Alert: New Earnings Report (7/25/24)-Brunswick Corp (NYSE: BC).

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Brunswick Corp (NYSE: BC) has reported E.P.S. of $1.55 for its second fiscal quarter (ending June 30) versus $1.91 for the same period a year ago — a decline of -19%. This performance was $-0.38 short of the consensus estimate of $1.93. For the latest four quarters through June 30, E.P.S. were $5.21 compared to $7.68 a year ago — a decline of -32%.

Recent Price Action

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On 7/25/24, Brunswick Corp (NYSE: BC) stock enjoyed a very large increase of 7.5%, closing at $79.02. Moreover, trading volume in this advance was exceptionally high at 326% of normal. Relative to the market the stock has been weak over the last nine months and has declined -3.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, BC is expected to continue to be a major Value Builder.

Brunswick has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Brunswick has a neutral Appreciation Score of 52 but a poor Power Rating of 25, and the Negative Value Trend Rating results.

Rating Review

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

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