About Briggs & Stratton Corporation (NYSE:BGG)
Briggs & Stratton Corporation is a producer of gasoline engines for outdoor power equipment. The Company designs, manufactures, markets, sells and services the various products for original equipment manufacturers (OEMs) around the world. It also markets and sells related service parts and accessories for its engines. Its subsidiary is a marketer of pressure washers, and it is a designer, manufacturer and marketer of power generation, lawn and garden, turf care and job site products through its Simplicity, Snapper, Snapper Pro, Ferris, PowerBoss, Allmand, Billy Goat, Murray, Branco and Victa brands. It operates in over 100 countries on six continents. It operates through two segments: Engines and Products. Its Engines segment sells engines around the world, primarily to OEMs of lawn and garden equipment and other gasoline engine-powered equipment. Its Products segment designs, manufactures and markets a range of outdoor power equipment, job site products and related accessories.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Engine & Powertrain Systems
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:BGG
- CUSIP: 10904310
- Web: www.basco.com
Capitalization:- Market Cap: $1.01502 billion
- Outstanding Shares: 42,755,000
Average Prices:- 50 Day Moving Avg: $22.94
- 200 Day Moving Avg: $23.29
- 52 Week Range: $17.90 - $25.92
P/E:- Trailing P/E Ratio: 18.46
- Foreward P/E Ratio: 15.40
- P/E Growth: -0.39
Sales & Book Value:- Annual Revenue: $1.79 billion
- Price / Sales: 0.58
- Book Value: $13.07 per share
- Price / Book: 1.85
Dividend:- Annual Dividend: $0.56
- Dividend Yield: 2.4%
Profitability:- EBITDA: $141.62 million
- Net Margins: 3.17%
- Return on Equity: 11.24%
- Return on Assets: 3.77%
Debt:- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 2.09%
- Quick Ratio: 0.95%
Misc:- Average Volume: 227,282 shs.
- Beta: 0.72
- Short Ratio: 15.58
Frequently Asked Questions for Briggs & Stratton Corporation (NYSE:BGG)
What is Briggs & Stratton Corporation's stock symbol?
Briggs & Stratton Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."
How often does Briggs & Stratton Corporation pay dividends? What is the dividend yield for Briggs & Stratton Corporation?
Briggs & Stratton Corporation declared a quarterly dividend on Wednesday, August 16th. Stockholders of record on Friday, September 15th will be given a dividend of $0.14 per share on Monday, October 2nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Thursday, September 14th. View Briggs & Stratton Corporation's Dividend History.
How were Briggs & Stratton Corporation's earnings last quarter?
Briggs & Stratton Corporation (NYSE:BGG) issued its quarterly earnings data on Wednesday, August, 16th. The company reported $0.46 EPS for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.06. The company had revenue of $474 million for the quarter, compared to analysts' expectations of $537.82 million. Briggs & Stratton Corporation had a return on equity of 11.24% and a net margin of 3.17%. The business's quarterly revenue was down 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.46 earnings per share. View Briggs & Stratton Corporation's Earnings History.
When will Briggs & Stratton Corporation make its next earnings announcement?
What guidance has Briggs & Stratton Corporation issued on next quarter's earnings?
Briggs & Stratton Corporation issued an update on its FY18 earnings guidance on Wednesday, August, 16th. The company provided earnings per share (EPS) guidance of $1.31-1.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.62. The company issued revenue guidance of $1.87-1.92 billion, compared to the consensus revenue estimate of $1.91 billion.
Where is Briggs & Stratton Corporation's stock going? Where will Briggs & Stratton Corporation's stock price be in 2017?
2 brokerages have issued 12 month price targets for Briggs & Stratton Corporation's shares. Their forecasts range from $25.00 to $25.00. On average, they anticipate Briggs & Stratton Corporation's share price to reach $25.00 in the next twelve months. View Analyst Ratings for Briggs & Stratton Corporation.
Who are some of Briggs & Stratton Corporation's key competitors?
Some companies that are related to Briggs & Stratton Corporation include Brady Corporation (BRC), Mueller Industries (MLI), Albany International Corporation (AIN), SPX FLOW (FLOW), Harsco Corporation (HSC), Kaiser Aluminum Corporation (KALU), EnPro Industries (NPO), MRC Global (MRC), Actuant Corporation (ATU), ESCO Technologies (ESE), Kaman Corporation (KAMN), Sun Hydraulics Corporation (SNHY), Altra Industrial Motion Corp. (AIMC), Acco Brands Corporation (ACCO), Multi-Color Corporation (LABL), Apogee Enterprises (APOG), Hyster-Yale Materials Handling (HY) and Hollysys Automation Technologies (HOLI).
Who are Briggs & Stratton Corporation's key executives?
Briggs & Stratton Corporation's management team includes the folowing people:
- Todd J. Teske, Chairman of the Board, President, Chief Executive Officer
- Mark A. Schwertfeger, Chief Financial Officer, Senior Vice President
- Harold L. Redman, Senior Vice President & President – Turf & Consumer Products
- William H. Reitman, Senior Vice President, President - Global Support
- David J. Rodgers, Senior Vice President and President – Engines and Power
- Kathryn M. Buono, Vice President, General Counsel, Secretary
- Andrea L. Golvach, Vice President, Treasurer
- Randall R. Carpenter, Vice President – Corporate Marketing
- David G. DeBaets, Vice President – Global Engine Operations
- Brian C. Walker, Lead Independent Director
How do I buy Briggs & Stratton Corporation stock?
Shares of Briggs & Stratton Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Briggs & Stratton Corporation's stock price today?
One share of Briggs & Stratton Corporation stock can currently be purchased for approximately $24.18.
MarketBeat Community Rating for Briggs & Stratton Corporation (NYSE BGG)MarketBeat's community ratings are surveys of what our community members think about Briggs & Stratton Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Briggs & Stratton Corporation (NYSE:BGG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $25.00 (3.39% upside) |
Consensus Price Target History for Briggs & Stratton Corporation (NYSE:BGG)
Analysts' Ratings History for Briggs & Stratton Corporation (NYSE:BGG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/17/2017 | Raymond James Financial, Inc. | Reiterated Rating | Market Perform -> Underperform | | N/A |  |
| 1/30/2017 | Northcoast Research | Upgrade | Neutral -> Buy | $25.00 | N/A | |
| 8/17/2016 | Robert W. Baird | Reiterated Rating | Neutral | $22.00 | N/A | |
(Data available from 10/21/2015 forward)
Earnings History for Briggs & Stratton Corporation (NYSE:BGG)Earnings History by Quarter for Briggs & Stratton Corporation (NYSE BGG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | ($0.33) | | | | | N/A | |
| 8/16/2017 | Q4 2017 | $0.52 | $0.46 | $537.82 million | $474.00 million | View | N/A | |
| 4/20/2017 | Q3 2017 | $0.82 | $0.83 | $617.01 million | $597.00 million | View | N/A | |
| 1/25/2017 | Q217 | $0.28 | $0.35 | $416.32 million | $428.00 million | View | Listen | |
| 10/26/2016 | Q117 | ($0.39) | ($0.34) | $276.96 million | $286.80 million | View | Listen | |
| 8/17/2016 | Q416 | $0.54 | $0.46 | $562.33 million | $502.19 million | View | Listen | |
| 4/21/2016 | Q316 | $0.89 | $0.80 | $642.22 million | $603.75 million | View | Listen | |
| 1/20/2016 | Q216 | $0.18 | $0.34 | $435.16 million | $413.00 million | View | Listen | |
| 10/29/2015 | Q116 | ($0.35) | ($0.35) | $284.75 million | $289.00 million | View | Listen | |
| 8/12/2015 | Q415 | $0.38 | $0.51 | $533.90 million | $538.82 million | View | Listen | |
| 4/23/2015 | Q315 | $0.75 | $0.86 | $655.03 million | $619.00 million | View | Listen | |
| 1/21/2015 | Q215 | $0.14 | $0.26 | $453.80 million | $444.30 million | View | Listen | |
| 10/15/2014 | Q115 | ($0.38) | ($0.21) | $316.80 million | $292.60 million | View | Listen | |
| 8/14/2014 | Q414 | $0.35 | $0.31 | $495.93 million | $496.80 million | View | Listen | |
| 4/24/2014 | Q3 | $0.87 | $0.81 | $636.80 million | $628.40 million | View | Listen | |
| 1/23/2014 | Q214 | $0.09 | $0.05 | $439.97 million | $416.60 million | View | Listen | |
| 10/17/2013 | Q114 | ($0.29) | ($0.35) | $307.93 million | $317.30 million | View | Listen | |
| 8/15/2013 | Q4 2013 | $0.19 | $0.22 | $474.97 million | $477.20 million | View | Listen | |
| 4/19/2013 | Q3 2013 | $1.04 | $0.89 | $707.67 million | $637.30 million | View | Listen | |
| 1/24/2013 | Q2 2013 | $0.02 | $0.02 | $447.93 million | $439.10 million | View | Listen | |
| 10/18/2012 | | ($0.18) | ($0.28) | | | View | N/A | |
| 8/9/2012 | | $0.28 | ($0.18) | | | View | N/A | |
| 4/26/2012 | | $0.96 | $0.99 | | | View | N/A | |
| 1/26/2012 | | $0.05 | $0.05 | | | View | N/A | |
| 10/20/2011 | | ($0.21) | ($0.10) | | | View | N/A | |
| 8/11/2011 | | $0.41 | $0.32 | | | View | N/A | |
| 4/28/2011 | | $0.94 | $1.02 | | | View | N/A | |
| 1/27/2011 | | $0.02 | $0.06 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Briggs & Stratton Corporation (NYSE:BGG)2017 EPS Consensus Estimate: $1.34
2018 EPS Consensus Estimate: $1.55
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.30) | ($0.30) | ($0.30) |
| Q2 2017 | 1 | $0.31 | $0.31 | $0.31 |
| Q3 2017 | 1 | $0.84 | $0.84 | $0.84 |
| Q4 2017 | 1 | $0.49 | $0.49 | $0.49 |
| Q1 2018 | 1 | ($0.34) | ($0.34) | ($0.34) |
| Q2 2018 | 1 | $0.31 | $0.31 | $0.31 |
| Q3 2018 | 1 | $0.97 | $0.97 | $0.97 |
| Q4 2018 | 1 | $0.61 | $0.61 | $0.61 |
| Q1 2019 | 1 | ($0.45) | ($0.45) | ($0.45) |
| Q2 2019 | 1 | $0.31 | $0.31 | $0.31 |
| Q4 2019 | 1 | $0.64 | $0.64 | $0.64 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Briggs & Stratton Corporation (NYSE:BGG)| Most Recent Dividend: | 10/2/2017 |
| Annual Dividend: | $0.56 |
| Dividend Yield: | 2.32% |
| Dividend Growth: | -17.50% (3 Year Average) |
| Payout Ratio: | 43.08% (Trailing 12 Months of Earnings)
41.79% (Based on This Year's Estimates)
35.67% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Briggs & Stratton Corporation (NYSE BGG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/16/2017 | quarterly | $0.14 | 2.7% | 9/14/2017 | 9/15/2017 | 10/2/2017 |
| 4/20/2017 | quarterly | $0.14 | 2.38% | 6/14/2017 | 6/16/2017 | 6/30/2017 |
| 1/25/2017 | quarterly | $0.14 | 2.68% | 3/14/2017 | 3/16/2017 | 4/3/2017 |
| 10/26/2016 | quarterly | $0.14 | | 12/14/2016 | 12/16/2016 | 1/3/2017 |
| 8/17/2016 | quarterly | $0.14 | | 9/14/2016 | 9/16/2016 | 10/3/2016 |
| 4/21/2016 | quarterly | $0.14 | | 6/15/2016 | 6/17/2016 | 6/30/2016 |
| 1/20/2016 | quarterly | $0.14 | | 3/15/2016 | 3/17/2016 | 3/31/2016 |
| 10/28/2015 | quarterly | $0.14 | | 12/15/2015 | 12/17/2015 | 12/31/2015 |
| 8/12/2015 | quarterly | $0.14 | | | 9/17/2015 | 9/30/2015 |
| 4/23/2015 | quarterly | $0.13 | 2.5% | 6/10/2015 | 6/12/2015 | 6/26/2015 |
| 1/21/2015 | quarterly | $0.13 | 2.7% | 3/13/2015 | 3/17/2015 | 3/31/2015 |
| 10/16/2014 | quarterly | $0.13 | 2.73% | 12/12/2014 | 12/16/2014 | 12/31/2014 |
| 8/13/2014 | quarterly | $0.13 | 2.46% | 9/15/2014 | 9/17/2014 | 10/1/2014 |
| 4/24/2014 | quarterly | $0.12 | 2.18% | 6/10/2014 | 6/12/2014 | 6/27/2014 |
| 1/22/2014 | quarterly | $0.12 | 2.26% | 3/12/2014 | 3/14/2014 | 3/31/2014 |
| 10/16/2013 | quarterly | $0.12 | 2.53% | 12/12/2013 | 12/16/2013 | 12/31/2013 |
| 8/14/2013 | quarterly | $0.12 | 2.52% | 9/12/2013 | 9/16/2013 | 10/1/2013 |
| 4/18/2013 | quarterly | $0.12 | 2.31% | 6/12/2013 | 6/14/2013 | 6/28/2013 |
| 1/23/2013 | quarterly | $0.12 | 2.09% | 3/13/2013 | 3/15/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Briggs & Stratton Corporation (NYSE:BGG)Insider Ownership Percentage: 4.20%
Institutional Ownership Percentage: 82.87%
Insider Trades by Quarter for Briggs & Stratton Corporation (NYSE:BGG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/30/2017 | William H. Reitman | SVP | Sell | 7,000 | $20.69 | $144,830.00 | |
| 8/28/2017 | Todd J Teske | Insider | Sell | 5,830 | $20.68 | $120,564.40 | |
| 5/3/2017 | William H. Reitman | SVP | Sell | 17,350 | $24.92 | $432,362.00 | |
| 4/25/2017 | Andrea L Golvach | VP | Sell | 4,106 | $24.90 | $102,239.40 | |
| 2/21/2017 | Harold L Redman | SVP | Sell | 22,530 | $21.84 | $492,055.20 | |
| 1/31/2017 | Andrea L Golvach | VP | Sell | 4,110 | $21.65 | $88,981.50 | |
| 12/20/2016 | Todd J Teske | Chairman | Sell | 23,872 | $22.50 | $537,120.00 | |
| 12/14/2016 | Todd J Teske | Chairman | Sell | 6,438 | $22.50 | $144,855.00 | |
| 12/9/2016 | Todd J Teske | Chairman | Sell | 25,200 | $22.00 | $554,400.00 | |
| 12/6/2016 | Todd J Teske | Chairman | Sell | 20,000 | $21.50 | $430,000.00 | |
| 11/15/2016 | Todd J Teske | Chairman | Sell | 75,000 | $20.52 | $1,539,000.00 | |
| 10/27/2016 | William H Reitman | SVP | Sell | 15,300 | $19.84 | $303,552.00 | |
| 8/5/2016 | William H. Reitman | SVP | Sell | 4,000 | $22.90 | $91,600.00 | |
| 5/26/2016 | Todd J Teske | CEO | Sell | 30,000 | $22.09 | $662,700.00 | |
| 5/24/2016 | David G Debaets | VP | Sell | 6,380 | $22.00 | $140,360.00 | |
| 2/16/2016 | David J. Rodgers | VP | Sell | 7,835 | $20.99 | $164,456.65 | |
| 2/16/2016 | Todd J. Teske | CEO | Sell | 49,213 | $20.98 | $1,032,488.74 | |
| 2/5/2016 | David J. Rodgers | VP | Sell | 15,669 | $20.26 | $317,453.94 | |
| 2/5/2016 | Harold L. Redman | SVP | Sell | 25,050 | $20.41 | $511,270.50 | |
| 2/4/2016 | David G. Debaets | VP | Sell | 7,370 | $20.00 | $147,400.00 | |
| 2/2/2016 | Keith R Mcloughlin | Director | Sell | 8,397 | $19.53 | $163,993.41 | |
| 1/28/2016 | David J. Rodgers | VP | Sell | 15,668 | $19.63 | $307,562.84 | |
| 1/27/2016 | William H. Reitman | SVP | Sell | 11,313 | $19.48 | $220,377.24 | |
| 1/26/2016 | William H. Reitman | SVP | Sell | 6,107 | $19.47 | $118,903.29 | |
| 1/25/2016 | William H. Reitman | SVP | Sell | 600 | $19.47 | $11,682.00 | |
| 11/4/2015 | Frank M Jaehnert | Director | Buy | 3,000 | $17.60 | $52,800.00 | |
| 10/8/2015 | Todd J. Teske | CEO | Sell | 49,213 | $21.03 | $1,034,949.39 | |
| 9/16/2015 | Todd J. Teske | CEO | Sell | 98,426 | $20.29 | $1,997,063.54 | |
| 9/16/2015 | William H. Reitman | SVP | Sell | 5,000 | $20.44 | $102,200.00 | |
| 8/31/2015 | Harold L. Redman | SVP | Sell | 40,400 | $19.90 | $803,960.00 | |
| 8/31/2015 | Todd J. Teske | CEO | Sell | 123,156 | $19.91 | $2,452,035.96 | |
| 8/28/2015 | David G. Debaets | VP | Sell | 4,914 | $20.00 | $98,280.00 | |
| 8/28/2015 | William H. Reitman | SVP | Sell | 10,650 | $19.99 | $212,893.50 | |
| 5/22/2015 | David G Debaets | VP | Sell | 1,515 | $20.01 | $30,315.15 | |
| 3/3/2015 | Todd J Teske | CEO | Sell | 13,563 | $20.91 | $283,602.33 | |
| 2/23/2015 | Harold L Redman | SVP | Sell | 2,000 | $20.36 | $40,720.00 | |
| 2/12/2015 | David G Debaets | VP | Sell | 1,000 | $20.07 | $20,070.00 | |
| 1/28/2015 | Frank M Jaehnert | Director | Buy | 2,000 | $18.91 | $37,820.00 | |
| 11/14/2014 | Robert F Heath | VP | Sell | 8,365 | $20.35 | $170,227.75 | |
| 8/29/2014 | David J Rodgers | CFO | Sell | 21,810 | $19.91 | $434,237.10 | |
| 8/27/2014 | Todd J Teske | CEO | Sell | 43,620 | $20.49 | $893,773.80 | |
| 8/22/2014 | Robert F Heath | VP | Sell | 5,574 | $20.61 | $114,880.14 | |
| 8/20/2014 | William H Reitman | VP | Sell | 10,803 | $20.93 | $226,106.79 | |
| 8/19/2014 | Joseph C Wright | SVP | Sell | 24,210 | $20.85 | $504,778.50 | |
| 8/19/2014 | William H Reitman | VP | Sell | 14,000 | $20.60 | $288,400.00 | |
| 5/28/2014 | Todd J Teske | CEO | Sell | 30,000 | $20.99 | $629,700.00 | |
| 5/27/2014 | Robert F Heath | VP | Sell | 22,766 | $20.96 | $477,175.36 | |
| 3/7/2014 | William Reitman | VP | Sell | 4,740 | $22.95 | $108,783.00 | |
| 2/28/2014 | Joseph Wright | SVP | Sell | 9,400 | $22.80 | $214,320.00 | |
| 2/28/2014 | Todd Teske | CEO | Sell | 10,000 | $22.82 | $228,200.00 | |
| 2/28/2014 | William Reitman | VP | Sell | 5,078 | $22.95 | $116,540.10 | |
| 2/26/2014 | Harold Redman | VP | Sell | 22,877 | $22.33 | $510,843.41 | |
| 2/26/2014 | Todd Teske | CEO | Sell | 7,900 | $22.51 | $177,829.00 | |
| 2/25/2014 | Thomas Savage | SVP | Sell | 47,756 | $22.47 | $1,073,077.32 | |
| 2/18/2014 | David Debaets | VP | Sell | 5,233 | $22.30 | $116,695.90 | |
| 2/12/2014 | David Debaets | VP | Sell | 2,500 | $21.68 | $54,200.00 | |
| 11/20/2013 | Randall Carpenter | VP | Sell | 1,500 | $19.31 | $28,965.00 | |
| 11/8/2013 | Henrik Slipsager | Director | Buy | 10,000 | $18.77 | $187,700.00 | |
| 11/19/2012 | William H Reitman | VP | Sell | 20,140 | $19.23 | $387,292.20 | |
| 11/12/2012 | David G Debaets | VP | Sell | 1,808 | $19.50 | $35,256.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Briggs & Stratton Corporation (NYSE:BGG)
Latest Headlines for Briggs & Stratton Corporation (NYSE:BGG)
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Briggs & Stratton Corporation (BGG) Chart for Saturday, October, 21, 2017
