Brunswick Corp (NYSE:BC) shares, rose in value on Friday, March 07, with the stock price up by 0.63% to the previous day’s close as strong demand from buyers drove the stock to $59.12.
Actively observing the price movement in the last trading, the stock closed the session at $58.75. The PE ratio was 31.10 over 12-month period. Referring to stock’s 52-week performance, its high was $96.65, and the low was $55.40. On the whole, BC has fluctuated by -11.19% over the past month.
With the market capitalization of Brunswick Corp currently standing at about $3.89 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.69, with its dividend yield at 2.86%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.32B, with a low estimate of 1.1B and a high estimate of 1.2B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.14B.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.83, with the price of BC currently trading nearly -5.30% and -8.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.80, while the 7-day volatility ratio is showing 4.33% which for the 30-day chart, stands at 3.34%. Furthermore, Brunswick Corp (BC)’s beta value is 1.40, and its average true range (ATR) is 2.27.
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 0.63% in last session, and over the past year, it shrunk by -33.60%%.
Data on historical trading for Brunswick Corp (NYSE:BC) indicates that the trading volumes over the past 3 months, they’ve averaged 763.64K. According to company’s latest data on outstanding shares, there are 65.99 million shares outstanding.
Nearly 2.23% of Brunswick Corp’s shares belong to company insiders and institutional investors own 102.15% of the company’s shares. The stock has fallen by -8.60% 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.
