The Impact of Market Fluctuations on Brunswick Corp.’s (BC) Stock

The stock of Brunswick Corp. (BC) has seen a -1.74% decrease in the past week, with a 3.12% gain in the past month, and a 16.85% flourish in the past quarter. The volatility ratio for the week is 2.29%, and the volatility levels for the past 30 days are at 2.49% for BC. The simple moving average for the past 20 days is 4.78% for BC’s stock, with a -0.21% simple moving average for the past 200 days.

Is It Worth Investing in Brunswick Corp. (NYSE: BC) Right Now?

Brunswick Corp. (NYSE: BC) has a price-to-earnings ratio that is above its average at 16.72x. The stock has a 36-month beta value of 1.51. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for BC is 65.25M, and at present, short sellers hold a 8.02% of that float. On September 27, 2024, the average trading volume of BC was 755.90K shares.

BC) stock’s latest price update

The stock of Brunswick Corp. (NYSE: BC) has increased by 2.47 when compared to last closing price of 80.95. Despite this, the company has experienced a -1.74% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-23 that CANNES, France, Sept. 23, 2024 (GLOBE NEWSWIRE) — Brunswick Corporation, (NYSE: BC), and many of its industry leading brands, wrapped up another successful Cannes Yachting Festival with leading market share, new product introductions, and another significant accolade for Brunswick Boat Group. The event featured displays from Sea Ray, Boston Whaler, Navan, Navico Group products, Mercury Marine, and Flite, showcasing the Company’s global customer appeal and collaboration among Brunswick’s divisions.

Analysts’ Opinion of BC

Many brokerage firms have already submitted their reports for BC stocks, with Northcoast repeating the rating for BC by listing it as a “Buy.” The predicted price for BC in the upcoming period, according to Northcoast is $100 based on the research report published on July 29, 2024 of the current year 2024.

The Benchmark Company, on the other hand, stated in their research note that they expect to see BC reach a price target of $100. The rating they have provided for BC stocks is “Buy” according to the report published on May 22nd, 2024.

Exane BNP Paribas gave a rating of “Neutral” to BC, setting the target price at $82 in the report published on April 15th of the current year.

BC Trading at 5.99% 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 -16.78% of loss for the given period.

Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares surge +4.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.51% upper at present.

During the last 5 trading sessions, BC fell by -1.74%, which changed the moving average for the period of 200-days by -2.07% in comparison to the 20-day moving average, which settled at $79.33. In addition, Brunswick Corp. saw -14.26% 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 Dibkey Brett A, who proposed sale 16,776 shares at the price of $72.00 back on Aug 21 ’24. After this action, Dibkey Brett A now owns shares of Brunswick Corp., valued at $1,207,872 using the latest closing price.

NANCY E COOPER, the Director of Brunswick Corp., proposed sale 358 shares at $81.45 during a trade that took place back on Aug 01 ’24, which means that NANCY E COOPER is holding shares at $29,159 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 0.12. Equity return is now at value 17.40, with 5.65 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 0.19. The debt to equity ratio resting at 1.4. The interest coverage ratio of the stock is 9.48.

Currently, EBITDA for the company is 734.9 million with net debt to EBITDA at 3.05. When we switch over and look at the enterprise to sales, we see a ratio of 1.38. The receivables turnover for the company is 10.88for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.

Conclusion

To sum up, Brunswick Corp. (BC) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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