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

Brunswick (NYSE:BC)‘s stock had its “neutral” rating reissued by stock analysts at DA Davidson in a research note issued to investors on Monday,Benzinga reports. They presently have a $76.00 target price on the stock. DA Davidson’s price objective would suggest a potential downside of 1.78% from the company’s current price.

Several other equities research analysts have also issued reports on the stock. Robert W. Baird set a $85.00 price objective on shares of Brunswick in a research note on Friday, January 30th. B. Riley Financial reiterated a “neutral” rating and set a $80.00 price target (up from $70.00) on shares of Brunswick in a research note on Friday, January 30th. Texas Capital upgraded Brunswick from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Griffin Securities set a $76.00 price target on Brunswick in a research note on Monday, February 2nd. Finally, Benchmark upped their price target on Brunswick from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $86.71.

Brunswick Stock Down 0.2%

Shares of NYSE:BC traded down $0.17 during trading on Monday, reaching $77.38. 110,333 shares of the company traded hands, compared to its average volume of 922,928. The firm has a fifty day simple moving average of $75.80 and a 200 day simple moving average of $76.43. The firm has a market cap of $5.03 billion, a P/E ratio of -36.85 and a beta of 1.33. Brunswick has a 1-year low of $48.83 and a 1-year high of $90.25. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the business posted $0.56 EPS. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Analysts anticipate that Brunswick will post 4.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BC. Summit Securities Group LLC acquired a new position in shares of Brunswick during the first quarter valued at about $27,000. Farther Finance Advisors LLC raised its holdings in Brunswick by 72.3% in the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after acquiring an additional 159 shares in the last quarter. Millstone Evans Group LLC acquired a new position in Brunswick in the 1st quarter valued at approximately $29,000. V Square Quantitative Management LLC acquired a new position in Brunswick in the 4th quarter valued at approximately $30,000. Finally, First Horizon Corp acquired a new position in Brunswick in the 3rd quarter valued at approximately $26,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Company Profile

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.