Analysts Set Brunswick Corporation (NYSE:BC) PT at $67.62

Brunswick Corporation (NYSE:BC) has been given a consensus rating of “Hold” by the sixteen analysts that are currently covering the firm, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $67.6154.

A number of brokerages recently issued reports on BC. Truist Financial upped their price target on shares of Brunswick from $60.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Brunswick in a research note on Wednesday, October 8th. Zacks Research cut shares of Brunswick from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. DA Davidson boosted their target price on Brunswick from $43.00 to $59.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Finally, Citigroup reissued a “buy” rating on shares of Brunswick in a research report on Wednesday, August 27th.

Hedge Funds Weigh In On Brunswick

A number of hedge funds have recently bought and sold shares of BC. GAMMA Investing LLC raised its position in Brunswick by 59.3% in the 1st quarter. GAMMA Investing LLC now owns 1,276 shares of the company’s stock worth $69,000 after buying an additional 475 shares during the last quarter. Fifth Third Bancorp raised its position in Brunswick by 33.3% in the 1st quarter. Fifth Third Bancorp now owns 1,078 shares of the company’s stock worth $58,000 after buying an additional 269 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Brunswick by 7.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,349 shares of the company’s stock worth $396,000 after buying an additional 484 shares during the last quarter. Hudson Edge Investment Partners Inc. raised its position in Brunswick by 63.2% in the 1st quarter. Hudson Edge Investment Partners Inc. now owns 12,361 shares of the company’s stock worth $666,000 after buying an additional 4,787 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its position in Brunswick by 171.6% in the 1st quarter. First Horizon Advisors Inc. now owns 755 shares of the company’s stock worth $41,000 after buying an additional 477 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Brunswick Stock Performance

Shares of Brunswick stock opened at $63.91 on Friday. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 103.08 and a beta of 1.36. The firm’s 50-day moving average is $63.75 and its 200 day moving average is $56.84. Brunswick has a 1 year low of $41.00 and a 1 year high of $87.65. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.68 and a quick ratio of 0.70.

Brunswick (NYSE:BC) last announced its quarterly earnings results on Thursday, July 24th. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.27. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Brunswick had a net margin of 0.82% and a return on equity of 10.73%. Brunswick’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.80 EPS. Brunswick has set its FY 2025 guidance at 3.250-3.250 EPS. Q3 2025 guidance at 0.750-0.900 EPS. Sell-side analysts anticipate that Brunswick will post 4.19 EPS for the current fiscal year.

About Brunswick

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.