FY2025 Earnings Forecast for Brunswick Issued By DA Davidson

Brunswick Co. (NYSE:BC) – Analysts at DA Davidson cut their FY2025 earnings estimates for Brunswick in a research report issued on Thursday, January 23rd. DA Davidson analyst B. Rolle now anticipates that the company will post earnings of $4.00 per share for the year, down from their prior estimate of $6.65. DA Davidson currently has a “Neutral” rating and a $60.00 target price on the stock. The consensus estimate for Brunswick’s current full-year earnings is $4.52 per share.

A number of other analysts have also recently weighed in on BC. Roth Mkm dropped their price objective on shares of Brunswick from $91.00 to $85.00 and set a “buy” rating on the stock in a report on Friday. Benchmark reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Brunswick in a report on Friday, October 25th. Truist Financial dropped their price objective on shares of Brunswick from $90.00 to $85.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Morgan Stanley lowered their target price 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, Stifel Nicolaus lowered their target price on shares of Brunswick from $95.00 to $86.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Brunswick presently has an average rating of “Moderate Buy” and a consensus target price of $83.77.

Brunswick Stock Up 3.4 %

BC stock opened at $70.52 on Monday. The company has a quick ratio of 0.74, a current ratio of 1.97 and a debt-to-equity ratio of 1.17. Brunswick has a fifty-two week low of $62.64 and a fifty-two week high of $96.65. The firm’s 50-day simple moving average is $71.33 and its 200 day simple moving average is $76.82. The stock has a market cap of $4.65 billion, a PE ratio of 17.54 and a beta of 1.54.

Institutional Trading of Brunswick

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new stake in shares of Brunswick in the 3rd quarter valued at about $26,000. Armstrong Advisory Group Inc. acquired a new position in Brunswick during the 4th quarter worth approximately $39,000. Avior Wealth Management LLC boosted its position in Brunswick by 1,073.7% during the 3rd quarter. Avior Wealth Management LLC now owns 669 shares of the company’s stock worth $56,000 after acquiring an additional 612 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Brunswick by 669.0% in the 3rd quarter. Covestor Ltd now owns 969 shares of the company’s stock valued at $81,000 after buying an additional 843 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Brunswick by 92.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,155 shares of the company’s stock valued at $97,000 after buying an additional 555 shares during the last quarter. 99.34% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Nancy E. Cooper sold 366 shares of the business’s 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 sale, the director now owns 24,557 shares in the company, valued at approximately $1,969,225.83. The trade was a 1.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David M. Foulkes sold 23,829 shares of Brunswick stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $80.22, for a total value of $1,911,562.38. Following the completion of the transaction, the chief executive officer now directly owns 251,094 shares of the company’s stock, valued at $20,142,760.68. This represents a 8.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.81% of the stock is currently owned by insiders.

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.