The closing price of Brunswick Corporation (NYSE: BC) was $76.19 for the day, up 1.05% from the previous closing price of $75.40. In other words, the price has increased by $+0.79 from its previous closing price. On the day, 510758 shares were traded. BC stock price reached its highest trading level at $76.65 during the session, while it also had its lowest trading level at $75.07.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Our analysis of BC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.17.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 19 when Preisser Brenna sold 1,309 shares for $76.21 per share. The transaction valued at 99,759 led to the insider holds 52,174 shares of the business.
FOULKES DAVID M sold 13,000 shares of BC for $1,058,200 on May 05. The Chief Executive Officer now owns 241,957 shares after completing the transaction at $81.40 per share. On May 02, another insider, Gwillim Ryan M, who serves as the E.V.P. & CFO of the company, sold 3,945 shares for $84.45 each. As a result, the insider received 333,155 and left with 24,698 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BC now has a Market Capitalization of 6.04B and an Enterprise Value of 8.17B. As of this moment, Brunswick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.11, and their Forward P/E ratio for the next fiscal year is 6.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 1.20 whereas that against EBITDA is 6.90.
Stock Price History:
Over the past 52 weeks, BC has reached a high of $93.15, while it has fallen to a 52-week low of $61.89. The 50-Day Moving Average of the stock is 80.37, while the 200-Day Moving Average is calculated to be 77.40.
BC traded an average of 576.70K shares per day over the past three months and 540.92k shares per day over the past ten days. A total of 71.50M shares are outstanding, with a floating share count of 70.21M. Insiders hold about 0.60% of the company’s shares, while institutions hold 95.70% stake in the company. Shares short for BC as of Apr 27, 2023 were 2.89M with a Short Ratio of 3.17M, compared to 2.71M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.08% and a Short% of Float of 4.58%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.50, BC has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 1.98%, it implies a Forward Annual Dividend Yield of 2.10%. The stock’s 5-year Average Dividend Yield is 1.54. The current Payout Ratio is 17.90% for BC, which recently paid a dividend on Jun 14, 2023 with an ex-dividend date of May 11, 2023. Stock splits for the company last occurred on Feb 15, 2005 when the company split stock in a 1:1 ratio.
The firm’s stock currently is rated by 15 analysts. On average, analysts expect EPS of $2.75 for the current quarter, with a high estimate of $3.12 and a low estimate of $2.65, while EPS last year was $2.82. The consensus estimate for the next quarter is $2.86, with high estimates of $3.11 and low estimates of $2.64.
Analysts are recommending an EPS of between $11 and $9.81 for the fiscal current year, implying an average EPS of $10.35. EPS for the following year is $11.22, with 16 analysts recommending between $12.25 and $10.7.
It is expected that $90B in revenue will be generated in the current quarter, according to 13 analysts. It ranges from a high estimate of $1.9B to a low estimate of $1.8B. As of the current estimate, Brunswick Corporation’s year-ago sales were $1.84B, an estimated increase of 0.90% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $1.76B, an increase of 3.40% over than the figure of $0.90% in the same quarter last year. There is a high estimate of $1.81B for the next quarter, whereas the lowest estimate is $1.71B.
A total of 15 analysts have provided revenue estimates for BC’s current fiscal year. The highest revenue estimate was $7.12B, while the lowest revenue estimate was $6.81B, resulting in an average revenue estimate of $6.98B. In the same quarter a year ago, actual revenue was $6.81B, up 2.40% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $7.24B in the next fiscal year. The high estimate is $7.59B and the low estimate is $6.88B. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.