Brunswick (NYSE:BC) Posts Earnings Results, Beats Estimates By $0.06 EPS

Brunswick (NYSE:BC) announced its quarterly earnings results on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.06, RTT News reports. Brunswick had a net margin of 5.02% and a return on equity of 19.15%. During the same period last year, the business posted $1.45 earnings per share. Brunswick updated its FY 2025 guidance to 3.500-5.000 EPS and its Q1 2025 guidance to 0.150-0.250 EPS.

Brunswick Stock Performance

NYSE BC traded up $0.74 on Thursday, hitting $68.91. 422,715 shares of the stock were exchanged, compared to its average volume of 672,493. The company has a market capitalization of $4.55 billion, a PE ratio of 17.11 and a beta of 1.54. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.97 and a quick ratio of 0.74. The business’s fifty day moving average is $70.91 and its 200 day moving average is $76.70. Brunswick has a 52 week low of $62.64 and a 52 week high of $96.65.

Analyst Ratings Changes

BC has been the topic of several recent analyst reports. B. Riley cut Brunswick from a “buy” rating to a “neutral” rating and cut their price objective for the company from $95.00 to $88.00 in a report on Tuesday, November 26th. Stifel Nicolaus lowered their price objective on shares of Brunswick from $95.00 to $86.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Morgan Stanley cut their price objective on shares of Brunswick from $78.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Roth Mkm reduced their target price on shares of Brunswick from $91.00 to $85.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Finally, Truist Financial dropped their price target on Brunswick from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $82.54.

Insider Activity

In related news, Director Nancy E. Cooper sold 366 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $80.19, for a total value of $29,349.54. Following the sale, the director now owns 24,557 shares in the company, valued at approximately $1,969,225.83. This represents a 1.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.81% of the company’s stock.

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.