Brunswick (NYSE:BC) updated its FY17 earnings guidance on Tuesday. The company provided earnings per share guidance of $3.85-3.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.85. The company issued revenue guidance of +7% to $4.8 billion, compared to the consensus revenue estimate of $4.79 billion.

A number of equities analysts have recently weighed in on the company. ValuEngine cut Brunswick from a buy rating to a hold rating in a report on Wednesday, September 20th. Aegis reiterated a buy rating and set a $73.00 price target on shares of Brunswick in a report on Thursday, August 17th. B. Riley set a $65.00 price target on Brunswick and gave the stock a buy rating in a report on Tuesday, October 31st. Jefferies Group reiterated a hold rating and set a $56.00 price target on shares of Brunswick in a report on Friday, August 18th. Finally, Stifel Nicolaus reiterated a buy rating and set a $68.00 price target on shares of Brunswick in a report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. Brunswick presently has a consensus rating of Buy and a consensus price target of $62.50.

Shares of Brunswick (NYSE:BC) traded down $0.05 during trading on Tuesday, reaching $54.65. The company had a trading volume of 1,052,500 shares, compared to its average volume of 1,055,476. Brunswick has a 12 month low of $48.04 and a 12 month high of $63.82. The stock has a market cap of $4,790.00, a PE ratio of 14.51, a price-to-earnings-growth ratio of 0.87 and a beta of 1.90. The company has a quick ratio of 0.95, a current ratio of 1.81 and a debt-to-equity ratio of 0.28.

Brunswick (NYSE:BC) last announced its earnings results on Thursday, October 26th. The company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.09). Brunswick had a net margin of 5.93% and a return on equity of 22.71%. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter last year, the business earned $0.91 earnings per share. The business’s revenue was up 4.4% compared to the same quarter last year. equities research analysts anticipate that Brunswick will post 3.86 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Tuesday, November 21st will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.39%. This is a boost from Brunswick’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Monday, November 20th. Brunswick’s dividend payout ratio (DPR) is 24.44%.

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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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