Alert: New Earnings Report (4/25/24)-Brunswick Corp (NYSE: BC).

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Brunswick Corp (NYSE: BC) has reported E.P.S. of $1.00 for its first fiscal quarter (ending March 31) versus $1.57 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $5.57 compared to $8.40 a year ago.

Recent Price Action

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On 4/25/24, Brunswick Corp (NYSE: BC) stock suffered a large decline of -7.1%, closing at $80.00. Moreover, exceptionally high trading volume at 256% of normal accompanied the decline. The stock has declined -3.4% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

BC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Brunswick has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Brunswick has a neutral Appreciation Score of 46 and a neutral Power Rating of 52, leading to the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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