Equities analysts expect that Brunswick Co. (NYSE:BC) will post $1.14 billion in sales for the current quarter, according to Zacks. Eleven analysts have made estimates for Brunswick’s earnings, with the lowest sales estimate coming in at $1.12 billion and the highest estimate coming in at $1.15 billion. Brunswick posted sales of $1.08 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 5.6%. The company is scheduled to announce its next quarterly earnings report on Thursday, January 25th.

According to Zacks, analysts expect that Brunswick will report full-year sales of $1.14 billion for the current year, with estimates ranging from $4.78 billion to $4.83 billion. For the next year, analysts anticipate that the firm will post sales of $5.07 billion per share, with estimates ranging from $4.97 billion to $5.18 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Brunswick.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.91 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.00 by ($0.09). The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Brunswick had a net margin of 5.93% and a return on equity of 22.71%. Brunswick’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 EPS.

BC has been the topic of several recent research reports. Stifel Nicolaus cut their price target on Brunswick from $68.00 to $61.00 and set a “buy” rating on the stock in a report on Friday, October 27th. BMO Capital Markets cut their price target on Brunswick from $68.00 to $62.00 and set an “outperform” rating on the stock in a report on Friday, October 27th. Robert W. Baird restated a “buy” rating and set a $68.00 price target on shares of Brunswick in a report on Friday, September 8th. Zacks Investment Research upgraded Brunswick from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Brunswick in a report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the company. Brunswick has an average rating of “Buy” and an average price target of $62.50.

Shares of Brunswick (NYSE:BC) opened at $54.70 on Friday. The company has a current ratio of 1.81, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. Brunswick has a 1-year low of $48.04 and a 1-year high of $63.82. The firm has a market capitalization of $4,853.63, a PE ratio of 14.68, a price-to-earnings-growth ratio of 0.88 and a beta of 1.90.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Tuesday, November 21st will be given a dividend of $0.19 per share. This is a boost from Brunswick’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Monday, November 20th. Brunswick’s dividend payout ratio is currently 24.52%.

Large investors have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Brunswick by 1,158.4% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,391 shares of the company’s stock valued at $132,000 after purchasing an additional 2,201 shares during the period. Advisors Asset Management Inc. acquired a new stake in shares of Brunswick in the 2nd quarter valued at about $134,000. Bronfman E.L. Rothschild L.P. boosted its position in shares of Brunswick by 149.8% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,550 shares of the company’s stock valued at $160,000 after purchasing an additional 1,529 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Brunswick by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,217 shares of the company’s stock valued at $202,000 after purchasing an additional 280 shares during the period. Finally, Advisor Group Inc. boosted its position in shares of Brunswick by 2.7% in the 2nd quarter. Advisor Group Inc. now owns 3,306 shares of the company’s stock valued at $202,000 after purchasing an additional 87 shares during the period. 92.23% of the stock is owned by institutional investors and hedge funds.

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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.

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Earnings History and Estimates for Brunswick (NYSE:BC)

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