Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Brunswick Corp. (NYSE: BC) closed the day trading at $82.82 down -2.47% from the previous closing price of $84.92. In other words, the price has decreased by -$2.47 from its previous closing price. On the day, 0.73 million shares were traded. BC stock price reached its highest trading level at $84.98 during the session, while it also had its lowest trading level at $82.645.
Ratios:
For a better understanding of BC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.66. 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, 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:
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 5624993792 and an Enterprise Value of 7769635840. As of this moment, Brunswick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.91, and their Forward P/E ratio for the next fiscal year is 9.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 1.214 whereas that against EBITDA is 7.285.
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 -7.11%, while the 200-Day Moving Average is calculated to be -1.01%.
Shares Statistics:
Over the past 3-months, BC traded about 747.23K shares per day on average, while over the past 10 days, BC traded about 740920 shares per day. 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 101.16% stake in the company. Shares short for BC as of 1711584000 were 4485972 with a Short Ratio of 6.00, compared to 1709164800 on 3700021. Therefore, it implies a Short% of Shares Outstanding of 4485972 and a Short% of Float of 7.4399999999999995.
Dividends & Splits
BC’s forward annual dividend rate is 1.62, up from 1.6 a year ago. The stock’s 5-year Average Dividend Yield is 1.64.
Earnings Estimates
Investors are eagerly awaiting the insights provided by BTC analysts currently analyzing and rating the stock of Brunswick Corp. (BC).The consensus estimate for the next quarter is $170.21, with high estimates of $58.17 and low estimates of $35.23.
Analysts are recommending an EPS of between $Financial Services and $Financial Services for the fiscal current year, implying an average EPS of $Industrials.
