Brunswick’s (BC) “Neutral” Rating Reaffirmed at DA Davidson

Brunswick (NYSE:BC)‘s stock had its “neutral” rating reaffirmed by investment analysts at DA Davidson in a research report issued on Monday,Benzinga reports. They currently have a $76.00 price target on the stock. DA Davidson’s price objective would indicate a potential downside of 1.78% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Truist Financial increased their price target on shares of Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Wall Street Zen lowered shares of Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Roth Mkm reissued a “buy” rating and issued a $94.00 price target (up from $79.00) on shares of Brunswick in a research report on Friday, January 30th. Texas Capital raised shares of Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Finally, Robert W. Baird set a $85.00 price target on shares of Brunswick in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Brunswick has a consensus rating of “Hold” and a consensus target price of $86.71.

Brunswick Stock Performance

Brunswick stock traded down $0.17 during trading hours on Monday, hitting $77.38. The stock had a trading volume of 110,333 shares, compared to its average volume of 922,928. The company has a 50-day moving average of $75.80 and a two-hundred day moving average of $76.43. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. The company has a market cap of $5.03 billion, a PE ratio of -36.85 and a beta of 1.33. Brunswick has a fifty-two week low of $48.83 and a fifty-two week high of $90.25.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the business posted $0.56 earnings per share. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. On average, equities research analysts anticipate that Brunswick will post 4.25 EPS for the current fiscal year.

Institutional Trading of Brunswick

Several hedge funds have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA grew its stake in shares of Brunswick by 2.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock valued at $265,252,000 after purchasing an additional 78,228 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Brunswick by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,931,104 shares of the company’s stock valued at $213,253,000 after acquiring an additional 82,689 shares during the period. American Century Companies Inc. lifted its stake in shares of Brunswick by 56.4% during the third quarter. American Century Companies Inc. now owns 2,302,918 shares of the company’s stock valued at $145,637,000 after acquiring an additional 830,451 shares during the period. Marshall Wace LLP lifted its stake in shares of Brunswick by 30.6% during the fourth quarter. Marshall Wace LLP now owns 1,921,479 shares of the company’s stock valued at $142,651,000 after acquiring an additional 449,943 shares during the period. Finally, Deprince Race & Zollo Inc. lifted its stake in shares of Brunswick by 0.8% during the fourth quarter. Deprince Race & Zollo Inc. now owns 1,866,872 shares of the company’s stock valued at $138,597,000 after acquiring an additional 14,822 shares during the period. 99.34% of the stock is owned by institutional investors.

About Brunswick

Founded in 1845 by John Moses Brunswick, Brunswick Corporation is a global leader in recreation products. Headquartered in Mettawa, Illinois, the company has evolved from its origins as a billiard table manufacturer into a diversified supplier of leisure equipment, serving both consumer and commercial markets around the world.

Brunswick operates through two primary segments: Marine and Bowling & Billiards. In its Marine segment, the company designs, manufactures and distributes recreational boats, outboard engines and aftermarket parts under recognized brands such as Sea Ray, Bayliner and Mercury Marine.