The closing price of Brunswick Corp. (NYSE: BC) was $88.61 for the day, down -2.35% from the previous closing price of $90.74. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 880327 shares were traded. BC stock price reached its highest trading level at $90.92 during the session, while it also had its lowest trading level at $88.51.
Ratios:
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 12.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on February 20, 2024, Upgraded its rating to Buy and sets its target price to $108 from $100 previously.
B. Riley Securities Downgraded its Buy to Neutral on January 02, 2024, while the target price for the stock was maintained at $106.
Insider Transactions:
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 Feb 26 ’24 when FOULKES DAVID M sold 35,000 shares for $87.11 per share. The transaction valued at 3,048,850 led to the insider holds 272,626 shares of the business.
COOPER NANCY E sold 357 shares of BC for $31,384 on Feb 22 ’24. The Director now owns 22,549 shares after completing the transaction at $87.91 per share. On Feb 16 ’24, another insider, Gwillim Ryan M, who serves as the E.V.P. & CFO of the company, sold 9,036 shares for $87.10 each. As a result, the insider received 787,036 and left with 28,966 shares of the company.
Valuation Measures:
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 6.02B and an Enterprise Value of 8.14B. As of this moment, Brunswick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.89, and their Forward P/E ratio for the next fiscal year is 10.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is 8.03.
Stock Price History:
Over the past 52 weeks, BC has reached a high of $99.68, while it has fallen to a 52-week low of $66.47. The 50-Day Moving Average of the stock is 89.02, while the 200-Day Moving Average is calculated to be 83.64.
Shares Statistics:
BC traded an average of 738.15K shares per day over the past three months and 757.6k shares per day over the past ten days. A total of 68.23M shares are outstanding, with a floating share count of 67.03M. Insiders hold about 1.31% of the company’s shares, while institutions hold 101.18% stake in the company. Shares short for BC as of Mar 28, 2024 were 4.49M with a Short Ratio of 6.08, compared to 3.7M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.60% and a Short% of Float of 7.44%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.60, BC has a forward annual dividend rate of 1.62. Against a Trailing Annual Dividend Yield of 1.76%, it implies a Forward Annual Dividend Yield of 1.90%. The stock’s 5-year Average Dividend Yield is 1.64. The current Payout Ratio is 26.83% for BC, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 23, 2024. Stock splits for the company last occurred on Feb 16, 2005 when the company split stock in a 1:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 15 analysts. On average, analysts expect EPS of $1.35 for the current quarter, with a high estimate of $1.4 and a low estimate of $1.3, while EPS last year was $2.57. The consensus estimate for the next quarter is $2.06, with high estimates of $2.27 and low estimates of $1.88.
Analysts are recommending an EPS of between $8 and $7 for the fiscal current year, implying an average EPS of $7.47. EPS for the following year is $8.76, with 17 analysts recommending between $10 and $7.45.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $1.42B to a low estimate of $1.32B. As of the current estimate, Brunswick Corp.’s year-ago sales were $1.71B, an estimated decrease of -20.00% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $1.62B, a decrease of -4.90% over than the figure of -$20.00% in the same quarter last year. There is a high estimate of $1.69B for the next quarter, whereas the lowest estimate is $1.52B.
A total of 17 analysts have provided revenue estimates for BC’s current fiscal year. The highest revenue estimate was $6.2B, while the lowest revenue estimate was $5.95B, resulting in an average revenue estimate of $6.06B. In the same quarter a year ago, actual revenue was $6.4B, down -5.30% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $6.43B in the next fiscal year. The high estimate is $6.79B and the low estimate is $6.12B. The average revenue growth estimate for next year is up 6.00% from the average revenue estimate for this year.
