Daily Progress: Brunswick Corp. (BC) Gain 1.27, Closing at 82.11

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In the latest session, Brunswick Corp. (NYSE: BC) closed at $82.11 up 1.27% from its previous closing price of $81.08. In other words, the price has increased by $1.27 from its previous closing price. On the day, 0.5 million shares were traded. BC stock price reached its highest trading level at $82.55 during the session, while it also had its lowest trading level at $81.2.

Ratios:

For a deeper understanding of Brunswick Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.16.

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, Exane BNP Paribas on April 15, 2024, Downgraded its rating to Neutral and sets its target price to $82 from $94 previously.

On February 20, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $100 to $108.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 5576772096 and an Enterprise Value of 7886213120. As of this moment, Brunswick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.27, and their Forward P/E ratio for the next fiscal year is 9.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 1.309 whereas that against EBITDA is 8.304.

Stock Price History:

The Beta on a monthly basis for BC is 1.59, which has changed by -0.047005594 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 -7.59%, while the 200-Day Moving Average is calculated to be -1.74%.

Shares Statistics:

For the past three months, BC has traded an average of 786.93K shares per day and 812920 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 101.07% stake in the company. Shares short for BC as of 1713139200 were 4775990 with a Short Ratio of 6.07, compared to 1710460800 on 3945663. Therefore, it implies a Short% of Shares Outstanding of 4775990 and a Short% of Float of 7.93.

Dividends & Splits

According to the company, the forward annual dividend rate for BC is 1.62, from 1.62 in the trailing year. Against a Trailing Annual Dividend Yield of 0.019980267The 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 2024-02-23 with an ex-dividend date of 1708646400. Stock splits for the company last occurred on 1987-06-10 when the company split stock in a 2:1 ratio.

Earnings Estimates

The dynamic stock of Brunswick Corp. (BC) is currently being evaluated by a team of 16.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $1.93 for the current quarter, with a high estimate of $2.08 and a low estimate of $1.84, while EPS last year was $2.35. The consensus estimate for the next quarter is $2.35, with high estimates of $2.56 and low estimates of $2.2.

Analysts are recommending an EPS of between $8.0 and $6.68 for the fiscal current year, implying an average EPS of $7.32. EPS for the following year is $8.56, with 18.0 analysts recommending between $10.0 and $7.36.

Revenue Estimates

A total of 15 analysts believe the company’s revenue will be $1.57B this quarter.It ranges from a high estimate of $1.68B to a low estimate of $1.49B. As of the current estimate, Brunswick Corp.’s year-ago sales were $1.7BFor the next quarter, 15 analysts are estimating revenue of $1.64B. There is a high estimate of $1.69B for the next quarter, whereas the lowest estimate is $1.58B.

A total of 18 analysts have provided revenue estimates for BC’s current fiscal year. The highest revenue estimate was $6.2B, while the lowest revenue estimate was $5.55B, resulting in an average revenue estimate of $6.01B. In the same quarter a year ago, actual revenue was $6.4BBased on 18 analysts’ estimates, the company’s revenue will be $6.36B in the next fiscal year. The high estimate is $6.79B and the low estimate is $5.89B.

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