The Stock Market's Bc Mystery: Unveiling The Price Trends

Brunswick Corporation (BC) is a recreational marine product designer, manufacturer, and marketer. It operates through four segments: Propulsion, Parts and Accessories, Boat, and Corporate/Other. The company's stock price has experienced fluctuations, with a 52-week high of $99.59 and a 52-week low of $63.94. On May 24, 2024, the closing price of Brunswick Corp. shares was $79.20, a drop of 0.32% from the opening price. The company's market capitalization is $5.48 billion, and it has a consensus rating of buy from analysts.

Brunswick Corp's market capitalization is $5.48 billion

Brunswick Corporation (NYSE: BC) is a publicly traded company dealing in recreational marine products, including marine engines, boats, and parts and accessories. It was founded in 1845 and is headquartered in Mettawa, Illinois. As of April 2024, Brunswick Corporation has a market capitalisation of $5.48 billion, making it the 2461st most valuable company in the world by market cap.

Market capitalisation, commonly referred to as market cap, is calculated by multiplying a company's share price by its number of shares outstanding. In the case of Brunswick Corporation, the company's market cap of $5.48 billion is derived from a share price of $79.20 and 67.57 million shares outstanding as of 24 May 2024.

Brunswick Corporation's market cap places it among the smaller capitalisation companies, which tend to be more volatile and carry more risk for shareholders than large-cap companies. As of February 2024, Brunswick Corporation had a 52-week range of $66.47 to $99.68, with an average volume of 772,720. The company's market cap has fluctuated over time, with a recent high of $5.50 billion in April 2024.

Brunswick Corporation operates through several segments, including Propulsion, Parts and Accessories, Boat, and Corporate/Other. The Propulsion segment manufactures outboard, sterndrive, and inboard engines, as well as related controls, propellers, and rigging parts. The Parts and Accessories segment supplies engine parts, oils, lubricants, electrical products, and boat parts. The Boat segment designs and manufactures a range of boats, including sport boats, cruisers, wake boats, and fishing boats. The Corporate/Other segment covers administrative costs, technology investments, and business development expenses.

Brunswick's stock price target was raised to $85 from $79

Brunswick Corporation (NYSE: BC) is a designer, manufacturer, and marketer of recreational marine products, including marine engines, boats, and parts and accessories for those products. Brunswick's stock price target was raised to $85 from $79 by J.P. Morgan in November 2020. This price target raise came after Brunswick announced that it was raising its quarterly dividend by 12.5%, to 27 cents a share from 24 cents. The stock price target raise and dividend boost reflect J.P. Morgan's positive outlook on Brunswick's performance and prospects.

Brunswick's stock price has experienced volatility in recent years, with a 52-week range of $66.47 to $99.68 as of February 2024. The stock is currently trading at around $80, with a market capitalization of $5.48 billion. Brunswick has a P/E ratio of 8.93 and a beta value of 1.53. The company's return on equity was 37.56%, and its net margin was 9.94% as of the third quarter of 2023.

Brunswick has received a consensus rating of "buy" from analysts, with a median price target of $95.41, a high estimate of $115, and a low estimate of $77. The company's strong financial performance and growth prospects have led to a positive outlook from analysts.

Brunswick's share price dropped 0.32% on 24/05/2024

Brunswick Corporation (NYSE: BC) designs, manufactures, and markets recreational marine products, including marine engines, boats, and parts and accessories. It operates through four segments: Propulsion, Engine P&A, Boat, and Novico Group.

On Friday, May 24, 2024, Brunswick Corp.'s share price dropped by 0.32%. The closing price of the Brunswick Corp. share was $79.20, compared to an opening price of $79.45. The company's market capitalization is $5.48 billion, with 67.57 million shares outstanding.

Brunswick Corp.'s share price has experienced a decline since the beginning of 2024, with a 52-week high of $99.59 and a 52-week low of $63.94. The stock has received a consensus rating of "buy" from analysts, with 21 buy ratings, 8 hold ratings, and 0 sell ratings. The median target price set by analysts is $95.41, with a high estimate of $115 and a low estimate of $77.

The company has a history of stock price fluctuations, with downgrades and upgrades by various investment firms. Brunswick Corporation's first-quarter financial results for 2024 are anticipated to be released before the market opens on April 25, 2024.

Brunswick's stock has a consensus rating of 'buy'

Brunswick Corporation (NYSE: BC) has received a consensus rating of "Moderate Buy" from analysts, according to a report by MarketBeat in April 2024. Out of the eleven ratings firms presently covering the stock, five analysts gave it a hold rating, and six issued a buy rating. The average 12-month price objective among brokers that updated their coverage of the stock over the previous year was $92.08.

A "Moderate Buy" rating means analysts expect the stock to outperform the overall stock market. This is also known as a moderate buy or "accumulate" rating, indicating that a stock is expected to perform slightly better than the market return.

Several brokerages have recently weighed in on Brunswick's stock. In April 2024, BNP Paribas reaffirmed a "neutral" rating and set a price objective of $82.00. In the same month, Stifel Nicolaus lifted their price target from $88.00 to $97.00 and gave the company a "buy" rating. Earlier, in February, B. Riley raised shares of Brunswick from a "neutral" rating to a "buy" rating and raised their price target from $100.00 to $108.00.

Brunswick Corporation designs, manufactures, and markets recreation products, including marine engines, boats, and parts and accessories. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat.

The company's latest earnings report was released on February 1, 2024, with the company reporting $1.45 earnings per share for the quarter, missing analysts’ consensus estimates of $1.66. The company had revenue of $1.36 billion, compared to the consensus estimate of $1.44 billion.

Brunswick's stock price is listed on the NYSE

Brunswick Corporation (BC) is listed on the New York Stock Exchange (NYSE). The company's stock price has seen some fluctuations in recent times. On May 24, 2024, the closing price of Brunswick Corp. shares was $79.20, a drop of 0.32% from the opening price of $79.45. The 52-week high for Brunswick stock was $99.59, while the 52-week low was $63.94.

Brunswick Corp. engages in the design, manufacture, and marketing of recreational marine products, including marine engines, boats, and related parts and accessories. It operates through several segments: Propulsion, Engine P&A, Boat, and Novico Group. The Propulsion segment manufactures a full range of outboard, sterndrive, and inboard engines, as well as related controls, propellers, and rigging parts. The Engine P&A segment produces engine parts, electrical products, boat parts, and engine oils for both marine and non-marine markets. The Boat segment includes brands such as Sea Ray, Bayliner, Boston Whaler, and Lund, offering a range of sport boats, cruisers, and fishing boats. The Navico Group segment provides products and systems for marine, RV, specialty vehicle, and industrial markets, including marine electronics, sensors, control systems, and accessories.

The company was founded by John Brunswick in 1845 and is headquartered in Mettawa, Illinois. Brunswick Corporation has a strong commitment to ESG (Environmental, Social, and Governance) practices and has been recognised as one of 'America's Most Trustworthy Companies' by Newsweek.

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