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. Investors of record on Wednesday, December 18th will be given a dividend of $0.05 per share on Friday, January 3rd. This represents a $0.20 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Tuesday, December 17th. View Briggs & Stratton's Dividend History.

Briggs & Stratton announced that its Board of Directors has authorized a share buyback plan on Wednesday, April 25th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued.

Briggs & Stratton Co. (NYSE:BGG) posted its quarterly earnings data on Friday, November, 1st. The industrial products company reported ($0.67) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.73) by $0.06. The industrial products company earned $313.70 million during the quarter, compared to the consensus estimate of $291.14 million. Briggs & Stratton had a negative return on equity of 4.18% and a negative net margin of 2.50%. The firm's quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.51) EPS. 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 will be holding an earnings conference call on Thursday, January 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Briggs & Stratton updated its FY20 earnings guidance on Friday, November, 1st. The company provided earnings per share guidance of $0.20-0.40 for the period, compared to the Thomson Reuters consensus 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 Wall Street analysts have issued 12-month price targets for Briggs & Stratton's shares. 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 twelve months. This suggests a possible upside of 144.3% 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.

Headlines about BGG stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Briggs & Stratton earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Briggs & Stratton.

Briggs & Stratton saw a increase in short interest in 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 short-interest ratio is currently 11.3 days. Currently, 23.9% of the shares of the stock are sold short. 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), CVS Health (CVS), General Electric (GE), AT&T (T), Kraft Heinz (KHC), Twitter (TWTR), Bank of America (BAC), Occidental Petroleum (OXY), Schlumberger (SLB) and Walmart (WMT).

Briggs & Stratton's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 acquired 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 $5.73.

Briggs & Stratton has a market capitalization of $243.41 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.