Brunswick Corporation (NYSE:BC) Given Daily Media Impact Rating of 0.12
Media coverage about Brunswick Corporation (NYSE:BC) has been trending somewhat positive on Saturday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brunswick Corporation earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.6376922775912 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s analysis:
- Brunswick Corporation (NYSE:BC) Expected to Post Quarterly Sales of $1.17 Billion (americanbankingnews.com)
- Timessquare Capital Management, LLC Significantly Raises Its Ownership in Brunswick Corporation (BC) Stock Last Quarter (highlightpress.com)
- See what the IHS Markit Score report has to say about Brunswick Corp. (finance.yahoo.com)
- Contrasting Winnebago Industries (WGO) & Brunswick Corporation (NYSE:BC) (americanbankingnews.com)
- Acquires 3592 Shares of The Ultimate Software Group, Inc. (NASDAQ:ULTI) (expressnewsline.com)
Shares of Brunswick Corporation (NYSE:BC) opened at 54.78 on Friday. The firm’s 50-day moving average price is $59.90 and its 200 day moving average price is $59.11. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 17.38 and a beta of 1.81. Brunswick Corporation has a 52 week low of $42.02 and a 52 week high of $63.82.
Brunswick Corporation (NYSE:BC) last released its quarterly earnings data on Thursday, July 27th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.02. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Brunswick Corporation had a return on equity of 23.35% and a net margin of 6.13%. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.17 earnings per share. On average, analysts anticipate that Brunswick Corporation will post $4.05 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, August 22nd will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Friday, August 18th. This represents a $0.66 dividend on an annualized basis and a yield of 1.20%. Brunswick Corporation’s payout ratio is 20.95%.
Several equities analysts recently weighed in on the company. BidaskClub downgraded Brunswick Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday. B. Riley reiterated a “buy” rating and set a $70.00 target price on shares of Brunswick Corporation in a research report on Wednesday, August 2nd. Zacks Investment Research upgraded Brunswick Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Forward View set a $60.00 target price on Brunswick Corporation and gave the stock a “hold” rating in a research report on Sunday, July 30th. Finally, BMO Capital Markets dropped their price target on Brunswick Corporation from $72.00 to $68.00 and set an “outperform” rating for the company in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $65.82.
In related news, Chairman Mark D. Schwabero sold 2,738 shares of Brunswick Corporation stock in a transaction on Friday, July 14th. The stock was sold at an average price of $63.72, for a total transaction of $174,465.36. Following the completion of the sale, the chairman now owns 219,783 shares of the company’s stock, valued at $14,004,572.76. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Mark D. Schwabero sold 29,552 shares of Brunswick Corporation stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $63.74, for a total value of $1,883,644.48. The disclosure for this sale can be found here. In the last three months, insiders have sold 51,439 shares of company stock valued at $3,258,968. Insiders own 1.00% of the company’s stock.
Brunswick Corporation 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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