Investors are poised to add Brunswick Corp. (BC) Stock to their long term portfolios

Brunswick Corp. [BC] stock prices are up 2.14% to $81.69 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BC shares have gain 4.77% over the last week, with a monthly amount glided 15.07%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Brunswick Corp. [NYSE: BC] stock has seen the most recent analyst activity on July 29, 2024, when Northcoast upgraded its rating to a Buy but kept the price target unchanged to $100 for it. Previously, The Benchmark Company started tracking the stock with Buy rating on May 22, 2024, and set its price target to $100. On April 15, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $82 on the stock. B. Riley Securities upgraded its rating to a Buy and increased its price target to $108 on February 20, 2024. Raymond James downgraded its rating to a Mkt Perform. B. Riley Securities downgraded its rating to Neutral for this stock on January 02, 2024, but kept the price target unchanged to $106. In a note dated December 18, 2023, B. Riley Securities reiterated an Buy rating on this stock and boosted its target price from $88 to $106.

The stock price of Brunswick Corp. [BC] has been fluctuating between $66.47 and $99.68 over the past year. Currently, Wall Street analysts expect the stock to reach $97.07 within the next 12 months. Brunswick Corp. [NYSE: BC] shares were valued at $81.69 at the most recent close of the market. An investor can expect a potential return of 18.83% based on the average BC price forecast.

Analyzing the BC fundamentals

The Brunswick Corp. [NYSE:BC] reported sales of 5.76B for trailing twelve months, representing a drop of -15.18%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.17 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.4.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.22 points at the first support level, and at 78.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.43, and for the 2nd resistance point, it is at 85.18.

Ratios To Look Out For

It’s worth pointing out that Brunswick Corp. [NYSE:BC]’s Current Ratio is 1.70. As well, the Quick Ratio is 0.75, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 2.70 and price to earnings (TTM) ratio is 16.47.

Transactions by insiders

Recent insider trading involved Preisser Brenna, E.V.P. & President BA, that happened on May 09 ’24 when 1225.0 shares were sold. Director, COOPER NANCY E completed a deal on May 01 ’24 to sell 357.0 shares. Meanwhile, Chief Executive Officer FOULKES DAVID M sold 35000.0 shares on Feb 26 ’24.

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