Wall Street brokerages forecast that Brunswick Co. (NYSE:BC) will post $1.14 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Eleven analysts have issued estimates for Brunswick’s earnings, with estimates ranging from $1.12 billion to $1.15 billion. Brunswick posted sales of $1.08 billion in the same quarter last year, which would indicate a positive year over year growth rate of 5.6%. The company is scheduled to report its next earnings results 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 $4.81 billion. For the next year, analysts expect that the firm will report sales of $5.06 billion per share, with estimates ranging from $4.97 billion to $5.13 billion. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Brunswick.

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

Several research firms recently issued reports on BC. BMO Capital Markets reduced their price target on shares of Brunswick from $68.00 to $62.00 and set an “outperform” rating for the company in a research report on Friday, October 27th. Robert W. Baird reissued a “buy” rating and issued a $65.00 price target on shares of Brunswick in a research report on Friday, December 22nd. Imperial Capital reissued a “buy” rating and issued a $65.00 price target on shares of Brunswick in a research report on Wednesday, December 13th. They noted that the move was a valuation call. ValuEngine downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Finally, SunTrust Banks reissued a “buy” rating and issued a $62.00 price target on shares of Brunswick in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. Brunswick presently has a consensus rating of “Buy” and a consensus target price of $63.23.

Shares of Brunswick (NYSE BC) opened at $56.76 on Friday. Brunswick has a 52-week low of $48.04 and a 52-week high of $63.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.81 and a quick ratio of 0.95. The stock has a market cap of $4,890.46, a price-to-earnings ratio of 18.31, a P/E/G ratio of 0.80 and a beta of 1.91.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Tuesday, November 21st were paid a dividend of $0.19 per share. The ex-dividend date was Monday, November 20th. This is a boost from Brunswick’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 1.34%. Brunswick’s dividend payout ratio (DPR) is 24.52%.

In other Brunswick news, insider John C. Pfeifer sold 3,780 shares of the firm’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $54.96, for a total transaction of $207,748.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new stake in shares of Brunswick during the 2nd quarter worth $134,000. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Brunswick by 1,158.4% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,391 shares of the company’s stock worth $132,000 after purchasing an additional 2,201 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Brunswick by 9.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,217 shares of the company’s stock worth $202,000 after purchasing an additional 280 shares during the period. Advisor Group Inc. raised its stake in shares of Brunswick by 2.7% during the 2nd quarter. Advisor Group Inc. now owns 3,306 shares of the company’s stock worth $202,000 after purchasing an additional 87 shares during the period. Finally, Nomura Holdings Inc. bought a new stake in shares of Brunswick during the 2nd quarter worth $240,000. Institutional investors own 92.18% of the company’s stock.

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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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