Media headlines about Brunswick Corporation (NYSE:BC) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Brunswick Corporation earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.3176655625336 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of brokerages recently issued reports on BC. Jefferies Group LLC restated a “hold” rating and set a $56.00 price objective on shares of Brunswick Corporation in a report on Friday, July 14th. Stifel Nicolaus boosted their price objective on shares of Brunswick Corporation from $66.00 to $68.00 and gave the company a “buy” rating in a report on Friday, July 14th. BidaskClub cut shares of Brunswick Corporation from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Zacks Investment Research cut shares of Brunswick Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Finally, B. Riley set a $70.00 price target on shares of Brunswick Corporation and gave the company a “buy” rating in a report on Monday, October 23rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $62.50.
Shares of Brunswick Corporation (NYSE:BC) traded down $0.03 during mid-day trading on Friday, hitting $48.81. 974,000 shares of the stock were exchanged, compared to its average volume of 1,041,557. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.81. The company has a market capitalization of $4,282.77, a price-to-earnings ratio of 12.95, a PEG ratio of 0.78 and a beta of 1.87. Brunswick Corporation has a twelve month low of $46.70 and a twelve month high of $63.82.
Brunswick Corporation (NYSE:BC) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.91 EPS for the quarter, missing the Zacks’ consensus estimate of $1.00 by ($0.09). Brunswick Corporation had a return on equity of 22.71% and a net margin of 5.93%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the prior year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. equities analysts predict that Brunswick Corporation will post 3.86 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, November 21st will be given a dividend of $0.19 per share. This is a positive change from Brunswick Corporation’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 1.56%. The ex-dividend date is Monday, November 20th. Brunswick Corporation’s dividend payout ratio is 21.29%.
About Brunswick Corporation
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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