Brunswick Corporation (NYSE:BC) went down by -2.52% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Leisure giant went up by $62.36 to trade ended Friday trading at $63.97. This is down from the $63.97 price recorded on Thursday’s trading session. Thanks to this latest performance, BC is closer to the higher price 52-week target of $72.00 and further from the lowest price target of $37.00. Its performance from the start of the year has also been positive, with BC up by 3.97% year-to-date.
Brunswick Corporation (BC) started the day trading at $63.25 and recorded an intraday high of $63.93. It also recorded an intraday low of $62.06 during Friday’s trading session. Brunswick Corporation is a very active stock that recorded a trading volume that is more than 24.85% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 1477006, which is more than 24.85 of the total average daily trading volume of 1.11 million.
Brunswick Corporation (NYSE:BC) 2020 Performance Impressive
The increase in BC’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BC currently stands at $67.39, which is higher than the current trading price of the stock by 7.46%. However, BC’s current trading price is -147.26% lower than the 52-week low price of $25.22. In terms of trading volume, Brunswick Corporation currently experienced healthy participation during the last trading session. 1477006 shares of Brunswick Corporation were traded on the stock exchange on Friday, which is more than 24.85% of the 1.11 million average trading volume of the stock.
The performance of the stock has been positive over the past year. BC’s performance over the past one year has seen it surge by 40.48%, while the stock has gone up by 2.73% in the last six months. The quarterly performance of BC currently stands at 75.02%, and it is up by 8.62% in the last month. The only positive figure was from the weekly performance, which currently reads 3.79%. At the time of writing BC’s report, the company has a total market cap of $5.06B, making it one of the largest publicly-traded companies in the world.Brunswick Corporation also has over 12828 employees all over the world.
BC Insider Activities
For Brunswick Corporation, insiders hold 96.04% of all company shares. The insider transactions over the past six months are up by 21.20%. During that period, insiders bought 111,893 shares in 36 transactions. In that same period, insiders sold 14,963 of their shares in 11 transactions. After these transactions, insiders at Brunswick Corporation now hold 622.74k shares, which is over 96.04% of the total company stocks. Institutional investors currently hold a large chunk of the BC shares, as they control 0.79% of the company’s total stock.
BC Fundamental Analysis
For Brunswick Corporation, the stock’s diluted earnings per share (EPS) stands at 0.35. In the coming year, analysts expect the EPS to be 4.19. The stock’s EPS growth this year is -87.90%, with analysts expecting almost a 3 growth in the earnings per share next week. In terms of revenue, Brunswick Corporation’s quarterly sales (YOY) is growing at 0.43, which is higher than the average annual revenue of -29.50% over the past half a decade.
The Return on Investment (ROI) on Brunswick Corporation’s stock currently stands at 4.10%, and it has a net profit margin of -0.60%. The operating margin of the company is 4.20%, and its gross margin is 27.50%.
BC Analysts Prediction
In June 08, 2020, several analysts reiterated their positions on the Brunswick Corporation stock and predicted its performance to their investors. The analysts at B. Riley FBR believe BC is still a Buy and set the price target between $64 and $71. The B. Riley FBR also has a Buy rating for Brunswick Corporation, predicting the stock price to stay between $57.50 and $64. Another analyst that has a Market Perform rating for BC is BMO Capital Markets, which set a price target of between $53 and $34. RBC Capital Mkts reiterate their Sector Perform position on the stock ($70 and $44)
Analysts at RBC Capital Mkts believe that BC is Outperform, and they have a price target of between $58 and $69.
At the moment, Brunswick Corporation’s Total Debt to Equity ratio stands at 1.15, and they have a long-term Debt to Equity ratio of 0.82.
BC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BC currently stands at 3.42%, while the SMA50 is 18.96%. The biggest one is the SMA200, which is currently reading 16.77% ahead of Friday’s trading session. The Relative Strength Index of this stock is 57.78, while its price to earnings ratio (P/E) is 179.71.