FY2025 Earnings Estimate for Brunswick Issued By DA Davidson

Brunswick Co. (NYSE:BC) – DA Davidson reduced their FY2025 earnings per share (EPS) estimates for Brunswick in a note issued to investors on Thursday, January 23rd. DA Davidson analyst B. Rolle now forecasts that the company will post earnings per share of $4.00 for the year, down from their prior forecast of $6.65. DA Davidson has a “Neutral” rating and a $60.00 price objective on the stock. The consensus estimate for Brunswick’s current full-year earnings is $4.52 per share.

Several other brokerages also recently commented on BC. Truist Financial cut their price objective on Brunswick from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Tuesday, January 7th. B. Riley lowered shares of Brunswick from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $95.00 to $88.00 in a research report on Tuesday, November 26th. Stifel Nicolaus dropped their price objective on shares of Brunswick from $95.00 to $86.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Morgan Stanley dropped 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 note on Tuesday, January 21st. Finally, Roth Mkm dropped their price target on shares of Brunswick from $91.00 to $85.00 and set a “buy” rating on the stock in a research report on Friday. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Brunswick currently has a consensus rating of “Moderate Buy” and an average price target of $83.77.

Brunswick Price Performance

Shares of Brunswick stock opened at $68.24 on Monday. The company has a current ratio of 1.97, a quick ratio of 0.74 and a debt-to-equity ratio of 1.17. Brunswick has a 12 month low of $62.64 and a 12 month high of $96.65. The stock has a 50 day moving average of $71.52 and a 200 day moving average of $76.86. The firm has a market cap of $4.50 billion, a PE ratio of 16.97 and a beta of 1.54.

Insider Transactions at Brunswick

In other news, Director Nancy E. Cooper sold 366 shares of Brunswick stock in a transaction on Friday, November 1st. The shares were sold at an average price of $80.19, for a total value of $29,349.54. Following the transaction, the director now directly owns 24,557 shares of the company’s stock, valued at $1,969,225.83. The trade was a 1.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO David M. Foulkes sold 23,829 shares of the stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $80.22, for a total transaction of $1,911,562.38. Following the sale, the chief executive officer now owns 251,094 shares of the company’s stock, valued at approximately $20,142,760.68. This represents a 8.67 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.81% of the company’s stock.

Institutional Trading of Brunswick

Several large investors have recently bought and sold shares of the company. Hsbc Holdings PLC boosted its holdings in shares of Brunswick by 181.7% during the second quarter. Hsbc Holdings PLC now owns 8,914 shares of the company’s stock worth $645,000 after purchasing an additional 5,750 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Brunswick by 20.8% during the 2nd quarter. Bank of Montreal Can now owns 40,193 shares of the company’s stock valued at $2,925,000 after buying an additional 6,922 shares during the period. Marshall Wace LLP acquired a new stake in shares of Brunswick during the 2nd quarter worth $1,249,000. Maverick Capital Ltd. raised its position in shares of Brunswick by 319.4% in the 2nd quarter. Maverick Capital Ltd. now owns 11,732 shares of the company’s stock worth $854,000 after buying an additional 8,935 shares during the period. Finally, Algert Global LLC acquired a new position in Brunswick in the second quarter valued at $498,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Company Profile

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.