Brunswick Corp. (NYSE: BC) has a price-to-earnings ratio of 14.74x that is above its average ratio. Additionally, the 36-month beta value for BC is 1.53. 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 66.63M and currently, short sellers hold a 8.06% ratio of that float. The average trading volume of BC on July 19, 2024 was 738.91K shares.
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BC) stock’s latest price update
Brunswick Corp. (NYSE: BC)’s stock price has gone decline by -2.96 in comparison to its previous close of 81.72, however, the company has experienced a 4.23% increase in its stock price over the last five trading days. zacks.com reported 2024-07-18 that Brunswick (BC) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BC’s Market Performance
Brunswick Corp. (BC) has seen a 4.23% rise in stock performance for the week, with a 6.04% gain in the past month and a -4.25% plunge in the past quarter. The volatility ratio for the week is 3.91%, and the volatility levels for the past 30 days are at 2.73% for BC. The simple moving average for the last 20 days is 7.78% for BC’s stock, with a simple moving average of -3.72% for the last 200 days.
Analysts’ Opinion of BC
Many brokerage firms have already submitted their reports for BC stocks, with The Benchmark Company repeating the rating for BC by listing it as a “Buy.” The predicted price for BC in the upcoming period, according to The Benchmark Company is $100 based on the research report published on May 22, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see BC reach a price target of $82, previously predicting the price at $94. The rating they have provided for BC stocks is “Neutral” according to the report published on April 15th, 2024.
B. Riley Securities gave a rating of “Buy” to BC, setting the target price at $108 in the report published on February 20th of the current year.
BC Trading at 2.64% 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 -20.44% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 3.91%, as shares surge +7.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.13% lower at present.
During the last 5 trading sessions, BC rose by +4.23%, which changed the moving average for the period of 200-days by +0.38% in comparison to the 20-day moving average, which settled at $73.85. In addition, Brunswick Corp. saw -18.04% 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 Preisser Brenna, who sale 1,225 shares at the price of $82.09 back on May 09 ’24. After this action, Preisser Brenna now owns 58,076 shares of Brunswick Corp., valued at $100,560 using the latest closing price.
COOPER NANCY E, the Director of Brunswick Corp., sale 357 shares at $80.34 during a trade that took place back on May 01 ’24, which means that COOPER NANCY E is holding 23,211 shares at $28,681 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 1.29. 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 conclusion, Brunswick Corp. (BC) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
