$1.00 EPS Expected for Brunswick Corporation (BC)

October 12, 2017 - By Maria Brooks

 $1.00 EPS Expected for Brunswick Corporation (BC)
Investors sentiment increased to 1.3 in 2017 Q2. Its up 0.21, from 1.09 in 2017Q1. It is positive, as 23 investors sold Brunswick Corporation shares while 97 reduced holdings. 55 funds opened positions while 101 raised stakes. 81.84 million shares or 2.76% less from 84.16 million shares in 2017Q1 were reported.
Parametric Portfolio Associate Ltd has invested 0.01% in Brunswick Corporation (NYSE:BC). 6,361 were reported by World Asset Mgmt Incorporated. First Manhattan stated it has 62 shares or 0% of all its holdings. New York State Teachers Retirement System owns 154,771 shares. Moreover, Epoch Invest Prtn has 0.13% invested in Brunswick Corporation (NYSE:BC) for 621,063 shares. Guggenheim Cap Lc reported 0% in Brunswick Corporation (NYSE:BC). Colonial Trust Advisors holds 0.32% or 22,424 shares. Barrow Hanley Mewhinney And Strauss Ltd Liability Corporation reported 425 shares. 90,206 are held by Legal And General Group Public Ltd Co. Susquehanna Intll Grp Ltd Liability Partnership holds 0% or 16,827 shares in its portfolio. Hodges Cap holds 1.08% or 291,246 shares. Ferguson Wellman Capital Management Inc accumulated 9,123 shares or 0.02% of the stock. Moreover, Weaver C Barksdale And Assocs Inc has 0.03% invested in Brunswick Corporation (NYSE:BC). Td Asset Mngmt Inc invested 0.01% of its portfolio in Brunswick Corporation (NYSE:BC). Fdx Advsrs accumulated 3,355 shares.

Since May 11, 2017, it had 0 insider buys, and 3 insider sales for $910,460 activity. Pfeifer John C had sold 2,346 shares worth $136,682 on Thursday, May 11.

Analysts await Brunswick Corporation (NYSE:BC) to report earnings on October, 26. They expect $1.00 earnings per share, up 9.89 % or $0.09 from last year’s $0.91 per share. BC’s profit will be $89.80 million for 14.51 P/E if the $1.00 EPS becomes a reality. After $1.35 actual earnings per share reported by Brunswick Corporation for the previous quarter, Wall Street now forecasts -25.93 % negative EPS growth. About 111,592 shares traded. Brunswick Corporation (NYSE:BC) has risen 21.90% since October 12, 2016 and is uptrending. It has outperformed by 5.20% the S&P500.

Brunswick Corporation (NYSE:BC) Ratings Coverage

Among 14 analysts covering Brunswick (NYSE:BC), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Brunswick had 31 analyst reports since September 4, 2015 according to SRatingsIntel. The company was maintained on Friday, October 30 by BMO Capital Markets. The company was maintained on Friday, July 14 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets on Friday, January 22 with “Outperform”. The firm has “Buy” rating given on Thursday, December 22 by CL King. The firm has “Outperform” rating by BMO Capital Markets given on Friday, July 28. The rating was maintained by RBC Capital Markets on Friday, January 15 with “Outperform”. As per Friday, January 27, the company rating was maintained by RBC Capital Markets. On Sunday, July 30 the stock rating was maintained by Forward View Consulting with “Hold”. As per Wednesday, December 16, the company rating was initiated by JP Morgan. RBC Capital Markets maintained it with “Outperform” rating and $54 target in Friday, April 29 report.

Brunswick Corporation is a designer, maker and marketer of recreation products. The company has market cap of $5.21 billion. The Firm operates through three divisions: Marine Engine, Boat and Fitness. It has a 18.39 P/E ratio. The Company’s product includes marine engines, boats, fitness equipment and active recreation products.

More notable recent Brunswick Corporation (NYSE:BC) news were published by: Nasdaq.com which released: “Brunswick Corporation Selects Mitratech’s TeamConnect” on October 12, 2017, also Globenewswire.com with their article: “Brunswick Corporation : Crestliner Partners with MarineTech on New Power …” published on September 21, 2017, Globenewswire.com published: “Brunswick Corporation : Brunswick Schedules Third Quarter Earnings and …” on October 05, 2017. More interesting news about Brunswick Corporation (NYSE:BC) were released by: Globenewswire.com and their article: “Brunswick Corporation : Brunswick and Mercury Marine to Aid Humanitarian …” published on September 28, 2017 as well as Globenewswire.com‘s news article titled: “Brunswick Corporation : Brunswick Awards Scholarships to the Children of …” with publication date: September 27, 2017.

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