Brunswick (NYSE:BC) Price Target Raised to $59.00 at DA Davidson

Key Points

• DA Davidson raised Brunswick's price target from $43.00 to $59.00, maintaining a "neutral" rating, indicating a potential downside of 1.88% from the current price.
• Benchmark recently initiated coverage with a "buy" rating and a price target of $70.00, while six analysts have rated Brunswick with a hold and eight with a buy, leading to a consensus rating of "Moderate Buy."
• Brunswick's latest earnings report showed an EPS of $1.16, exceeding expectations and reflecting a revenue increase to $1.45 billion despite a slight year-over-year growth.

Brunswick (NYSE:BC - Get Free Report) had its price target raised by analysts at DA Davidson from $43.00 to $59.00 in a report issued on Monday,Benzinga reports. The firm currently has a "neutral" rating on the stock. DA Davidson's price objective would indicate a potential upside of 4.45% from the stock's current price. DA Davidson also issued estimates for Brunswick's Q3 2025 earnings at $0.84 EPS, FY2025 earnings at $3.22 EPS and FY2026 earnings at $4.20 EPS.

Several other equities analysts have also recently commented on BC. Benchmark started coverage on Brunswick in a research note on Monday, April 28th. They set a "buy" rating and a $70.00 target price for the company. Baird R W cut Brunswick from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Robert W. Baird increased their target price on Brunswick from $56.00 to $60.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Truist Financial reduced their target price on Brunswick from $85.00 to $60.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Jefferies Financial Group reduced their target price on Brunswick from $64.00 to $45.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $68.25.

Brunswick Stock Down 3.1%

NYSE BC traded down $1.81 on Monday, reaching $56.48. The company had a trading volume of 163,387 shares, compared to its average volume of 968,589. The firm has a market capitalization of $3.71 billion, a PE ratio of 90.88 and a beta of 1.27. Brunswick has a 1 year low of $41.00 and a 1 year high of $87.65. The firm has a 50-day moving average of $57.00 and a 200-day moving average of $56.49. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.68 and a quick ratio of 0.70.

Brunswick (NYSE:BC - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The company reported $1.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.27. The firm had revenue of $1.45 billion during the quarter, compared to analysts' expectations of $1.25 billion. Brunswick had a return on equity of 10.73% and a net margin of 0.82%. Brunswick's quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.80 EPS. On average, equities research analysts anticipate that Brunswick will post 4.19 EPS for the current fiscal year.

Insider Transactions at Brunswick

In related news, VP Christopher F. Dekker sold 2,092 shares of Brunswick stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $58.47, for a total transaction of $122,319.24. Following the transaction, the vice president directly owned 44,466 shares of the company's stock, valued at $2,599,927.02. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.81% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Allworth Financial LP grew its holdings in Brunswick by 4,972.7% during the first quarter. Allworth Financial LP now owns 558 shares of the company's stock worth $30,000 after acquiring an additional 547 shares during the period. UMB Bank n.a. boosted its position in shares of Brunswick by 695.7% in the 1st quarter. UMB Bank n.a. now owns 732 shares of the company's stock valued at $39,000 after purchasing an additional 640 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Brunswick by 477.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 727 shares of the company's stock valued at $39,000 after purchasing an additional 601 shares during the period. First Horizon Advisors Inc. boosted its position in shares of Brunswick by 171.6% in the 1st quarter. First Horizon Advisors Inc. now owns 755 shares of the company's stock valued at $41,000 after purchasing an additional 477 shares during the period. Finally, Signaturefd LLC boosted its position in shares of Brunswick by 451.0% in the 1st quarter. Signaturefd LLC now owns 810 shares of the company's stock valued at $44,000 after purchasing an additional 663 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

Brunswick Company Profile

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.