Brunswick Corporation (NYSE: BC) is a key player in the leisure and recreation products industry. The company is known for its diverse range of products, including marine engines, boats, and fitness equipment. Despite its strong market presence, Brunswick faces competition from other industry giants like Yamaha and Johnson Outdoors.
On October 24, 2024, Brunswick reported earnings per share (EPS) of $0.66, missing the estimated $1.18. This represents a significant decline from the $1.17 EPS reported for the third quarter of 2024, which itself was a drop from $2.42 in the same quarter last year. The EPS miss resulted in a negative surprise of 0.85%, highlighting the company's struggle to meet market expectations.
Brunswick's revenue for the quarter was $1.27 billion, slightly below the estimated $1.29 billion. This revenue figure marks a 20.1% year-over-year decline from the $1.59 billion reported in the same period last year. Despite this decline, the revenue matched the Zacks Consensus Estimate, resulting in a slight positive surprise of 0.36%.
The company's financial metrics provide further insight into its performance. Brunswick has a price-to-earnings (P/E) ratio of 19.96, indicating the price investors are willing to pay for each dollar of earnings. Its price-to-sales ratio is about 0.97, suggesting that the market values its sales at nearly the same level as its market capitalization.
Brunswick maintains a low debt-to-equity ratio of 0.033, indicating financial stability. The company also has a strong current ratio of approximately 3.96, suggesting it has ample liquidity to cover its short-term liabilities. Despite these strengths, Brunswick has consistently failed to exceed consensus EPS estimates over the past four quarters, reflecting ongoing challenges in meeting investor expectations.
Symbol | Price | %chg |
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VKTR.JK | 86 | -3.49 |
603129.SS | 216.5 | 0.24 |
603766.SS | 12.76 | 0 |
000040.KS | 407 | -0.49 |
Brunswick Corporation (NYSE:BC) delivered a strong first-quarter performance, outperforming expectations on both earnings and revenue as demand for its marine products and accessories remained solid.
The company posted adjusted earnings of $0.56 per share, more than doubling the analyst forecast of $0.24. Revenue rose 8% year-over-year to $1.22 billion, topping the $1.13 billion estimate. The growth was fueled by steady consumer interest across its marine offerings and ongoing strength in its parts and accessories segment.
As the boating industry navigates a shifting economic landscape, Brunswick’s continued ability to drive growth and manage volatility will be key to maintaining investor confidence throughout the year.
Brunswick Corporation (NYSE:BC) delivered a strong first-quarter performance, outperforming expectations on both earnings and revenue as demand for its marine products and accessories remained solid.
The company posted adjusted earnings of $0.56 per share, more than doubling the analyst forecast of $0.24. Revenue rose 8% year-over-year to $1.22 billion, topping the $1.13 billion estimate. The growth was fueled by steady consumer interest across its marine offerings and ongoing strength in its parts and accessories segment.
As the boating industry navigates a shifting economic landscape, Brunswick’s continued ability to drive growth and manage volatility will be key to maintaining investor confidence throughout the year.
Brunswick Corporation (NYSE:BC) is a leading company in the marine industry, known for its innovative products and services. The company designs, manufactures, and markets a wide range of recreational marine products, including boats, engines, and marine parts. Brunswick competes with other major players in the industry, such as Yamaha and Mercury Marine, making it a significant entity in the market.
Over the past month, BC has shown a modest gain of 1.24%, reflecting its resilience in the market. Despite a recent decline of 2.61% in the last 10 days, this dip could be a strategic entry point for investors. The stock's approach to a local minimum suggests potential for a rebound, offering a buying opportunity for those looking to capitalize on short-term fluctuations.
BC's growth potential is impressive, with a projected stock price increase of 35.10%. This substantial upside potential makes BC an attractive choice for growth-oriented investors. The company's ability to innovate and expand its product offerings contributes to this optimistic outlook, positioning it well for future success in the competitive marine industry.
The Piotroski Score of 8 for BC highlights its strong financial health. This score, which evaluates a company's financial strength, indicates that BC is fundamentally sound. A high Piotroski Score suggests that BC is well-managed and capable of sustaining growth, providing investors with confidence in its long-term prospects.
Analysts have set a target price of $90 for BC, underscoring their confidence in the stock's future performance. This target price reflects a positive market sentiment and suggests that BC has the potential to reach new heights. Investors seeking a stock with a solid balance of current performance and future growth should consider BC as a valuable addition to their portfolio.
Brunswick Corporation (NYSE:BC) is a leading company in the marine industry, known for its innovative products and services. The company designs, manufactures, and markets a wide range of recreational marine products, including boats, engines, and marine parts. Brunswick competes with other major players in the industry, such as Yamaha and Mercury Marine, making it a significant entity in the market.
Over the past month, BC has shown a modest gain of 1.24%, reflecting its resilience in the market. Despite a recent decline of 2.61% in the last 10 days, this dip could be a strategic entry point for investors. The stock's approach to a local minimum suggests potential for a rebound, offering a buying opportunity for those looking to capitalize on short-term fluctuations.
BC's growth potential is impressive, with a projected stock price increase of 35.10%. This substantial upside potential makes BC an attractive choice for growth-oriented investors. The company's ability to innovate and expand its product offerings contributes to this optimistic outlook, positioning it well for future success in the competitive marine industry.
The Piotroski Score of 8 for BC highlights its strong financial health. This score, which evaluates a company's financial strength, indicates that BC is fundamentally sound. A high Piotroski Score suggests that BC is well-managed and capable of sustaining growth, providing investors with confidence in its long-term prospects.
Analysts have set a target price of $90 for BC, underscoring their confidence in the stock's future performance. This target price reflects a positive market sentiment and suggests that BC has the potential to reach new heights. Investors seeking a stock with a solid balance of current performance and future growth should consider BC as a valuable addition to their portfolio.
Brunswick Corporation (NYSE:BC), a leading name in the Leisure and Recreation Products industry, offers a wide array of products, including boats and propulsion systems. Currently, the company is facing tough market conditions, leading to a hold rating due to a slow recovery in demand, which is affecting its financial outcomes.
On November 1, 2024, Nancy E. Cooper, a director at Brunswick, sold 366 shares of the company's common stock at $80.19 each, leaving her with 24,557 shares. This sale occurred amidst scrutiny of Brunswick's financial results. The company's third-quarter earnings for 2024 were disappointing, with earnings per share (EPS) of $1.17, just below the Zacks Consensus Estimate of $1.18 and a significant decrease from the $2.42 per share reported in the same quarter the previous year.
Brunswick's revenue for the quarter ended September 2024 was $1.27 billion, slightly exceeding the Zacks Consensus Estimate by 0.36%. However, this represents a decrease from the $1.59 billion reported in the same quarter the previous year. The company has surpassed consensus revenue estimates only once in the last four quarters, underscoring ongoing challenges in its core segments, especially boats and propulsion.
Despite these challenges, Brunswick maintains a price-to-earnings (P/E) ratio of approximately 19.70, indicating the price investors are willing to pay for each dollar of earnings. The company's price-to-sales ratio is about 0.98, suggesting that the stock is valued at less than one times its sales. These metrics reflect the market's cautious optimism about Brunswick's future performance.
Brunswick's financial health is further illustrated by its debt-to-equity ratio of approximately 1.26, indicating a balanced approach to financing its assets. The current ratio of about 1.97 suggests that the company has nearly twice as many current assets as current liabilities, a sign of good short-term financial health. However, the market's expectation of a recovery that may not materialize poses potential downside risks for the company.
Brunswick Corporation (NYSE:BC), a leading name in the Leisure and Recreation Products industry, offers a wide array of products, including boats and propulsion systems. Currently, the company is facing tough market conditions, leading to a hold rating due to a slow recovery in demand, which is affecting its financial outcomes.
On November 1, 2024, Nancy E. Cooper, a director at Brunswick, sold 366 shares of the company's common stock at $80.19 each, leaving her with 24,557 shares. This sale occurred amidst scrutiny of Brunswick's financial results. The company's third-quarter earnings for 2024 were disappointing, with earnings per share (EPS) of $1.17, just below the Zacks Consensus Estimate of $1.18 and a significant decrease from the $2.42 per share reported in the same quarter the previous year.
Brunswick's revenue for the quarter ended September 2024 was $1.27 billion, slightly exceeding the Zacks Consensus Estimate by 0.36%. However, this represents a decrease from the $1.59 billion reported in the same quarter the previous year. The company has surpassed consensus revenue estimates only once in the last four quarters, underscoring ongoing challenges in its core segments, especially boats and propulsion.
Despite these challenges, Brunswick maintains a price-to-earnings (P/E) ratio of approximately 19.70, indicating the price investors are willing to pay for each dollar of earnings. The company's price-to-sales ratio is about 0.98, suggesting that the stock is valued at less than one times its sales. These metrics reflect the market's cautious optimism about Brunswick's future performance.
Brunswick's financial health is further illustrated by its debt-to-equity ratio of approximately 1.26, indicating a balanced approach to financing its assets. The current ratio of about 1.97 suggests that the company has nearly twice as many current assets as current liabilities, a sign of good short-term financial health. However, the market's expectation of a recovery that may not materialize poses potential downside risks for the company.