth approximately $26,000. Armstrong Advisory Group Inc. bought a new stake in Brunswick in the fourth quarter valued at $39,000. Financial Perspectives Inc acquired a new position in shares of Brunswick during the fourth quarter valued at about $42,000. Avior Wealth Management LLC boosted its position in shares of Brunswick by 1,073.7% during the 3rd quarter. Avior Wealth Management LLC now owns 669 shares of the company's stock worth $56,000 after purchasing an additional 612 shares in the last quarter. Finally, Covestor Ltd increased its position in Brunswick by 669.0% in the 3rd quarter. Covestor Ltd now owns 969 shares of the company's stock valued at $81,000 after buying an additional 843 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Brunswick

In other Brunswick news, Director Nancy E. Cooper sold 433 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $65.65, for a total value of $28,426.45. Following the sale, the director now owns 25,361 shares in the company, valued at $1,664,949.65. This trade represents a 1.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.81% of the company's stock.

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.