Brunswick
BC

$79.98

1.21%

Market Cap: 5.4B

About: Brunswick is a leading manufacturer in the marine recreation industry. The firm has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick's focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.

Employees: 17,300

Industrials Engines & Turbines

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 18 analysts

0

News positive %

of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 46

2% more funds holding

Funds holding: 374 [Q4 2023] → 381 (+7) [Q1 2024]

0.51% less ownership

Funds ownership: 98.83% [Q4 2023] → 98.31% (-0.51%) [Q1 2024]

2% less capital invested

Capital invested by funds: $6.57B [Q4 2023] → $6.46B (-$113M) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 129

33% less funds holding in top 10

Funds holding in top 10: 9 [Q4 2023] → 6 (-3) [Q1 2024]

39% less call options, than puts

Call options by funds: $25.9M | Put options by funds: $42.4M

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$70

12%

downside

Avg. target

$92

16%

upside

High target

$115

44%

upside

18 analyst ratings

13 positive

72%

5 neutral

28%

0 negative

0%

Benchmark Michael Albanese	25%upside $100	Buy Reiterated	26 Jul 2024
Jefferies Anna Glaessgen	12%downside $70	Hold Downgraded	26 Jul 2024
Baird Craig Kennison	16%upside $93	Outperform Maintained	26 Jul 2024
Roth MKM Scott Stember	18%upside $94	Buy Reiterated	25 Jul 2024
JP Morgan Kevin Heenan	6%downside $75	Neutral Maintained	24 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about BC published over the past 30 days

This Southwest Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

This Southwest Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Brunswick Corporation (BC) Q2 2024 Earnings Call Transcript

Brunswick Corporation (NYSE:BC ) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Neha Clark - Senior Vice President, Enterprise Finance Dave Foulkes - Chief Executive Officer Ryan Gwillim - Chief Financial Officer Conference Call Participants Fred Wightman - Wolfe Research Michael Swartz - Truist Securities Matthew Boss - JPMorgan Megan Alexander - Morgan Stanley Investment Managers Xian Siew - BNP Paribas Asset Management Craig Kennison - Baird Operator Good morning, and welcome to Brunswick Corporation's Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer period.

Brunswick Corporation (BC) Q2 2024 Earnings Call Transcript

Brunswick Q2: Deeper Temporary Weakness, But A More Attractive Valuation

Brunswick reported Q2 results with a sharper-than-expected earnings decline. The 2024 guidance was also lowered, as Brunswick now expects the industry weakness to persist longer than previously thought. Brunswick's revenues are still outperforming peers, and the company's earnings are resilient overall.

Brunswick Q2: Deeper Temporary Weakness, But A More Attractive Valuation

Zacks Investment Research

Compared to Estimates, Brunswick (BC) Q2 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Brunswick (BC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Brunswick (BC) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research

Brunswick (BC) Q2 Earnings and Revenues Miss Estimates

Brunswick (BC) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.35 per share a year ago.

Brunswick (BC) Q2 Earnings and Revenues Miss Estimates

Brunswick Corporation Releases 2024 Second Quarter Earnings

METTAWA, Ill., July 25, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its second quarter 2024 financial results. A complete and full-text financial results press release is available on the Company's website at https://ir.brunswick.com . The results will also be available on the SEC's website with the Form 8-K filing of the release at http://goo.gl/wJQN1 .

Brunswick Corporation Releases 2024 Second Quarter Earnings

Brunswick Corporation Recognized as One of America's Best Midsize Companies by TIME, Ranking No.1 in Category and in Top 10 Percent Overall

METTAWA, Ill., July 24, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation, (NYSE:BC), the world's leading marine technology company, has been recognized on TIME's inaugural list of America's Best Midsize Companies for 2024. Of the 500 companies recognized, Brunswick ranked No. 1 within the Engineering and Manufacturing category and 27th overall. This award reflects Brunswick's exceptional performance in three focus areas: employee satisfaction, revenue growth, and sustainability transparency.

Brunswick Corporation Recognized as One of America's Best Midsize Companies by TIME, Ranking No.1 in Category and in Top 10 Percent Overall

Zacks Investment Research

Earnings Preview: Brunswick (BC) Q2 Earnings Expected to Decline

Brunswick (BC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Brunswick (BC) Q2 Earnings Expected to Decline

Brunswick Corporation Augments ACES Strategy with Investments in Boating Intelligence™

METTAWA, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation, (NYSE:BC), the world's leading marine technology company is enhancing its ACES (Autonomous, Connected, Electrified, and Shared) strategy with the announcement of Boating Intelligence™, a comprehensive initiative to incorporate AI features into its products to deliver simpler, safer, smarter, and more sustainable boating. To accelerate its vision for Boating Intelligence, Brunswick Corporation is re-launching its I-Jet Lab at the University of Illinois Research Park. The newly named Boating Intelligence Design Lab (BI DesignLab), under the direction of Jeff Reifsnyder, is refocusing its programs on developing Brunswick's AI talent and capabilities, as well as supporting Brunswick's product development teams as they incorporate AI into Brunswick's next generation of products. BI DesignLab is already supporting the development of Brunswick's autonomous docking technology but is now also advancing work on AI-powered virtual agents, customized for marine applications, and other applications that will provide smart assistance to people operating their own boats and members of Brunswick's Freedom Boat Club.

Brunswick Corporation Augments ACES Strategy with Investments in Boating Intelligence™

Brunswick Corporation Announces Quarterly Dividend

METTAWA, Ill., July 16, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Brunswick Corporation (NYSE: BC) today approved a quarterly dividend on its common stock of $0.42 per share.

Brunswick Corporation Announces Quarterly Dividend

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