After finishing at $89.32 in the prior trading day, Brunswick Corp. (NYSE: BC) closed at $85.10, down -4.72%. In other words, the price has decreased by -$4.22 from its previous closing price. On the day, 741050 shares were traded. BC stock price reached its highest trading level at $89.60 during the session, while it also had its lowest trading level at $84.71.
Ratios:
Our goal is to gain a better understanding of BC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.06. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 5.80B and an Enterprise Value of 7.93B. As of this moment, Brunswick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.30, and their Forward P/E ratio for the next fiscal year is 9.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 2.78. Its current Enterprise Value per Revenue stands at 1.24 whereas that against EBITDA is 7.81.
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 86.82, while the 200-Day Moving Average is calculated to be 82.69.
Shares Statistics:
The stock has traded on average 722.66K shares per day over the past 3-months and 563.73k shares per day over the last 10 days, according to various share statistics. A total of 68.23M shares are outstanding, with a floating share count of 67.02M. Insiders hold about 1.68% of the company’s shares, while institutions hold 100.91% stake in the company. Shares short for BC as of Feb 29, 2024 were 3.7M with a Short Ratio of 5.12, compared to 3.7M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.43% and a Short% of Float of 6.13%.
Dividends & Splits
In the trailing 12 months, BC’s forward annual dividend rate was 1.60, compared to 1.62 this year. Against a Trailing Annual Dividend Yield of 1.79%, it implies a Forward Annual Dividend Yield of 1.97%. 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
Its stock is currently analyzed by 15 different market 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
14 analysts predict $1.37B in revenue for the current quarter. 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.
