Brunswick Co. (NYSE:BC) has received an average rating of “Buy” from the eleven ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $68.14.

A number of equities research analysts have recently issued reports on BC shares. JPMorgan Chase & Co. raised shares of Brunswick from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $52.00 to $67.00 in a research note on Monday, February 25th. Zacks Investment Research cut shares of Brunswick from a “hold” rating to a “sell” rating in a research note on Tuesday, January 29th. ValuEngine cut shares of Brunswick from a “hold” rating to a “sell” rating in a research note on Saturday, February 2nd. TheStreet raised shares of Brunswick from a “c” rating to a “b-” rating in a research note on Thursday, January 31st. Finally, B. Riley reaffirmed a “buy” rating on shares of Brunswick in a research note on Thursday, December 27th.

In related news, VP Daniel J. Tanner sold 3,373 shares of the company’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $53.28, for a total transaction of $179,713.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Christopher F. Dekker sold 1,279 shares of the company’s stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $48.67, for a total transaction of $62,248.93. The disclosure for this sale can be found here. Insiders sold a total of 6,251 shares of company stock valued at $321,816 in the last ninety days. 1.20% of the stock is owned by corporate insiders.

A number of large investors have recently bought and sold shares of the stock. Lenox Wealth Management Inc. raised its holdings in Brunswick by 4.1% during the 4th quarter. Lenox Wealth Management Inc. now owns 5,510 shares of the company’s stock valued at $256,000 after buying an additional 217 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Brunswick by 0.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 34,536 shares of the company’s stock worth $1,604,000 after purchasing an additional 257 shares in the last quarter. First Mercantile Trust Co. raised its holdings in Brunswick by 15.7% in the 4th quarter. First Mercantile Trust Co. now owns 2,140 shares of the company’s stock worth $99,000 after purchasing an additional 290 shares in the last quarter. Louisiana State Employees Retirement System raised its holdings in Brunswick by 1.3% in the 1st quarter. Louisiana State Employees Retirement System now owns 23,300 shares of the company’s stock worth $1,173,000 after purchasing an additional 300 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in Brunswick by 3.8% in the 4th quarter. State of Alaska Department of Revenue now owns 13,707 shares of the company’s stock worth $635,000 after purchasing an additional 503 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

BC stock traded up $0.45 during midday trading on Wednesday, reaching $53.23. The company had a trading volume of 519,842 shares, compared to its average volume of 879,634. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.50 and a quick ratio of 0.75. Brunswick has a 1 year low of $41.92 and a 1 year high of $69.82. The stock has a market cap of $4.59 billion, a PE ratio of 11.16, a P/E/G ratio of 0.97 and a beta of 1.65.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, January 31st. The company reported $0.98 EPS for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.08. Brunswick had a net margin of 5.20% and a return on equity of 27.37%. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the previous year, the company earned $0.70 EPS. On average, research analysts expect that Brunswick will post 4.97 EPS for the current fiscal year.

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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Analyst Recommendations for Brunswick (NYSE:BC)

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