Brunswick (BC) Stock Forecast, Price & News

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. It operates through Propulsion; Parts & Accessories; and Boat segments. The Propulsion segment provides outboard, sterndrive, and inboard engines for independent boat builders and governments through marine dealers and distributors, specialty marine retailers, and marine service centers; and propulsion-related controls, rigging, and propellers to original equipment manufacturers and aftermarket retailers, distributors, and distribution businesses. This segment offers its products under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, and Mercury Diesel brands. The Parts & Accessories segment provides engine parts and consumables, electrical products, boat parts and systems, engine oils and lubricants, marine electronics and control systems, instruments, trolling motors, fuel systems, and electrical systems, as well as specialty vehicle, mobile, and transportation aftermarket products for aftermarket retailers, distributors, and distribution businesses, as well for as for the original equipment manufacturers in marine and non-marine markets; and supplies parts and accessories. This segment offers its products under the under the Mercury, Mercury Precision Parts, Quicksilver, and Seachoice brands. The Boat segment provides Sea Ray sport boats and cruisers; Bayliner sport cruisers, runabouts and Heyday wake; Boston Whaler fiberglass offshore boats; Lund fiberglass fishing boats; Crestliner, Cypress Cay, Harris, Lowe, Lund, Princecraft aluminum fishing, utility, pontoon, and deck boats; and Thunder Jet heavy-gauge aluminum boats, as well as the freedom boat club, dealer services, and technology to the marine industry through dealers and distributors. Brunswick Corporation was founded in 1845 and is headquartered in Mettawa, Illinois.

Analyst Upgrades and Downgrades

BC has been the topic of a number of analyst reports. MKM Partners began coverage on shares of Brunswick in a research report on Wednesday, July 13th. They issued a "buy" rating and a $96.00 target price on the stock. KeyCorp upped their price target on shares of Brunswick from $85.00 to $88.00 and gave the stock an "overweight" rating in a research report on Monday, August 1st. Stifel Nicolaus decreased their price target on shares of Brunswick from $123.00 to $115.00 in a research note on Monday, April 25th. B. Riley cut their price target on shares of Brunswick from $120.00 to $101.00 and set a "buy" rating on the stock in a report on Tuesday, June 21st. Finally, Raymond James increased their price objective on shares of Brunswick from $121.00 to $123.00 in a research report on Friday, April 29th. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, Brunswick presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.25.

Brunswick Stock Performance

Shares of BC Stock traded up $0.34 during trading hours on Friday, hitting $78.48. The stock had a trading volume of 504,892 shares, compared to its average volume of 645,741. The firm has a market capitalization of $5.84 billion, a PE ratio of 9.85 and a beta of 1.62. Brunswick has a twelve month low of $61.89 and a twelve month high of $108.51. The stock's 50 day moving average is $71.21 and its 200 day moving average is $79.77. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.99 and a quick ratio of 0.97.

Brunswick (NYSE:BC - Get Rating) last posted its quarterly earnings data on Thursday, July 28th. The company reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.70 by $0.12. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. Brunswick had a return on equity of 35.33% and a net margin of 9.64%. The company's revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.52 earnings per share. As a group, research analysts forecast that Brunswick will post 10.26 earnings per share for the current fiscal year.

Brunswick Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Wednesday, August 24th will be issued a $0.365 dividend. This represents a $1.46 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Tuesday, August 23rd. Brunswick's payout ratio is currently 18.32%.