In the past week, BC stock has gone up by 3.28%, with a monthly decline of -7.64% and a quarterly plunge of -1.03%. The volatility ratio for the week is 2.14%, and the volatility levels for the last 30 days are 2.52% for Brunswick Corp. The simple moving average for the last 20 days is 0.72% for BC stock, with a simple moving average of 0.52% for the last 200 days.
Is It Worth Investing in Brunswick Corp. (NYSE: BC) Right Now?
The price-to-earnings ratio for Brunswick Corp. (NYSE: BC) is above average at 15.58x. The 36-month beta value for BC is also noteworthy at 1.55. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 5 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for BC is 66.67M, and at present, short sellers hold a 7.16% of that float. The average trading volume of BC on May 10, 2024 was 676.01K shares.
BC) stock’s latest price update
The stock price of Brunswick Corp. (NYSE: BC) has surged by 2.61 when compared to previous closing price of 81.68, but the company has seen a 3.28% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Brunswick (BC) came out with quarterly earnings of $1.35 per share, missing the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $2.57 per share a year ago.
Analysts’ Opinion of BC
Many brokerage firms have already submitted their reports for BC stocks, with Exane BNP Paribas repeating the rating for BC by listing it as a “Neutral.” The predicted price for BC in the upcoming period, according to Exane BNP Paribas is $82 based on the research report published on April 15, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see BC reach a price target of $108, previously predicting the price at $100. The rating they have provided for BC stocks is “Buy” according to the report published on February 20th, 2024.
BC Trading at -4.64% from the 50-Day Moving Average
After a stumble in the market that brought BC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.92% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares sank -5.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.10% lower at present.
During the last 5 trading sessions, BC rose by +3.28%, which changed the moving average for the period of 200-days by -3.54% in comparison to the 20-day moving average, which settled at $82.97. In addition, Brunswick Corp. saw -13.37% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BC starting from COOPER NANCY E, who sale 357 shares at the price of $80.34 back on May 01 ’24. After this action, COOPER NANCY E now owns 23,211 shares of Brunswick Corp., valued at $28,681 using the latest closing price.
FOULKES DAVID M, the Chief Executive Officer of Brunswick Corp., sale 35,000 shares at $87.11 during a trade that took place back on Feb 26 ’24, which means that FOULKES DAVID M is holding 272,626 shares at $3,048,850 based on the most recent closing price.
Stock Fundamentals for BC
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.27 for the gross margin
The net margin for Brunswick Corp. stands at 0.06. The total capital return value is set at 0.13. Equity return is now at value 18.90, with 6.07 for asset returns.
Based on Brunswick Corp. (BC), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.38. The interest coverage ratio of the stock is 10.65.
Currently, EBITDA for the company is 734.9 million with net debt to EBITDA at 2.82. When we switch over and look at the enterprise to sales, we see a ratio of 1.34. The receivables turnover for the company is 9.76for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
In summary, Brunswick Corp. (BC) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
