Brunswick (NYSE:BC) Given New $68.00 Price Target at Roth Capital

Brunswick (NYSE:BC - Get Free Report) had its target price increased by stock analysts at Roth Capital from $60.00 to $68.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Roth Capital's price target indicates a potential upside of 14.16% from the company's current price. Roth Capital also issued estimates for Brunswick's Q3 2025 earnings at $1.21 EPS, Q4 2025 earnings at $0.78 EPS, FY2025 earnings at $3.34 EPS, Q1 2026 earnings at $0.76 EPS, Q2 2026 earnings at $1.28 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $0.86 EPS and FY2026 earnings at $4.17 EPS.

A number of other brokerages have also recently weighed in on BC. Jefferies Financial Group reduced their price target on shares of Brunswick from $64.00 to $45.00 and set a "hold" rating on the stock in a research report on Thursday, April 24th. Robert W. Baird lifted their target price on shares of Brunswick from $56.00 to $60.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Citigroup restated a "buy" rating and set a $68.00 price objective (up previously from $61.00) on shares of Brunswick in a research note on Monday, June 16th. DA Davidson restated a "neutral" rating and set a $43.00 price objective (down previously from $64.00) on shares of Brunswick in a research note on Monday, April 28th. Finally, BMO Capital Markets reduced their price target on Brunswick from $75.00 to $65.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $69.46.

Brunswick Trading Up 0.3%

Shares of BC traded up $0.18 during mid-day trading on Wednesday, hitting $59.57. The company had a trading volume of 177,674 shares, compared to its average volume of 964,607. The business's 50-day simple moving average is $56.08 and its 200-day simple moving average is $56.70. The company has a quick ratio of 0.65, a current ratio of 1.57 and a debt-to-equity ratio of 1.12. Brunswick has a 1-year low of $41.00 and a 1-year high of $87.65. The stock has a market cap of $3.91 billion, a PE ratio of 49.23 and a beta of 1.27.

Brunswick (NYSE:BC - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.27. Brunswick had a return on equity of 12.88% and a net margin of 1.62%. The firm had revenue of $1.45 billion for the quarter, compared to analysts' expectations of $1.25 billion. During the same quarter last year, the firm earned $1.80 earnings per share. The firm's revenue for the quarter was up .2% compared to the same quarter last year. Sell-side analysts forecast that Brunswick will post 4.19 earnings per share for the current year.

Insiders Place Their Bets

In other news, VP Christopher F. Dekker sold 2,092 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $58.47, for a total transaction of $122,319.24. Following the completion of the transaction, the vice president directly owned 44,466 shares of the company's stock, valued at approximately $2,599,927.02. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.81% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Brunswick

Several institutional investors have recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC grew its position in shares of Brunswick by 31.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 15,686 shares of the company's stock worth $867,000 after acquiring an additional 3,793 shares during the last quarter. Inspire Investing LLC grew its position in Brunswick by 16.4% in the 2nd quarter. Inspire Investing LLC now owns 8,681 shares of the company's stock worth $480,000 after purchasing an additional 1,221 shares during the last quarter. Blue Trust Inc. grew its position in Brunswick by 24.7% in the 2nd quarter. Blue Trust Inc. now owns 1,041 shares of the company's stock worth $58,000 after purchasing an additional 206 shares during the last quarter. Tectonic Advisors LLC bought a new position in Brunswick in the 2nd quarter worth approximately $1,734,000. Finally, KLP Kapitalforvaltning AS grew its holdings in Brunswick by 7.9% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 13,700 shares of the company's stock worth $757,000 after buying an additional 1,000 shares in the last quarter. 99.34% of the stock is owned by institutional investors.

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.