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Tuesday, December 5, 2023

Investing In Brunswick Corp. (NYSE: BC): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Brunswick Corp. (BC) shows that investor sentiment remained same, with the stock’s consolidated last price to $71.99. The Brunswick Corp. has recorded 11,689 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Brunswick Corporation Named to Forbes’ List of America’s Best Employers for Veterans for Fourth Consecutive Year.

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Stocks Info

The company is listed on the NYSE and operates within the Recreational Vehicles industry segment. At the end of the last regular session, the stock closed at $71.99 and fluctuated between $72.22 as its day high and $70.73 as its day low. The current market capitalization of Brunswick Corp. is $4.95B. A total of 0.7 million shares were traded on the day, compared to an average of 686.62K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, BC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 45 BUYs and 31 SELLs from insiders. Insiders purchased 218,014 shares during that period but sold 114,569.

In the most recent transaction, COOPER NANCY E sold 414 shares of BC for 68.57 per share on Nov 01. After the transaction, the Director now owns 21,887 company shares. In a previous transaction on Nov 01, SINGER DAVID V sold 221 shares at 68.67 per share. BC shares that Director owns now total 23,775.

Among the insiders who sold shares, COOPER NANCY E disposed of 333 shares on Aug 01 at a per-share price of $84.88. This resulted in the Director holding 21,118 shares of BC after the transaction. In another insider transaction, SINGER DAVID V sold 177 shares at $85.23 per share on Aug 01. Company shares held by the Director now total 22,808.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Brunswick Corp. pays an annual dividend of $1.59, resulting in a dividend yield of 2.21%, and it has a price to earnings (P/E) ratio of 10.26. BC’s most recent ex-dividend date was 11/21/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/22/2023. The BC stock dividend was $0.40 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for BC in the last 3 months, the mean price target is $85.36 with high estimates of $100.00 and low estimates of $70.00. In terms of 52-week highs and lows, BC has a high of $93.15 and a low of $66.47.

As of this writing, BC has an earnings estimate of $2.36 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $2.43 per share and a lower estimate of $2.33. The company reported an EPS of $2.57 in the last quarter, which was 8.00% higher than expectations of $2.38.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BC’s latest balance sheet shows that the firm has $355.30M in Cash & Short Term Investments as of fiscal 2021. There were $1.82B in debt and $1.44B in liabilities at the time. Its Book Value Per Share was $30.26, while its Total Shareholder’s Equity was $1.91B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BC is Buy with a score of 4.21.

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