Brunswick Corp. (NYSE:BC) shares, rose in value, with the stock price up by 1.35% to the previous day’s close as strong demand from buyers drove the stock to $81.08.
Actively observing the price movement in the last trading, the stock closed the session at $80.00. The value of beta (5-year monthly) was 1.57 whereas the PE ratio was 15.08 over 12-month period. Referring to stock’s 52-week performance, its high was $99.68, and the low was $66.47. On the whole, BC has fluctuated by -15.29% over the past month.
With the market capitalization of Brunswick Corp. currently standing at about $5.51 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 25, 2024. The company’s Forward Dividend Ratio is 1.62, with its dividend yield at 2.00%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.03B, with a low estimate of 1.49B and a high estimate of 1.68B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.59B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.01, with the price of BC currently trading nearly -8.77% and -8.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.68, while the 7-day volatility ratio is showing 3.07% which for the 30-day chart, stands at 2.33%. Furthermore, Brunswick Corp. (BC)’s beta value is 1.60, and its average true range (ATR) is 2.44.
A comparison of Brunswick Corp. (BC) with its peers suggests the former has fared considerably weaker in the market. BC showed an intraday change of 1.35% in last session, and over the past year, it shrunk by -2.41%%.
Data on historical trading for Brunswick Corp. (NYSE:BC) indicates that the trading volumes over the past 3 months, they’ve averaged 785.67K. According to company’s latest data on outstanding shares, there are 68.23 million shares outstanding.
Nearly 1.31% of Brunswick Corp.’s shares belong to company insiders and institutional investors own 101.06% of the company’s shares. The stock has fallen by -16.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BC stock heading into the next quarter.
