Brunswick (NYSE:BC) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Brunswick (NYSE:BC) posted its quarterly earnings data on Thursday. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06, RTT News reports. Brunswick had a net margin of 5.02% and a return on equity of 19.15%. During the same quarter in the previous year, the business posted $1.45 EPS. Brunswick updated its FY 2025 guidance to 3.500-5.000 EPS and its Q1 2025 guidance to 0.150-0.250 EPS.

Brunswick Stock Performance

Shares of NYSE BC opened at $67.45 on Friday. The stock has a 50 day moving average of $70.37 and a 200-day moving average of $76.57. Brunswick has a 12 month low of $62.64 and a 12 month high of $96.65. The company has a market capitalization of $4.45 billion, a P/E ratio of 16.78 and a beta of 1.54. The company has a current ratio of 1.97, a quick ratio of 0.74 and a debt-to-equity ratio of 1.17.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Roth Mkm cut their price objective on Brunswick from $91.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Citigroup dropped their price target on shares of Brunswick from $92.00 to $85.00 and set a “buy” rating on the stock in a research report on Tuesday. Truist Financial lowered their target price on shares of Brunswick from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. DA Davidson cut their target price on shares of Brunswick from $80.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, January 22nd. Finally, B. Riley cut Brunswick from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $95.00 to $88.00 in a research report on Tuesday, November 26th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Brunswick currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.85.

About Brunswick

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.