Brunswick (NYSE:BC) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $4.50-4.70 for the period, compared to the Thomson Reuters consensus estimate of $4.96.

NYSE BC opened at $54.48 on Thursday. The company has a quick ratio of 0.75, a current ratio of 1.50 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $4.65 billion, a PE ratio of 11.42, a P/E/G ratio of 1.00 and a beta of 1.65. Brunswick has a 52-week low of $41.92 and a 52-week high of $69.82.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, January 31st. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.08. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.25 billion. Brunswick had a net margin of 5.20% and a return on equity of 27.37%. During the same period in the prior year, the firm earned $0.70 earnings per share. Sell-side analysts predict that Brunswick will post 4.97 EPS for the current fiscal year.

BC has been the subject of a number of research analyst reports. B. Riley reissued a buy rating on shares of Brunswick in a research report on Thursday, December 27th. JPMorgan Chase & Co. initiated coverage on shares of Brunswick in a research report on Friday, January 11th. They issued a neutral rating and a $52.00 price target for the company. Zacks Investment Research lowered shares of Brunswick from a hold rating to a sell rating in a research report on Tuesday, January 29th. ValuEngine lowered shares of Brunswick from a hold rating to a sell rating in a research report on Saturday, February 2nd. Finally, TheStreet raised shares of Brunswick from a c rating to a b- rating in a research report on Thursday, January 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $70.67.

In related news, VP Christopher F. Dekker sold 1,599 shares of the firm’s stock in a transaction that occurred on Thursday, February 14th. The shares were sold at an average price of $49.94, for a total transaction of $79,854.06. Following the transaction, the vice president now owns 32,323 shares of the company’s stock, valued at $1,614,210.62. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Daniel J. Tanner sold 3,373 shares of the stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $53.28, for a total value of $179,713.44. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,251 shares of company stock worth $321,816. Insiders own 1.20% of the company’s stock.

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About Brunswick

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company's Marine Engine segment offers outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, electrical systems, service parts, and lubricants; and integrated propulsion systems to the recreational and commercial marine markets, as well as parts and accessories.

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Earnings History and Estimates for Brunswick (NYSE:BC)

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