Brunswick Corp. (BC) stock price forecast predicts $97.07 value

A share price of Brunswick Corp. [BC] is currently trading at $83.36, up 0.20%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BC shares have gain 3.68% over the last week, with a monthly amount glided 3.98%, 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.

Brunswick Corp. experienced fluctuations in its stock price throughout the past year between $66.47 and $99.68. Currently, Wall Street analysts expect the stock to reach $97.07 within the next 12 months. Brunswick Corp. [NYSE: BC] shares were valued at $83.36 at the most recent close of the market. An investor can expect a potential return of 16.45% based on the average BC price forecast.

Analyzing the BC fundamentals

Trailing Twelve Months sales for Brunswick Corp. [NYSE:BC] were 5.76B which represents -15.18% decline. 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 82.53 points at the first support level, and at 81.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.78, and for the 2nd resistance point, it is at 86.21.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Brunswick Corp. [NYSE:BC] is 1.70. In addition, the Quick Ratio stands at 0.75 and the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 2.75 and price to earnings (TTM) ratio is 16.80.

Transactions by insiders

Recent insider trading involved Dibkey Brett A, Officer, that happened on Aug 21 ’24 when 16776.0 shares were purchased. Director, NANCY E COOPER completed a deal on Aug 01 ’24 to buy 358.0 shares. Meanwhile, Director COOPER NANCY E sold 358.0 shares on Aug 01 ’24.

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