BC - Brunswick Corporation
| Previous Close | 45.54 |
| Open | 45.62 |
| Bid | 42.51 x 800 |
| Ask | 43.97 x 800 |
| Day's Range | 43.19 - 45.62 |
| 52 Week Range | 41.92 - 69.82 |
| Volume | 1,691,540 |
| Avg. Volume | 983,128 |
| Market Cap | 3.769B |
| Beta (3Y Monthly) | 1.74 |
| PE Ratio (TTM) | 24.47 |
| EPS (TTM) | 1.77 |
| Earnings Date | Jul 24, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | 0.84 (1.64%) |
| Ex-Dividend Date | 2019-05-20 |
| 1y Target Est | 65.33 |
- GlobeNewswire•5 days ago
Brunswick Completes Acquisition of Freedom Boat Club
METTAWA, Ill., May 21, 2019 -- Brunswick Corporation (NYSE: BC) today announced it has completed its previously announced acquisition of Freedom Boat Club (FBC). Terms of the.
- Markit•5 days ago
See what the IHS Markit Score report has to say about Brunswick Corp.
Brunswick Corp NYSE:BCView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for BC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.37 billion over the last one-month into ETFs that hold BC are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. BC credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- GlobeNewswire•9 days ago
Brunswick to Acquire Freedom Boat Club; Will Establish Leading Position in Boat Club Segment
Freedom Boat Club, founded in 1989, is the largest boat club operator and the premier marine franchisor in the nation. FBC and its franchisees service over 20,000 members, providing them with access to a fleet of nearly 2,200 boats at approximately 170 company-owned or franchised locations across 30 states, Canada and Europe. “As the leader in the boat club segment, Freedom offers both immediate scale and an established marketplace presence and expertise,” said Brunswick Chief Executive Officer David M. Foulkes. “FBC’s profitable and cycle-resistant business model is an excellent fit within our marine portfolio.
- GlobeNewswire•11 days ago
Langlais Named President - Sea Ray Boats
METTAWA, Ill., May 15, 2019 -- -- The Brunswick Boat Group, a unit of Brunswick Corporation (NYSE: BC), today announced that Steve Langlais has been named President - Sea Ray.
- Financial Times•13 days ago
Roland Rudd approaches WPP about Finsbury buyout
Roland Rudd has approached WPP about a possible management buyout of Finsbury, the corporate communications firm he founded, said people familiar with the matter. Mr Rudd, whose firm competes against rival Brunswick to represent FTSE 100 companies and multinational businesses, has held discussions in recent weeks with Finsbury partners and with directors at WPP about how such a deal may work, said three people with knowledge of the matter. One person close to the talks said the business would be valued at more than £100m and that Mr Rudd and his partners would need to raise a large proportion of outside capital to finance a buyout from WPP.
- MarketWatch•18 days ago
Brunswick's to launch new $450 million stock repurchase program
Brunswick Corp. said Wednesday it has approved a new $450 million stock repurchase program, following the recent completion of the $300 million program approved in February 2016. Based on current share prices--the stock was down 0.2% at $51.16 in morning trade--the new program would represent about 8.8 million shares, or about 10.1% of the 87.1 million total shares outstanding, as of April 29. Separately, the company said it would pay its regular quarterly dividend of 21 cents a share on June 14 to shareholders of record on May 21. Earlier this week, the outboard engines maker announced the sale of its Life Fitness fitness equipment company to KPS Capital Partners for about $490 million in cash. On Wednesday, Chief Executive David Foulkes said the proceeds from the sale, expected to be $455 million to $465 million, will be used for share repurchases, as well as for merges and acquisitions and debt repayments. The stock has gained 10% year to date, while the S&P 500 has advanced 15%.
- GlobeNewswire•18 days ago
Brunswick Corporation Approves New Share Repurchase Authorization; Declares Regular Quarterly Dividend
Brunswick Corporation (BC) today announced that its board of directors has approved a new share repurchase authorization of $450 million and declared a regular quarterly dividend. A regular quarterly dividend on Brunswick common stock of $0.21 per share will be payable on June 14, 2019, to shareholders of record on May 21, 2019. In a separate action, the board of directors approved a new share repurchase authorization of $450 million. The $34.8 million of remaining availability under the previous $300 million authorization approved in February 2016 has been fully utilized, due to recent repurchase activity.
- Thomson Reuters StreetEvents•19 days ago
Edited Transcript of BC earnings conference call or presentation 25-Apr-19 3:00pm GMT
Q1 2019 Brunswick Corp Earnings Call
- American City Business Journals•20 days ago
Brunswick selling its fitness business for $490 million
The Illinois boat and marine engine company is selling its fitness division to KPS Capital Partners of New York for $490 million in cash.
- PR Newswire•20 days ago
Life Fitness to be Acquired by KPS Capital Partners
ROSEMONT, Ill. , May 6, 2019 /PRNewswire/ -- Life Fitness, the global leader in commercial fitness equipment, announced today that its parent company, Brunswick Corporation (NYSE: BC), has entered into ...
- GlobeNewswire•20 days ago
Brunswick Announces Sale of Fitness Business
Following completion of the sale, Brunswick will be comprised solely of its global marine portfolio, which includes market-leading positions in propulsion, parts and accessories, boats and services. The signing of this agreement is the culmination of a thorough process led by Brunswick directors Dave Everitt and Dave Singer that was designed to best position the Fitness business for the future and maximize value for Brunswick shareholders, according to Foulkes.
- PR Newswire•20 days ago
KPS Capital Partners To Acquire Brunswick Corporation's Fitness Business, Including Life Fitness Brand
NEW YORK, May 6, 2019 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire the fitness business of Brunswick Corporation, including the Life Fitness brand ("Life Fitness" or the "Company"), for approximately $490 million in cash. Life Fitness is the global leader in commercial fitness equipment and game tables.
- Moody's•25 days ago
Brunswick Corporation -- Moody's announces completion of a periodic review of ratings of Brunswick Corporation
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Brunswick Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- PR Newswire•25 days ago
Life Fitness Launches Innovative Digital Out-of-Home Advertising Platform
ROSEMONT, Ill., May 1, 2019 /PRNewswire/ -- Life Fitness, the global leader in commercial fitness equipment, announced today the launch of Life Fitness Media, its first venture in creating an innovative digital advertising platform. This new offering will leverage its large installed base of cardio equipment to effectively deliver unique forms of content to the thousands of fitness- and wellness-minded consumers that workout on Life Fitness equipment every day. While marketers and advertisers are seeking new channels to reach consumers, Life Fitness Media opens up a new engagement opportunity for brands to leverage prime real estate on Life Fitness' premium cardio equipment tablet screens to deliver diverse and appealing content to consumers at a time when they may be less distracted.
Motley Fool•last monthBrunswick (BC) Q1 2019 Earnings Call Transcript
BC earnings call for the period ending March 31, 2019.
- Motley Fool•last month
Why Shares of Brunswick Fell 10.98% on Thursday
A warning from a major U.S. boat retailer caused investors to take a glass-half-empty approach to the recreation product manufacturer's quarter.
- Insider Monkey•last month
Here’s What Hedge Funds Think About Brunswick Corporation (BC)
A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]
- ACCESSWIRE•last month
Brunswick Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / April 25, 2019 / Brunswick Corporation (NYSE: BC ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 25, 2019 at 11:00 AM Eastern ...
- Associated Press•last month
Brunswick: 1Q Earnings Snapshot
On a per-share basis, the Mettawa, Illinois-based company said it had a loss of 42 cents. Earnings, adjusted for one-time gains and costs, came to 99 cents per share. The results matched Wall Street expectations. ...
- GlobeNewswire•last month
Brunswick Releases First Quarter 2019 Earnings
Mettawa, Ill, April 25, 2019 -- – Brunswick Corporation (NYSE: BC) today has released its first quarter 2019 financial results. A complete and full-text financial results.
- GlobeNewswire•last month
Crestliner Awards Second Annual ‘Angling Aces’ Recipients
Crestliner Boats is proud to award scholarships as part of its Angling Aces Student Program. The program, which launched in March, 2018, awarded four individual scholarships and eight team scholarships last year. “One of the main components of the Angling Aces program is supporting young anglers, both single students pursuing professional angling, and the teams that are just learning the craft,” said Lori Kneeland, Crestliner Director of Marketing.
- Zacks•last month
Analysts Estimate Brunswick (BC) to Report a Decline in Earnings: What to Look Out for
Brunswick (BC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
