Trust Securities Retains Buy Recommendation on Brunswick (BC)
Fintel reported that on July 14, 2023, Trust Securities maintained Brunswick Press (New York Stock Exchange: BC) with buy recommendation.
Analyst Price Expectations Suggest 24.80% Gains
One-year average as of July 6, 2023 target price 104.70 for Brunswick. Expectations range from lows of $91.91 to highs of $128.10. The average target price is up 24.80% from the last reported closing price of 83.89.
see our corporate leaderboard The target price has the most upside potential.
Brunswick’s expected annual revenue is 7,300 million, up 6.41%.Non-GAAP Annual Forecast EPS is 10.81.
Brunswick Announces $0.40 Dividend
On May 3, 2023, the company declared: Quarterly regular dividend $0.40 per share ($1.60 per annum). Shareholders of record as of May 15, 2023 received payment on June 15, 2023. Previously, the company paid $0.40 per share.
At the current stock price of $83.89/share, the dividend yield is 1.91%.
Looking back over the past five years and taking a weekly sample, the average dividend yield has been 1.65%, with a low of 1.01% and a high of 3.56%. The standard deviation of yield is 0.36 (n=236).
The current dividend yield is 0.71 standard deviations above its historical average.
The company’s dividend payout ratio is 0.18x. The payout ratio indicates how much of a company’s profits are paid out as dividends. A dividend payout ratio of 1 (1.0) means that 100% of the company’s profits are paid out in dividends. A payout ratio greater than 1 means that companies are using their savings to maintain their dividends, which is not healthy. Companies with little growth prospects are expected to pay most of their profits in dividends, which usually means a dividend payout ratio of 0.5 to 1.0. Companies with good growth prospects are expected to retain a portion of their earnings to invest in that growth prospect, which translates to a dividend payout ratio of 0-0.5x.
The company’s three-year dividend growth rate is 0.67%, indicating that it has increased its dividend over time.
What is Fund Sentiment?
there is 900 funds or institutions reporting positions at Brunswick. That’s an increase of 22 owners or 2.51% over the last quarter.Portfolio average weight out of all funds BC Dedicated was 0.28%, an increase of 11.87%. Total shares held by institutional investors fell by 1.10% to 77,617,000 shares over the past three months. of put/call ratio has a BC of 1.93, indicating a bearish outlook.
What are other shareholders doing?
Cantillon Capital Management holds 4,146,000 shares representing a 5.86% ownership interest in the company. Earlier filings reported that the company owned 4,213,000 shares. Decrease 1.62%.office increased Portfolio allocations in British Columbia increased 7.65% sequentially.
Massachusetts Financial Services holds 3,430,000 shares representing a 4.85% ownership interest in the company. Previous filings reported that the company owned 3,540,000 shares. Decrease 3.21%.office increased Portfolio allocations in British Columbia increased by 8.07% quarter-on-quarter.
IJH – iShares Core S&P MidCap ETF owns 2,237,000 shares, representing 3.16% of the company. Earlier filings reported that the company owned 2,239,000 shares. Decrease 0.10%.office increased Portfolio allocations in British Columbia increased 8.77% sequentially.
VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks holds 2,201,000 shares representing a 3.11% ownership interest in the company. Earlier filings reported that the company owned 2,201,000 shares. Decrease 0.00%.office increased Portfolio allocations in British Columbia increased 5.04% sequentially.
Kenshiko Capital Management owns 2,105,000 shares representing a 2.98% ownership interest in the company. Previous filings reported that the company owned 2,164,000 shares. Decrease 2.78%.office increased Portfolio allocations in British Columbia increased 3.35% sequentially.
Brunswick Background Information
(This description was provided by us.)
Headquartered in Mettawa, Illinois, Brunswick Corporation’s leading consumer brands include Mercury Marine outboard motors. Mercury MerCruiser sterndrive and inboard packages. Mercury’s global parts and accessories including propellers and his SmartCraft electronics. Power Products Integrated Solution. MotorGuide Trolling Motors; Marine Parts for Atwood, Garelick and Whale. Sale of marine components for Land ‘N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar. Mercury and Quicksilver parts and oils. Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Hayday, Low, Land, Princecraft, Quiksilver, Rayglass, Sea Ray, Thunder Jet, Atern Boat. Boat Service Network, Freedom Boat Club, NAUTIC-ON, Onboard Boat Club, Rentals.
Additional resources:
This story was originally Fintel.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
Summarize this content to 100 words
Fintel reported that on July 14, 2023, Trust Securities maintained Brunswick Press (New York Stock Exchange: BC) with buy recommendation. Analyst Price Expectations Suggest 24.80% Gains One-year average as of July 6, 2023 target price 104.70 for Brunswick. Expectations range from lows of $91.91 to highs of $128.10. The average target price is up 24.80% from the last reported closing price of 83.89.
see our corporate leaderboard The target price has the most upside potential. Brunswick’s expected annual revenue is 7,300 million, up 6.41%.Non-GAAP Annual Forecast EPS is 10.81. Brunswick Announces $0.40 Dividend On May 3, 2023, the company declared: Quarterly regular dividend $0.40 per share ($1.60 per annum). Shareholders of record as of May 15, 2023 received payment on June 15, 2023. Previously, the company paid $0.40 per share. At the current stock price of $83.89/share, the dividend yield is 1.91%. Looking back over the past five years and taking a weekly sample, the average dividend yield has been 1.65%, with a low of 1.01% and a high of 3.56%. The standard deviation of yield is 0.36 (n=236).
The current dividend yield is 0.71 standard deviations above its historical average. The company’s dividend payout ratio is 0.18x. The payout ratio indicates how much of a company’s profits are paid out as dividends. A dividend payout ratio of 1 (1.0) means that 100% of the company’s profits are paid out in dividends. A payout ratio greater than 1 means that companies are using their savings to maintain their dividends, which is not healthy. Companies with little growth prospects are expected to pay most of their profits in dividends, which usually means a dividend payout ratio of 0.5 to 1.0. Companies with good growth prospects are expected to retain a portion of their earnings to invest in that growth prospect, which translates to a dividend payout ratio of 0-0.5x. The company’s three-year dividend growth rate is 0.67%, indicating that it has increased its dividend over time. What is Fund Sentiment? there is 900 funds or institutions reporting positions at Brunswick. That’s an increase of 22 owners or 2.51% over the last quarter.Portfolio average weight out of all funds BC Dedicated was 0.28%, an increase of 11.87%. Total shares held by institutional investors fell by 1.10% to 77,617,000 shares over the past three months. of put/call ratio has a BC of 1.93, indicating a bearish outlook. What are other shareholders doing? Cantillon Capital Management holds 4,146,000 shares representing a 5.86% ownership interest in the company. Earlier filings reported that the company owned 4,213,000 shares. Decrease 1.62%.office increased Portfolio allocations in British Columbia increased 7.65% sequentially.
Massachusetts Financial Services holds 3,430,000 shares representing a 4.85% ownership interest in the company. Previous filings reported that the company owned 3,540,000 shares. Decrease 3.21%.office increased Portfolio allocations in British Columbia increased by 8.07% quarter-on-quarter. IJH – iShares Core S&P MidCap ETF owns 2,237,000 shares, representing 3.16% of the company. Earlier filings reported that the company owned 2,239,000 shares. Decrease 0.10%.office increased Portfolio allocations in British Columbia increased 8.77% sequentially. VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks holds 2,201,000 shares representing a 3.11% ownership interest in the company. Earlier filings reported that the company owned 2,201,000 shares. Decrease 0.00%.office increased Portfolio allocations in British Columbia increased 5.04% sequentially. Kenshiko Capital Management owns 2,105,000 shares representing a 2.98% ownership interest in the company. Previous filings reported that the company owned 2,164,000 shares. Decrease 2.78%.office increased Portfolio allocations in British Columbia increased 3.35% sequentially. Brunswick Background Information(This description was provided by us.)
Headquartered in Mettawa, Illinois, Brunswick Corporation’s leading consumer brands include Mercury Marine outboard motors. Mercury MerCruiser sterndrive and inboard packages. Mercury’s global parts and accessories including propellers and his SmartCraft electronics. Power Products Integrated Solution. MotorGuide Trolling Motors; Marine Parts for Atwood, Garelick and Whale. Sale of marine components for Land ‘N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar. Mercury and Quicksilver parts and oils. Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Hayday, Low, Land, Princecraft, Quiksilver, Rayglass, Sea Ray, Thunder Jet, Atern Boat. Boat Service Network, Freedom Boat Club, NAUTIC-ON, Onboard Boat Club, Rentals.
Additional resources: This story was originally Fintel.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/truist-securities-maintains-brunswick-bc-buy-recommendation Trust Securities Retains Buy Recommendation on Brunswick (BC)