Brunswick (NYSE:BC) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 26th. Analysts expect Brunswick to post earnings of $0.92 per share for the quarter. Brunswick has set its FY18 guidance at $4.45-4.65 EPS.
Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.74 by ($0.04). The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Brunswick had a return on equity of 22.52% and a net margin of 3.09%. Brunswick’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period last year, the firm posted $0.66 earnings per share. On average, analysts expect Brunswick to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NYSE:BC opened at $58.99 on Tuesday. The company has a current ratio of 1.78, a quick ratio of 1.04 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $5,196.52, a P/E ratio of 15.16, a P/E/G ratio of 0.79 and a beta of 1.81. Brunswick has a fifty-two week low of $48.04 and a fifty-two week high of $64.45.
In other news, VP Christopher F. Dekker sold 3,100 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $58.84, for a total transaction of $182,404.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.
A number of equities analysts recently weighed in on BC shares. B. Riley boosted their price target on shares of Brunswick from $65.00 to $68.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a report on Monday. CL King reissued a “neutral” rating on shares of Brunswick in a report on Friday, February 2nd. Citigroup boosted their price target on shares of Brunswick from $66.00 to $69.00 and gave the stock a “buy” rating in a report on Tuesday, February 6th. Finally, Northcoast Research set a $64.00 price objective on Brunswick and gave the company a “buy” rating in a research note on Monday, January 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $69.66.
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Brunswick Corporation is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Company’s product includes marine engines, boats, fitness equipment and active recreation products. The Company’s engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems; and marine parts and accessories.
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