Brunswick (NYSE:BC) Upgraded by Wall Street Zen to “Buy” Rating

Brunswick (NYSE:BC) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Monday.

Several other equities analysts have also issued reports on BC. DA Davidson lifted their target price on Brunswick from $43.00 to $59.00 and gave the company a “neutral” rating in a research note on Monday, July 28th. Citigroup reiterated a “buy” rating on shares of Brunswick in a research note on Wednesday, August 27th. Zacks Research lowered Brunswick from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. B. Riley lifted their target price on Brunswick from $60.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Finally, Roth Capital lifted their target price on Brunswick from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $66.75.

Brunswick Trading Down 2.0%

Shares of BC opened at $65.34 on Monday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.68 and a quick ratio of 0.70. Brunswick has a 1 year low of $41.00 and a 1 year high of $87.65. The company has a 50 day simple moving average of $61.80 and a two-hundred day simple moving average of $55.64. The firm has a market cap of $4.27 billion, a P/E ratio of 105.39 and a beta of 1.36.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, July 24th. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.89 by $0.27. Brunswick had a net margin of 0.82% and a return on equity of 10.73%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the previous year, the firm earned $1.80 earnings per share. Brunswick’s quarterly revenue was up .2% compared to the same quarter last year. Brunswick has set its FY 2025 guidance at 3.250-3.250 EPS. Q3 2025 guidance at 0.750-0.900 EPS. On average, equities analysts expect that Brunswick will post 4.19 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Brunswick

A number of large investors have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its position in Brunswick by 1.3% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,482,887 shares of the company’s stock valued at $192,395,000 after buying an additional 43,361 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Brunswick by 20.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,504,407 shares of the company’s stock valued at $134,857,000 after acquiring an additional 420,369 shares during the period. American Century Companies Inc. lifted its holdings in Brunswick by 22.7% in the second quarter. American Century Companies Inc. now owns 1,472,467 shares of the company’s stock valued at $81,339,000 after acquiring an additional 272,815 shares during the period. Alliancebernstein L.P. lifted its holdings in Brunswick by 23.2% in the second quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company’s stock valued at $78,492,000 after acquiring an additional 267,479 shares during the period. Finally, Channing Capital Management LLC lifted its holdings in Brunswick by 5.1% in the second quarter. Channing Capital Management LLC now owns 1,196,494 shares of the company’s stock valued at $66,094,000 after acquiring an additional 57,757 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

About Brunswick

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.