Brunswick (NYSE:BC) issued an update on its FY17 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $3.85-3.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.85. The company issued revenue guidance of +7% to $4.8 billion, compared to the consensus revenue estimate of $4.79 billion.
Shares of Brunswick (NYSE BC) opened at $55.98 on Wednesday. The company has a current ratio of 1.81, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. The firm has a market cap of $4,792.25, a price-to-earnings ratio of 14.50, a PEG ratio of 0.87 and a beta of 1.90. Brunswick has a 52-week low of $48.04 and a 52-week high of $63.82.
Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.00 by ($0.09). The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Brunswick had a net margin of 5.93% and a return on equity of 22.71%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS. sell-side analysts expect that Brunswick will post 3.86 earnings per share for the current year.
BC has been the topic of several recent research reports. BidaskClub lowered shares of Brunswick from a sell rating to a strong sell rating in a report on Friday, August 11th. Northcoast Research raised shares of Brunswick from a neutral rating to a buy rating in a report on Friday, November 3rd. Royal Bank Of Canada reduced their target price on shares of Brunswick from $67.00 to $56.00 and set an outperform rating on the stock in a report on Monday, November 6th. Zacks Investment Research lowered shares of Brunswick from a hold rating to a sell rating in a report on Friday, September 29th. Finally, Forward View raised shares of Brunswick from a hold rating to a buy rating and set a $60.00 target price on the stock in a report on Sunday, September 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of $62.50.
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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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