Brunswick Corporation [BC] Is Currently 3.33 below its 200 Period Moving Avg: What Dose This Mean?

Brunswick Corporation [NYSE: BC] price surged by 3.33 percent to reach at $2.27. The company report on October 29, 2020 that Brunswick Corp. to Host Earnings Call.

Brunswick Corp. (NYSE:BC) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 29, 2020 at 11:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/68795.

A sum of 1005176 shares traded at recent session while its average daily volume was at 831.81K shares. Brunswick Corporation shares reached a high of $71.71 and dropped to a low of $68.51 until finishing in the latest session at $70.46.

The one-year BC stock forecast points to a potential upside of 11.29. The average equity rating for BC stock is currently 2.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Brunswick Corporation [BC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BC shares is $79.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BC stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Brunswick Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 20, 2020. While these analysts kept the previous recommendation, Citigroup raised their target price to Neutral. The new note on the price target was released on September 15, 2020, representing the official price target for Brunswick Corporation stock. Previously, the target price had yet another raise from $64 to $71, while B. Riley FBR kept a Buy rating on BC stock. On June 02, 2020, analysts increased their price target for BC shares from 57.50 to 64.

The Average True Range (ATR) for Brunswick Corporation is set at 3.13, with the Price to Sales ratio for BC stock in the period of the last 12 months amounting to 1.45. The Price to Book ratio for the last quarter was 4.11, with the Price to Cash per share for the same quarter was set at 6.86. Price to Free Cash Flow for BC in the course of the last twelve months was 22.44 with Quick ratio for the last quarter at 1.00.

BC Stock Performance Analysis:

Brunswick Corporation [BC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.75. With this latest performance, BC shares gained by 8.90% in over the last four-week period, additionally plugging by 40.81% over the last 6 months – not to mention a rise of 16.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BC stock in for the last two-week period is set at 69.15, with the RSI for the last a single of trading hit 76.69, and the three-weeks RSI is set at 64.25 for Brunswick Corporation [BC]. The present Moving Average for the last 50 days of trading for this stock 62.32, while it was recorded at 66.96 for the last single week of trading, and 56.45 for the last 200 days.

Insight into Brunswick Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Brunswick Corporation [BC] shares currently have an operating margin of +11.66 and a Gross Margin at +26.25. Brunswick Corporation’s Net Margin is presently recorded at +0.74.

Return on Total Capital for BC is now 18.08, given the latest momentum, and Return on Invested Capital for the company is 1.17. Return on Equity for this stock inclined to 2.11, with Return on Assets sitting at 0.77. When it comes to the capital structure of this company, Brunswick Corporation [BC] has a Total Debt to Total Equity ratio set at 92.07. Additionally, BC Total Debt to Total Capital is recorded at 47.94, with Total Debt to Total Assets ending up at 33.60. Long-Term Debt to Equity for the company is recorded at 87.49, with the Long-Term Debt to Total Capital now at 45.55.

Reflecting on the efficiency of the workforce at the company, Brunswick Corporation [BC] managed to generate an average of $2,370 per employee. Receivables Turnover for the company is 9.31 with a Total Asset Turnover recorded at a value of 1.05.Brunswick Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.60.

BC Stock EPS

With the latest financial reports released by the company, Brunswick Corporation posted 0.82/share EPS, while the average EPS was predicted by analysts to be reported at 0.75/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Brunswick Corporation go to 15.00%.

Brunswick Corporation [BC] Insider Position Details

There are presently around $5,473 million, or 99.20% of BC stock, in the hands of institutional investors. The top three institutional holders of BC stocks are: VANGUARD GROUP INC with ownership of 7,510,926, which is approximately -4.636% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 6,747,122 shares of the stock with an approximate value of $475.4 million in BC stocks shares; and CANTILLON CAPITAL MANAGEMENT LLC, currently with $289.17 million in BC stock with ownership of nearly -1.28% of the company’s market capitalization.

Positions in Brunswick Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 151 institutional holders increased their position in Brunswick Corporation [NYSE:BC] by around 10,438,444 shares. Additionally, 167 investors decreased positions by around 11,068,948 shares, while 34 investors held positions by with 56,174,228 shares. The mentioned changes placed institutional holdings at 77,681,620 shares, according to the latest SEC report filing. BC stock had 80 new institutional investments in for a total of 5,990,345 shares, while 42 institutional investors sold positions of 1,252,460 shares during the same period.

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