NYSE:BGG - Briggs & Stratton Stock Price, Forecast & News

Briggs & Stratton trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."

Briggs & Stratton announced a quarterly dividend on Thursday, October 31st. Shareholders of record on Wednesday, December 18th will be paid a dividend of $0.05 per share on Friday, January 3rd. This represents a $0.20 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Tuesday, December 17th. View Briggs & Stratton's Dividend History.

Briggs & Stratton declared that its Board of Directors has authorized a stock repurchase program on Wednesday, April 25th 2018, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

Briggs & Stratton Co. (NYSE:BGG) released its quarterly earnings data on Friday, November, 1st. The industrial products company reported ($0.67) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.73) by $0.06. The industrial products company had revenue of $313.70 million for the quarter, compared to analyst estimates of $291.14 million. Briggs & Stratton had a negative net margin of 2.50% and a negative return on equity of 4.18%. The firm's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.51) earnings per share. View Briggs & Stratton's Earnings History.

Briggs & Stratton is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Briggs & Stratton.

Briggs & Stratton updated its FY20 earnings guidance on Friday, November, 1st. The company provided EPS guidance of $0.20-0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $1.91-1.97 billion, compared to the consensus revenue estimate of $1.90 billion.

1 equities research analysts have issued 1 year price objectives for Briggs & Stratton's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Briggs & Stratton's share price to reach $14.00 in the next year. This suggests a possible upside of 167.2% from the stock's current price. View Analyst Price Targets for Briggs & Stratton.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Briggs & Stratton in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Briggs & Stratton.

Media coverage about BGG stock has been trending negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Briggs & Stratton earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Briggs & Stratton.

Briggs & Stratton saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 9,640,000 shares, an increase of 10.3% from the December 15th total of 8,740,000 shares. Based on an average daily volume of 855,100 shares, the days-to-cover ratio is presently 11.3 days. Approximately 23.9% of the shares of the company are short sold. View Briggs & Stratton's Current Options Chain.

Some companies that are related to Briggs & Stratton include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Briggs & Stratton investors own include Ford Motor (F), AT&T (T), CVS Health (CVS), General Electric (GE), Kraft Heinz (KHC), Occidental Petroleum (OXY), Twitter (TWTR), AbbVie (ABBV), IBM (IBM) and Bank of America (BAC).

Briggs & Stratton's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.03%). Company insiders that own Briggs & Stratton stock include David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler, Rachele Marie Lehr and Todd J Teske. View Institutional Ownership Trends for Briggs & Stratton.

BGG stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. Company insiders that have bought Briggs & Stratton stock in the last two years include David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler and Rachele Marie Lehr. View Insider Buying and Selling for Briggs & Stratton.

Shares of BGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BGG stock can currently be purchased for approximately $5.24.

Briggs & Stratton has a market capitalization of $222.60 million and generates $1.84 billion in revenue each year. The industrial products company earns $-54,080,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Briggs & Stratton employs 5,200 workers across the globe.View Additional Information About Briggs & Stratton.

The official website for Briggs & Stratton is http://www.basco.com/.

Briggs & Stratton's mailing address is 12301 WEST WIRTH STREET, WAUWATOSA WI, 53222. The industrial products company can be reached via phone at 414-259-5333.