FY2025 EPS Estimates for Brunswick Raised by Roth Capital

Brunswick Corporation (NYSE:BC) – Analysts at Roth Capital lifted their FY2025 earnings per share (EPS) estimates for shares of Brunswick in a report issued on Thursday, October 30th. Roth Capital analyst S. Stember now anticipates that the company will earn $3.25 per share for the year, up from their previous estimate of $3.23. Roth Capital currently has a “Buy” rating and a $79.00 target price on the stock. The consensus estimate for Brunswick’s current full-year earnings is $4.19 per share. Roth Capital also issued estimates for Brunswick’s FY2027 earnings at $4.68 EPS.

A number of other brokerages also recently weighed in on BC. Wall Street Zen downgraded Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Truist Financial raised their price objective on Brunswick from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Weiss Ratings restated a “hold (c-)” rating on shares of Brunswick in a research note on Wednesday, October 8th. Zacks Research downgraded shares of Brunswick from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Finally, BMO Capital Markets raised their target price on shares of Brunswick from $65.00 to $75.00 and gave the company an “outperform” rating in a research report on Friday, October 24th. Seven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $73.54.

Brunswick Stock Performance

NYSE BC opened at $66.12 on Monday. The company has a current ratio of 1.78, a quick ratio of 0.73 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $4.32 billion, a price-to-earnings ratio of -18.17 and a beta of 1.36. The firm’s 50 day simple moving average is $64.78 and its 200 day simple moving average is $58.56. Brunswick has a 1 year low of $41.00 and a 1 year high of $87.65.

Brunswick (NYSE:BC) last released its earnings results on Thursday, October 23rd. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.84 by $0.13. Brunswick had a negative net margin of 4.60% and a positive return on equity of 10.55%. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the firm earned $1.17 EPS. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. Brunswick has set its FY 2025 guidance at 3.250-3.25 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA lifted its stake in shares of Brunswick by 0.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,494,664 shares of the company’s stock worth $221,003,000 after acquiring an additional 11,777 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Brunswick by 20.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,504,407 shares of the company’s stock worth $134,857,000 after acquiring an additional 420,369 shares during the period. Deprince Race & Zollo Inc. lifted its position in shares of Brunswick by 2.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 1,852,050 shares of the company’s stock worth $117,124,000 after purchasing an additional 44,431 shares during the period. American Century Companies Inc. lifted its position in shares of Brunswick by 22.7% in the 2nd quarter. American Century Companies Inc. now owns 1,472,467 shares of the company’s stock worth $81,339,000 after purchasing an additional 272,815 shares during the period. Finally, Alliancebernstein L.P. lifted its position in shares of Brunswick by 23.2% in the 2nd quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company’s stock worth $78,492,000 after purchasing an additional 267,479 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

Brunswick Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Wednesday, November 26th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, November 26th. Brunswick’s payout ratio is -47.25%.

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.