Brunswick
BC

$75.49

1.45%

Market Cap: $5B

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 6,686 funds

0

Analysts bullish %

of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.52% more ownership

Funds ownership: 99.5% [Q1] → 100.02% (+0.52%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]

6% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 139

7% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 58

1% less funds holding

Funds holding: 388 [Q1] → 384 (-4) [Q2]

25% less capital invested

Capital invested by funds: $6.54B [Q1] → $4.91B (-$1.62B) [Q2]

32% less call options, than puts

Call options by funds: $7.76M | Put options by funds: $11.4M

See Fund Rankings

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$70

7%

downside

Avg. target

$90

20%

upside

High target

$100

32%

upside

11 analyst ratings

9 positive

82%

2 neutral

18%

0 negative

0%

Northcoast Research John Healy 33% 1-year accuracy 1 / 3 met price target	32%upside $100	Buy Upgraded	29 Jul 2024
Roth MKM Scott Stember 74% 1-year accuracy 14 / 19 met price target	21%upside $91	Buy Maintained	29 Jul 2024
Benchmark Michael Albanese 42% 1-year accuracy 8 / 19 met price target	32%upside $100	Buy Reiterated	26 Jul 2024
Jefferies Anna Glaessgen 14% 1-year accuracy 1 / 7 met price target	7%downside $70	Hold Downgraded	26 Jul 2024
Baird Craig Kennison 69% 1-year accuracy 18 / 26 met price target	23%upside $93	Outperform Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about BC published over the past 30 days

Brunswick Corporation Named One of the World's Most Trustworthy Companies by Newsweek for the Second Consecutive Year

METTAWA, Ill., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world's largest recreational marine technology company, today announced the Company has been named to Newsweek's list of the World's Most Trustworthy Companies for the second consecutive year. Brunswick was listed in the Machines and Industrial Equipment category reflecting the Company's commitment to continuously improving employee experiences, driving customer loyalty, and building investor confidence.

Brunswick Corporation Named One of the World's Most Trustworthy Companies by Newsweek for the Second Consecutive Year

Brunswick Corporation Announces Organizational Changes

METTAWA, Ill., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation, (NYSE: BC), the world's leading marine technology company, is announcing the following changes to its organization that are aimed at further broadening the experience of its senior leadership team.

Brunswick Corporation Announces Organizational Changes

Brunswick: No Confidence On Near-Term Performance, Hold

2Q24 results were disappointing, with total sales falling 15% below guidance, driven by Boat and Propulsion segment declines. The weak demand environment expected to persist, with management revising FY24 EPS guidance downward. Uncertainty in near-term performance, with potential for stock to move up if a rate cut ignites demand recovery or down if demand weakness continues.

Brunswick: No Confidence On Near-Term Performance, Hold

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

See News Rankings