Brunswick Corporation (NYSE:BC - Get Free Report) passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $69.01 and traded as high as $74.63. Brunswick shares last traded at $74.3950, with a volume of 1,729,701 shares traded.
Brunswick News Summary
Here are the key news stories impacting Brunswick this week:
- Positive Sentiment: Brunswick reported quarterly adjusted earnings of $1.58 per share, well above the roughly $1.34–$1.35 analyst consensus and up from $0.97 in the prior-year quarter. The earnings beat is the primary catalyst for the stock’s advance. Brunswick Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: The company said it swung to a quarterly profit and issued fiscal-year 2026 financial guidance, giving investors greater visibility into expected performance. Revenue also increased 6.9% year over year, indicating continued business growth. Brunswick Swings to Profit and Announces FY26 Guidance
- Neutral Sentiment: Third-quarter revenue was $1.45 billion, slightly below the $1.46 billion analyst estimate. The modest revenue shortfall was offset by the substantially better-than-expected earnings performance. Brunswick Third-Quarter Earnings Report
- Negative Sentiment: Despite the earnings improvement, Brunswick’s reported net margin remained negative, which could temper enthusiasm if investors question the durability of the profit improvement. The stock also remains below its 200-day moving average, suggesting lingering longer-term concerns.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Weiss Ratings reissued a "sell (d+)" rating on shares of Brunswick in a research report on Monday, September 21st. Truist Financial reduced their target price on shares of Brunswick from $94.00 to $81.00 and set a "buy" rating on the stock in a research report on Friday, October 23rd. Robert W. Baird set a $92.00 price target on shares of Brunswick in a research note on Friday, July 31st. William Blair set a $94.00 price target on Brunswick in a report on Thursday, August 13th. Finally, Morgan Stanley set a $74.00 price target on Brunswick in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Brunswick currently has an average rating of "Moderate Buy" and an average target price of $84.60.
View Our Latest Stock Report on Brunswick
Brunswick Stock Performance
The business has a 50-day moving average of $69.01 and a two-hundred day moving average of $77.50. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. The company has a market cap of $4.82 billion, a P/E ratio of -56.79 and a beta of 1.38.
Brunswick (NYSE:BC - Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $1.58 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.23. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.46 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The firm's revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 earnings per share. On average, sell-side analysts predict that Brunswick Corporation will post 4.53 EPS for the current fiscal year.
Brunswick Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, November 24th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, November 24th. Brunswick's payout ratio is currently -134.35%.
Institutional Trading of Brunswick
A number of institutional investors have recently made changes to their positions in the business. Vise Technologies Inc. increased its stake in shares of Brunswick by 17.8% in the 3rd quarter. Vise Technologies Inc. now owns 6,677 shares of the company's stock valued at $429,000 after purchasing an additional 1,010 shares in the last quarter. Parcion Private Wealth LLC acquired a new stake in Brunswick in the third quarter valued at approximately $217,000. Deroy & Devereaux Private Investment Counsel Inc. increased its position in shares of Brunswick by 0.4% in the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 412,157 shares of the company's stock valued at $26,477,000 after buying an additional 1,577 shares in the last quarter. Peterson Wealth Services increased its position in shares of Brunswick by 11.3% in the third quarter. Peterson Wealth Services now owns 16,445 shares of the company's stock valued at $1,056,000 after buying an additional 1,674 shares in the last quarter. Finally, Citizens Financial Group Inc. RI purchased a new stake in shares of Brunswick in the third quarter valued at approximately $311,000. Institutional investors and hedge funds own 99.34% of the company's stock.
Brunswick Company Profile
(
Get Free Report)
Brunswick Corporation NYSE: BC is a marine recreation company that designs, manufactures and distributes products used in boating and related recreational activities. Its portfolio includes marine propulsion systems, boats, engines, electronics, boat control systems and other components, as well as parts and accessories.
The company's marine businesses include Mercury Marine, which produces outboard, sterndrive and inboard engines, and a range of boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Princecraft.
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