Brunswick (BC) Scheduled to Post Earnings on Thursday

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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.

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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.

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Earnings History for Brunswick (NYSE:BC)

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