Brunswick (NYSE:BC) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $4.20-4.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.53. Brunswick also updated its FY 2019 guidance to $4.20-4.30 EPS.

Several research analysts have weighed in on the company. SunTrust Banks upped their price target on Fidelity National Financial to $45.00 and gave the stock a buy rating in a research note on Friday, April 26th. ValuEngine upgraded Worldline from a hold rating to a buy rating in a research note on Tuesday, July 23rd. Royal Bank of Canada downgraded Roku from an outperform rating to a sector perform rating and set a $90.00 price target for the company. in a research note on Monday, July 1st. They noted that the move was a valuation call. KeyCorp restated an overweight rating and issued a $55.00 price target (down from $65.00) on shares of Brunswick in a research note on Monday, July 22nd. Finally, B. Riley set a $71.00 price target on Brunswick and gave the stock a buy rating in a research note on Friday, June 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. Brunswick presently has a consensus rating of Buy and a consensus target price of $58.94.

BC stock traded up $1.18 during midday trading on Friday, hitting $47.86. The company’s stock had a trading volume of 1,743,143 shares, compared to its average volume of 1,332,221. Brunswick has a 12 month low of $41.02 and a 12 month high of $69.82. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.98 and a quick ratio of 0.79. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 10.03, a price-to-earnings-growth ratio of 1.11 and a beta of 1.70. The business has a 50 day moving average price of $45.47.

Brunswick (NYSE:BC) last posted its earnings results on Thursday, July 25th. The company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.21 billion. Brunswick had a return on equity of 26.56% and a net margin of 3.10%. The company’s quarterly revenue was down 16.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.50 EPS. On average, analysts expect that Brunswick will post 4.3 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Tuesday, August 20th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, August 19th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.76%. Brunswick’s dividend payout ratio is currently 17.61%.

Brunswick Company Profile

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company's Marine Engine segment offers outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, electrical systems, service parts, and lubricants; and integrated propulsion systems to the recreational and commercial marine markets, as well as parts and accessories.

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Earnings History and Estimates for Brunswick (NYSE:BC)

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