Brunswick Co. (NYSE:BC) – Research analysts at Northcoast Research upped their Q1 2018 earnings estimates for shares of Brunswick in a research report issued on Wednesday. Northcoast Research analyst S. Woolf now anticipates that the company will post earnings of $0.98 per share for the quarter, up from their prior estimate of $0.96. Northcoast Research currently has a “Buy” rating and a $64.00 target price on the stock. Northcoast Research also issued estimates for Brunswick’s Q3 2018 earnings at $1.16 EPS.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.04). Brunswick had a net margin of 3.09% and a return on equity of 22.52%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the previous year, the business earned $0.66 earnings per share. Brunswick’s revenue was up 10.6% compared to the same quarter last year.

BC has been the subject of several other reports. BMO Capital Markets reduced their price target on Brunswick from $68.00 to $62.00 and set an “outperform” rating for the company in a report on Friday, October 27th. Robert W. Baird restated a “buy” rating and set a $65.00 price target on shares of Brunswick in a report on Friday, December 22nd. Imperial Capital restated a “buy” rating and set a $65.00 price target on shares of Brunswick in a report on Wednesday, December 13th. They noted that the move was a valuation call. Zacks Investment Research upgraded Brunswick from a “sell” rating to a “hold” rating in a report on Thursday, January 18th. Finally, SunTrust Banks restated a “buy” rating and set a $62.00 price target on shares of Brunswick in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $65.47.

Brunswick (NYSE:BC) opened at $57.21 on Thursday. Brunswick has a twelve month low of $48.04 and a twelve month high of $64.45. The company has a current ratio of 1.78, a quick ratio of 1.04 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $4,973.77, a price-to-earnings ratio of 35.98, a PEG ratio of 0.76 and a beta of 1.82.

In other Brunswick news, insider John C. Pfeifer sold 3,780 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $54.96, for a total value of $207,748.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.00% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. Baird Financial Group Inc. lifted its position in shares of Brunswick by 16.7% during the 4th quarter. Baird Financial Group Inc. now owns 33,348 shares of the company’s stock valued at $1,842,000 after buying an additional 4,781 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Brunswick by 448.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 337,700 shares of the company’s stock valued at $18,648,000 after buying an additional 276,100 shares in the last quarter. Itau Unibanco Holding S.A. lifted its position in shares of Brunswick by 91.8% during the 4th quarter. Itau Unibanco Holding S.A. now owns 10,655 shares of the company’s stock valued at $588,000 after buying an additional 5,100 shares in the last quarter. Schroder Investment Management Group lifted its position in shares of Brunswick by 8.2% during the 4th quarter. Schroder Investment Management Group now owns 1,810,603 shares of the company’s stock valued at $99,981,000 after buying an additional 136,614 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Brunswick by 3.9% during the 4th quarter. Rhumbline Advisers now owns 205,423 shares of the company’s stock valued at $11,343,000 after buying an additional 7,755 shares in the last quarter. 91.53% of the stock is currently owned by hedge funds and other institutional investors.

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Brunswick Company Profile

Brunswick Corporation is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Company’s product includes marine engines, boats, fitness equipment and active recreation products. The Company’s engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems; and marine parts and accessories.

Earnings History and Estimates for Brunswick (NYSE:BC)

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