Brunswick (NYSE:BC) will be announcing its earnings results before the market opens on Thursday, January 31st. Analysts expect the company to announce earnings of $0.89 per share for the quarter.
Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, October 25th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.09. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.26 billion. Brunswick had a return on equity of 26.19% and a net margin of 2.12%. On average, analysts expect Brunswick to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Brunswick stock opened at $48.54 on Thursday. The company has a quick ratio of 0.65, a current ratio of 1.26 and a debt-to-equity ratio of 0.57. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 12.48, a P/E/G ratio of 0.78 and a beta of 1.75. Brunswick has a fifty-two week low of $41.92 and a fifty-two week high of $69.82.
Several equities analysts have weighed in on BC shares. Zacks Investment Research raised Brunswick from a “sell” rating to a “hold” rating and set a $69.00 price target for the company in a research report on Monday, October 15th. ValuEngine downgraded Brunswick from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. B. Riley reissued a “buy” rating on shares of Brunswick in a research report on Thursday, December 27th. JPMorgan Chase & Co. started coverage on Brunswick in a research report on Friday, January 11th. They set a “neutral” rating and a $52.00 price target for the company. Finally, TheStreet downgraded Brunswick from a “b” rating to a “c+” rating in a research report on Thursday, October 25th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $70.54.
In related news, Director Manuel A. Fernandez acquired 13,235 shares of Brunswick stock in a transaction on Friday, November 30th. The shares were bought at an average price of $53.09 per share, for a total transaction of $702,646.15. Following the completion of the purchase, the director now directly owns 109,784 shares in the company, valued at approximately $5,828,432.56. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ralph C. Stayer acquired 3,310 shares of Brunswick stock in a transaction on Thursday, December 6th. The shares were bought at an average price of $51.22 per share, for a total transaction of $169,538.20. Following the purchase, the director now owns 116,211 shares of the company’s stock, valued at $5,952,327.42. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by insiders.
ILLEGAL ACTIVITY WARNING: This news story was published by Zolmax and is the sole property of of Zolmax. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://zolmax.com/investing/brunswick-bc-scheduled-to-post-earnings-on-thursday/2845019.html.
Brunswick Company Profile
Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company's Marine Engine segment offers outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, service parts, and lubricants; and diesel propulsion systems to the recreational and commercial marine markets.
Featured Article: What is a Derivative?
Receive News & Ratings for Brunswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brunswick and related companies with MarketBeat.com's FREE daily email newsletter.