Market Update: Brunswick Corp. (BC) Sees Negative Movement, Closing at 77.17

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In the latest session, Brunswick Corp. (NYSE: BC) closed at $77.17 down -1.03% from its previous closing price of $77.97. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 1.06 million shares were traded. BC stock price reached its highest trading level at $77.68 during the session, while it also had its lowest trading level at $74.66.

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 9.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.06. 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 1.45 whereas as Long-Term Debt/Eq ratio is at 1.23.

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 this company, The Benchmark Company on May 22, 2024, initiated with a Buy rating and assigned the stock a target price of $100.

On April 15, 2024, Exane BNP Paribas Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $94 to $82.

B. Riley Securities Upgraded its Neutral to Buy on February 20, 2024, whereas the target price for the stock was revised 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 May 09 ’24 when Preisser Brenna sold 1,225 shares for $82.09 per share. The transaction valued at 100,560 led to the insider holds 58,076 shares of the business.

COOPER NANCY E sold 357 shares of BC for $28,681 on May 01 ’24. The Director now owns 23,211 shares after completing the transaction at $80.34 per share. On Feb 26 ’24, another insider, FOULKES DAVID M, who serves as the Chief Executive Officer of the company, sold 35,000 shares for $87.11 each. As a result, the insider received 3,048,850 and left with 272,626 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 5268210688 and an Enterprise Value of 7632959488. As of this moment, Brunswick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.34, and their Forward P/E ratio for the next fiscal year is 9.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 2.55. Its current Enterprise Value per Revenue stands at 1.267 whereas that against EBITDA is 8.037.

Stock Price History:

The Beta on a monthly basis for BC is 1.52, which has changed by -0.12939984 over the last 52 weeks, in comparison to a change of 0.21656322 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 0.14%, while the 200-Day Moving Average is calculated to be -6.31%.

Shares Statistics:

For the past three months, BC has traded an average of 741.65K shares per day and 935500 over the past ten days. A total of 68.23M shares are outstanding, with a floating share count of 66.63M. Insiders hold about 1.39% of the company’s shares, while institutions hold 101.00% stake in the company. Shares short for BC as of 1719532800 were 5373479 with a Short Ratio of 7.25, compared to 1717113600 on 5076811. Therefore, it implies a Short% of Shares Outstanding of 5373479 and a Short% of Float of 8.9700006.

Dividends & Splits

According to the company, the forward annual dividend rate for BC is 1.64, from 1.62 in the trailing year. Against a Trailing Annual Dividend Yield of 0.020777222The stock’s 5-year Average Dividend Yield is 1.65. The current Payout Ratio is 26.83% for BC, which recently paid a dividend on 2024-05-10 with an ex-dividend date of 1724198400. Stock splits for the company last occurred on 1987-06-10 when the company split stock in a 2:1 ratio.

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