On Thursday, StockNews.com provided its clients and investors with a research report on Brunswick, which discussed the business.
The report was about Brunswick (NYSE: B.C.). Customers were encouraged to “buy” the company’s shares on the recommendation of the business.
On February 2, Brunswick’s most recent financial results, traded on the NYSE under the symbol B.C., were made public.
Earnings per share (EPS) for the quarter reported by the company came in at $1.99, which was $0.02 higher than the consensus estimate of $1.97.
Brunswick successfully generated a return on equity of 37.56 percent, and its net margin came in at 9.94 percent.
The company’s revenue for the quarter came in at $1.58 billion, a significant decrease from the average prediction of $1.66 billion for the quarter’s revenue.
The company posted earnings of $1.44 per share during the same period the year before when compared to the current year. Compared to the previous year, the increase in the company’s revenue was 10.6 percentage points higher.
According to predictions made by industry experts, the current fiscal year is expected to result in Brunswick generating earnings of 10.36 cents per share.
Thursday’s opening price of B.C. stock on the New York Stock Exchange was $80.15.
The moving average for the company over the previous two hundred days is $75.79, and the moving average for the previous fifty days is $83.99.
The debt-to-equity ratio stands at 1.18 to 1, the quick ratio at 0.82 to 1, and the current ratio at 1.81 to 1.
During the previous calendar year, the cost of a bottle of Brunswick fluctuated between $61.89 and $94.60 at various points.
The company has a price-to-earnings ratio of 8.92, its beta value is 1.53, and its market capitalization is currently valued at $5.70 billion.
The stock in question has recently been the subject of commentary from a diversity of perspectives from various equity analysts.
In a report made public on Friday, February 3, Citigroup increased the “buy” rating they had previously assigned to Brunswick.
It increased the price target they had previously assigned to the stock from $104.00 to $106.00.
In a report published on February 7, DA Davidson changed their rating for Brunswick from “neutral” to “outperform,” and they raised their price objective on the stock from $82.00 to $92.00.
BMO Capital Markets announced, in a research report made public on Friday, February 3, that they had raised their price objective on Brunswick stock from $110.00 to $120.00.
The previous price objective was $110.00.
In a report published on Friday, February 3, B. Riley raised their “buy” rating and price objective on Brunswick shares from $88.00 to $108.00.
Additionally, the price objective remained the same.
In a report about shares of Brunswick that were released on Thursday, February 2, and authored by Roth Capital, the firm reaffirmed its previous recommendation of a “buy.” Two research analysts have suggested that investors maintain their hold positions on the company’s stock, while thirteen have been assigned a buy rating.
According to Bloomberg, the stock is currently rated as having an average recommendation of “Moderate Buy,” and the price objective for the stock is reported to be $103.23.
Christopher F.
Dekker, Vice President of Brunswick, sold 7,353 shares of the company’s stock on Thursday, February 16.
This was covered in a report that was published on its own.
It was found that each share was sold for an average of $88.29, which led to a total sale volume of 649,196.37 dollars.
The company’s vice president is the current owner of 41,455 shares of company stock, which have a combined value of approximately $3,660,061.95 at this time. You will be taken to a legal file submitted to the SEC if you click on the link we provided, where you will find additional information regarding the sale. On February 16, Chief Financial Officer Ryan M. Gwillim made a transaction in which he sold 5,710 shares of Brunswick stock.
This development is relevant to this topic.
During the transaction, the shares were sold for a total price of $504,078.80, which works out to an average price of $88.28 per share. Following the completion of the transaction, the Chief Financial Officer (CFO) obtained a total of 28,522 company shares, which have an approximate value of $2,517,922.16. You will be taken to a legal file submitted to the SEC if you click on the link we provided, where you will find additional information regarding the sale. On Thursday, February 16, Vice President Christopher F.
Dekker also sold 7,353 shares of Brunswick stock.
Both transactions took place on the same day.
The total amount of money obtained from the stock sale was 649,196.37 dollars, which works out to a price of $88.29 for each share.
The vice president is the direct owner of 41,455 shares of the company’s stock.
At present, these shares have a combined value of approximately $3,660,061.95.
Disclosures related to the sale might be found in this website section. Over the most recent three months, company insiders have parted ways with 13,234 shares of company stock, fetching a combined total of $1,167,542 for their efforts.
The company’s insiders own 0.58 percent of the total number of shares outstanding.
The percentage of stocks that hedge funds and other types of institutional investors hold in their portfolios has been a topic of discussion among several of these investors in recent months.
B. Riley Financial Advisors INC invested approximately 218 thousand dollars during the fourth quarter to increase its holdings in Brunswick.
In the final three months of 2018, Victory Capital Management INC made a 7.3% increase in the proportion of Brunswick shares that it owned.
The most recent quarter saw Victory Capital Management INC acquire an additional 34,593 shares of the company’s stock, bringing their total number of directly owned shares to 506,326 at a value of $36,496,000.
This brings the total number of shares directly owned by the company to 506,326. Rockefeller Capital Management L.P.
Increased the amount of Brunswick stock owned by 104.7% over the last three months of 2018.
After making an additional purchase of 266 shares during the most recent quarter, Rockefeller Capital Management L.P. now has 520 shares of the company’s stock.
It would cost you $36,000 to buy these 520 shares of the company’s stock.
A 0.9% increase in the proportion of Brunswick shares held by Voya Investment Management LLC was accomplished during the company’s most recent fiscal quarter.
As a result of the purchase of 488 additional shares during the most recent quarter, Voya Investment Management LLC now directly owns 52,138 shares of the company.
Based on the current market price, these shares are worth $3,758,000.
During the fourth quarter, Natixis could not be outdone and increased the percentage of Brunswick stock owned by 250.9 percent.
After completing additional purchases totaling 57,200 over the preceding three months, the investment company Natixis now holds 80,000 shares of the company’s stock, with an estimated market value of $5,766,000.
The company’s equity is made up of 93.01% of the shares in the company, which institutional investors own.