Brunswick Corporation (NYSE:BC) Given Consensus Rating of "Hold" by Analysts

Key Points

• Brunswick Corporation has received a consensus rating of "Hold" from 16 brokerages, with nine analysts recommending a hold and seven a buy.
• The average 1-year price target for Brunswick's stock is $67.62, which reflects a potential upside from its current trading price of around $62.51.
• Recent institutional investments in Brunswick include GAMMA Investing raising its stake by 59.3%, indicating increased confidence from institutional investors.

Shares of Brunswick Corporation (NYSE:BC - Get Free Report) have received an average rating of "Hold" from the sixteen brokerages that are currently covering the company, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $67.6154.

A number of equities research analysts have recently issued reports on the company. Zacks Research cut Brunswick from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. JPMorgan Chase & Co. boosted their price objective on Brunswick from $63.00 to $70.00 and gave the stock a "neutral" rating in a report on Tuesday, September 23rd. Wall Street Zen upgraded Brunswick from a "hold" rating to a "buy" rating in a report on Monday, September 15th. DA Davidson lifted their price target on shares of Brunswick from $43.00 to $59.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Brunswick in a research report on Wednesday, October 8th.

Institutional Investors Weigh In On Brunswick

A number of hedge funds and other institutional investors have recently made changes to their positions in BC. GAMMA Investing LLC raised its position in shares of Brunswick by 59.3% in the first quarter. GAMMA Investing LLC now owns 1,276 shares of the company's stock valued at $69,000 after buying an additional 475 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Brunswick by 33.3% in the first quarter. Fifth Third Bancorp now owns 1,078 shares of the company's stock valued at $58,000 after buying an additional 269 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Brunswick by 7.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,349 shares of the company's stock valued at $396,000 after buying an additional 484 shares in the last quarter. Hudson Edge Investment Partners Inc. raised its position in shares of Brunswick by 63.2% in the first quarter. Hudson Edge Investment Partners Inc. now owns 12,361 shares of the company's stock valued at $666,000 after buying an additional 4,787 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of Brunswick by 171.6% in the first quarter. First Horizon Advisors Inc. now owns 755 shares of the company's stock valued at $41,000 after buying an additional 477 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Brunswick Trading Down 1.0%

Shares of NYSE:BC opened at $62.51 on Friday. Brunswick has a 12-month low of $41.00 and a 12-month high of $87.65. The stock has a market cap of $4.08 billion, a PE ratio of 100.82 and a beta of 1.36. The business has a 50 day moving average of $63.61 and a 200-day moving average of $56.70. The company has a quick ratio of 0.70, a current ratio of 1.68 and a debt-to-equity ratio of 1.10.

Brunswick (NYSE:BC - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.27. Brunswick had a return on equity of 10.73% and a net margin of 0.82%.The company had revenue of $1.45 billion during the quarter, compared to analysts' expectations of $1.25 billion. During the same quarter in the previous year, the company posted $1.80 earnings per share. The business's revenue was up .2% on a year-over-year basis. Brunswick has set its FY 2025 guidance at 3.250-3.250 EPS. Q3 2025 guidance at 0.750-0.900 EPS. As a group, equities research analysts forecast that Brunswick will post 4.19 earnings per share for the current year.

About Brunswick

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.

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