Brunswick Corp. Hits New 52-Week High at $41.06 (BC)
Shares of Brunswick Corp. (NYSE:BC) hit a new 52-week high during trading hours on Wednesday, StockRatingsNetwork reports. The company traded as high as $41.06 and last traded at $41.06, with a volume of 621,162 shares trading hands. The stock had previously closed at $40.72.
Separately, analysts at SunTrust reiterated a “buy” rating on shares of Brunswick Corp. (NYSE:BC) in a research note to investors on Friday, September 13th. They now have a $45.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $39.14.
In other Brunswick Corp. news, VP Kevin Grodzki sold 5,000 shares of Brunswick Corp. stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $41.00, for a total transaction of $205,000.00. Following the completion of the transaction, the vice president now directly owns 33,099 shares in the company, valued at approximately $1,357,059. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Brunswick Corp. has a 52-week low of $21.08 and a 52-week high of $41.06. The stock has a 50-day moving average of $38. and a 200-day moving average of $34.89. The company has a market cap of $3.718 billion and a price-to-earnings ratio of 67.87.
Brunswick Corp. (NYSE:BC) last released its earnings data on Thursday, July 25th. The company reported $1.23 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.07 by $0.16. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the company posted $0.93 earnings per share. Brunswick Corp.’s revenue was up 4.2% compared to the same quarter last year. Analysts expect that Brunswick Corp. will post $2.62 EPS for the current fiscal year.
Brunswick Corporation (NYSE:BC) is a worldwide designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness equipment and bowling and billiards equipment.
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