BGG - Briggs & Stratton Corporation

NYSE - NYSE Delayed Price. Currency in USD
6.34
+0.18 (+2.92%)
At close: 4:02PM EDT

6.34 0.00 (0.00%)
After hours: 4:43PM EDT

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Previous Close6.16
Open6.25
Bid6.00 x 800
Ask6.54 x 900
Day's Range6.25 - 6.45
52 Week Range3.96 - 17.17
Volume519,985
Avg. Volume819,525
Market Cap272.154M
Beta (3Y Monthly)1.90
PE Ratio (TTM)N/A
EPS (TTM)-1.31
Earnings DateOct 31, 2019
Forward Dividend & Yield0.20 (3.32%)
Ex-Dividend Date2019-09-17
1y Target Est5.33
Trade prices are not sourced from all markets
  • Briggs & Stratton Corporation To Announce Fiscal 2020 First Quarter Results
    PR Newswire

    Briggs & Stratton Corporation To Announce Fiscal 2020 First Quarter Results

    MILWAUKEE , Oct. 17, 2019 /PRNewswire/ -- Briggs & Stratton Corporation (NYSE:BGG) will release its fiscal 2020 first quarter financial results before the market opens on Friday, November 1, 2019 . The ...

  • Ferris® Expands Turf Care Family With the New FS5250 Voyager™, a High-Capacity Commercial Spreader Sprayer
    PR Newswire

    Ferris® Expands Turf Care Family With the New FS5250 Voyager™, a High-Capacity Commercial Spreader Sprayer

    FS5250 offers the industry's highest product capacity: 250-pound granular and 80-gallon liquid MILWAUKEE , Oct. 16, 2019 /PRNewswire/ -- Landscape professionals searching for a commercial spreader sprayer ...

  • Snapper® Adds Hedge Trimmer And Chain Saw To Its 48-Volt Max Battery Family
    PR Newswire

    Snapper® Adds Hedge Trimmer And Chain Saw To Its 48-Volt Max Battery Family

    Powered by Briggs & Stratton, the trimmer and chain saw deliver an effortless yard care experience MILWAUKEE , Oct. 16, 2019 /PRNewswire/ -- Homeowners seeking effortless battery-powered outdoor equipment ...

  • Snapper® Unveils Single Stage Snow Blower And Lawn Edger Attachment To The XD 82-Volt MAX Lineup
    PR Newswire

    Snapper® Unveils Single Stage Snow Blower And Lawn Edger Attachment To The XD 82-Volt MAX Lineup

    MILWAUKEE, Oct. 16, 2019 /PRNewswire/ -- Homeowners will be ready to tackle the winter with the new Snapper XD 82-volt MAX1 single stage snow blower. The new battery-powered blower is a convenient, light-weight alternative that can throw snow up to 20-feet.2 Briggs & Stratton Corporation is showcasing the new lithium-ion powered snow blower at GIE+EXPO in Louisville, Kentucky, from October 16th to 18th in booth number 5016. "The new snow blower is hassle-free.

  • Snapper® Adds Ergonomic Features To SPX Tractor And 360Z Zero Turn Mower
    PR Newswire

    Snapper® Adds Ergonomic Features To SPX Tractor And 360Z Zero Turn Mower

    New large caster tires and ergonomic seats increase comfort and productivity MILWAUKEE , Oct. 16, 2019 /PRNewswire/ -- Briggs & Stratton Corporation is delivering smoother rides on the Snapper ® 360Z Zero ...

  • Simplicity® Adds Ergonomic Power Steering And Hydraulic Lift Systems To Select Ride Mowers
    PR Newswire

    Simplicity® Adds Ergonomic Power Steering And Hydraulic Lift Systems To Select Ride Mowers

    Additional upgrades include redesigned instrumentation and premium seat options MILWAUKEE , Oct. 16, 2019 /PRNewswire/ -- Briggs & Stratton Corporation is expanding the Simplicity ® Broadmoor™ tractor ...

  • Ferris® Delivers The Anticipated ISX™ 2200 And ISX 3300 Zero-Turn Mower Equipped With ForeFront™ Suspension System
    PR Newswire

    Ferris® Delivers The Anticipated ISX™ 2200 And ISX 3300 Zero-Turn Mower Equipped With ForeFront™ Suspension System

    Patent-pending ForeFront Suspension System is the new standard in independent suspension technology MILWAUKEE , Oct. 16, 2019 /PRNewswire/ -- Briggs & Stratton Corporation introduces the new Ferris ISX2200 ...

  • Vanguard® Revolutionary Oil Guard™ Innovation Now Available On Hustler® Turf Equipment
    PR Newswire

    Vanguard® Revolutionary Oil Guard™ Innovation Now Available On Hustler® Turf Equipment

    MILWAUKEE, Oct. 16, 2019 /PRNewswire/ -- Briggs & Stratton is excited to announce the expansion of its groundbreaking Vanguard® Oil Guard™ system to Hustler® Turf Equipment. "Vanguard developed Oil Guard to significantly reduce downtime associated with engine oil maintenance — and that's exactly what it does," said Christine Davison, senior marketing manager, commercial power, Briggs & Stratton. "We've seen incredible success with Oil Guard, which has an immediate impact on increasing productivity by decreasing oil maintenance.

  • Billy Goat's Next Gen Debris Loader Series Offers Increased Durability And Longer Life In The New Line-Up
    PR Newswire

    Billy Goat's Next Gen Debris Loader Series Offers Increased Durability And Longer Life In The New Line-Up

    LEE'S SUMMIT, Mo. , Oct. 16, 2019 /PRNewswire/ -- The new Billy Goat ® Next Gen Debris Loaders feature a square 10 gauge steel discharge chute that not only spreads to load, but also has a 63% thicker ...

  • Introducing The Billy Goat® Hydro-Drive Self-Propelled Auger, Designed For Ease Of Operation And Productivity
    PR Newswire

    Introducing The Billy Goat® Hydro-Drive Self-Propelled Auger, Designed For Ease Of Operation And Productivity

    LEE'S SUMMIT, Mo. , Oct. 16, 2019 /PRNewswire/ -- Billy Goat is pleased to introduce the AGR1300H Auger, the only dedicated self-propelled auger on the market in its class. The unit features the highest ...

  • Wisconsin generator manufacturers see growth in California market with preemptive power shutoffs
    American City Business Journals

    Wisconsin generator manufacturers see growth in California market with preemptive power shutoffs

    With the preemptive California power shutoff affecting a reported 800,000 people, Wisconsin generator manufacturers are preparing for increased productivity out west.

  • Briggs & Stratton Introduces Electrification Solutions, New Single-Cylinder Engines At GIE+EXPO
    PR Newswire

    Briggs & Stratton Introduces Electrification Solutions, New Single-Cylinder Engines At GIE+EXPO

    MILWAUKEE , Oct. 8, 2019 /PRNewswire/ -- Briggs & Stratton will introduce its new Vanguard ® Commercial Lithium Ion Battery pack and the Vanguard 400 and 160, the newest engines in its single-cylinder ...

  • Moody's

    Briggs & Stratton Corporation -- Moody's downgrades Briggs & Stratton unsecured notes to Caa1 following secured bank debt financing

    Moody's Investors Service ("Moody's") downgraded the senior unsecured notes of Briggs & Stratton Corporation ("Briggs & Stratton") to Caa1 from B2 following the company's replacement of its former unsecured revolving credit facility with a larger asset-based loan, rendering its debt capitalization now predominately secured and the rated unsecured debt effectively subordinated to the same. Concurrently, Moody's affirmed Briggs & Stratton's B2 corporate family rating ("CFR") and B2-PD probability of default rating.

  • Briggs & Stratton Corporation Announces New Revolving Credit Facility
    PR Newswire

    Briggs & Stratton Corporation Announces New Revolving Credit Facility

    MILWAUKEE, Sept. 27, 2019 /PRNewswire/ -- Briggs & Stratton Corporation (BGG) ("the company") today announced that it has entered into a new revolving credit facility ("facility"), which provides up to $625 million in borrowing capacity subject to a borrowing base. "This new facility gives us added flexibility to fund seasonal borrowing needs and for general corporate purposes as we work to de-lever and strengthen the balance sheet," said Mark Schwertfeger, Senior Vice President and CFO of Briggs & Stratton Corporation. Borrowings under the new facility bear interest at a variable rate based on LIBOR plus a spread dependent on the trailing twelve month consolidated fixed charge coverage ratio as defined by the agreement. The company continues to project that fiscal 2020 consolidated interest expense will be approximately $34 million.

  • Proud Past, Promising Future: Briggs & Stratton Celebrates The Grand Opening Of Its Commercial Products Facility
    PR Newswire

    Proud Past, Promising Future: Briggs & Stratton Celebrates The Grand Opening Of Its Commercial Products Facility

    SHERRILL, N.Y., Sept. 19, 2019 /PRNewswire/ -- Earlier this afternoon, employees and leaders from Briggs & Stratton Corporation joined State, County and City leaders to celebrate the grand opening of the Company's new Commercial Products facility in Sherrill, NY. In 2004, Briggs & Stratton Corporation acquired Ferris Industries – manufacturer of commercial-grade outdoor power equipment - in an effort to diversify its product portfolio and expand its business to serve the growing commercial landscape industry. Since then, the company has seen tremendous growth in its commercial business, necessitating an expansion of its Ferris® facility, previously located in Munnsville, NY.

  • 7 Micro-Cap and Small-Cap Stocks That Insiders Are Buying
    InvestorPlace

    7 Micro-Cap and Small-Cap Stocks That Insiders Are Buying

    Insider buying could be a bullish signal for a stock. When an insider of a company wants to buy or sell their company's stock, they need to inform the U.S. Securities and Exchange Commission. An insider is a person who has access to confidential information about a company. In other words, the important people in a company need to tell the public if they are buying or selling their company's stock.I always like to know what the insiders are doing when I consider making an investment. Even more so, I like to see if they are buying after the price has dropped dramatically. A lack of insider buying could suggest that the selloff was justified, while meaningful buying could be a significant bullish signal. * 7 Stocks to Buy In a Flat Market There are many reasons why an insider of a company may decide to sell. They may need money tuition or to buy a new house. But there is only one reason why an insider would buy their company's stock. They believe it is undervalued and eventually they will make money.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere has been significant buying by the insiders in the following micro-cap and small-cap stocks recently. Ideanomics (IDEX)Ideanomics Inc. (NASDAQ:IDEX) is a fintech company with significant operations in the Chinese electric vehicle market. It is currently trading with a valuation of around $200 million.Like many companies with exposure to China, IDEX has seen the price of its stock decline over the past year. However, it does seem to be coming back. Despite the recent volatility it is up 27% year-to-date. This company seems to have a lot going for it. Many analysts expect the Chinese EV market to expand rapidly over the next few year which would benefit IDEX.Additionally, in the most recent quarter the company reported earnings of 5 cents a share. This is a significant improvement over last year's loss of 12 cents in the same quarter. This could be a signal that Alfred Poor, who became the CEO a year ago, has begun to turn things around.Bruno Zheng Wu is the chairman of the company. He recently acquired a block of stock in a private transaction. The seller was having liquidity concerns due to issues with other investments, so Wu agreed to pay $3 a share for 1.7 million shares. This was a personal investment of over $5 million and could be a significant bullish signal. Briggs & Stratton (BGG)Briggs & Stratton (NYSE:BGG) designs, manufactures and sells gasoline engines and outdoor power equipment. After its recent price drop, the company has a market cap of $187 million. Most analysts would consider this to be a micro-cap stock.BGG stock dropped by almost 50% when it reported earnings which were way short of estimates. The company lost 45 cents a share while estimates called for a 45 cent profit. It traded at a multi-decade low but has since recovered a little.Some of the insiders must think that this selloff was an overreaction and that the stock is a good value at these levels. There has been significant insider buying. * 7 Deeply Discounted Energy Stocks to Buy Frank Jaehnert is a director of BGG. He just bought 40,000 shares at $4.39. This was a $175,600 investment. Vice President of Product Innovation Mike Zeiler just paid $4.25 for 43,000 shares. This was an investment of $180,000. Other insiders have recently purchased the stock as well. Esperion Therapeutics (ESPR)Esperion Therapeutics (NASDAQ:ESPR) operates as a clinical stage bio-pharmaceutical company. The current market cap is about $1 billion.ESPR stock has trended lower since June when it was trading around $52. Now it is around $35.This could be because the company continues to lose money. In early August it reported an earnings loss of $2.01 per share. Analysts were looking for a loss of around $1.85 per share.Tim Mayleben is the president and CEO of the company. He must think that the sellers have over-reacted to the news because he is buying the stock. He just made a substantial investment of $260,000 when he purchased 7,500 shares at an average price $34.55 on Sept. 6.Wall Street agrees with Mayleben that the stock is a good value at current levels. Twelve firms follow Esperion. Nine of them have "buy" ratings on it while there are two "holds" and one "sell." The average target price is around $85, significantly higher than current levels. Forterra (FRTA)Forterra (NASDAQ:FRTA) manufactures and sells pipe and precast products. At current levels the market valuation is around $402 million.FRTA stock has been on a roller coaster ride over the past year. After trading around $9 last August, it lost almost two-thirds of its value when it traded as low as $3.45 in December. Since then it has been very volatile, but it is slowly recovering and currently trading around $6 a share.Karl Watson is the CEO of Forterra. He is betting that this rally will continue. He just paid $5.98 for 20,000 shares. Back on Aug. 9, he made an even larger investment. He put $450,000 into the stock when he bought 65,200 shares at an average price of $6.94. * 7 Best Tech Stocks to Buy Right Now Other insiders have been buyers of the stock as well. Clinton McDonough is a director of Forterra. He recently bought 10,000 shares at $6.84. President of the Water & Pipes Products Divisions Vikrant Bhatia also made a substantial investment when bought 17,175 shares at $6.56 per share in August. Sally Beauty (SBH)Sally Beauty (NYSE:SBH) is an international retailer and distributor of professional beauty supplies. SBH stock's current market cap is around $1.6 billion.SBH has been trending lower since April. Now shares are in the $13 range. Some analysts believe that this is due to shareholders' concern about the trade war and predictions of a recession.This is in spite of the fact that it has solid earnings and at current levels has a very low forward price-to-earnings ratio of 6.John Miller is a director of the company. Apparently he thinks the stock will soon rally because he just made a $500,000 investment. He paid $12.21 for 40,500 shares. Marshall Eisenberg recently paid $11.89 for 10,000 shares. He is also a director of Sally Beauty. Harvest Capital Credit (HCAP)Harvest Capital Credit (NASDAQ:HCAP) is an externally managed closed-end investment company. This is a micro-cap company with a current market value of around $62 million.HCAP has been trending lower since reporting earnings and revenue that each fell short of expectations. Since then it has dropped by about 10%.CEO of Harvest Capital Credit Joe Jolson has made numerous investments in the stock. The most recently reported one was on Sept. 6. He made a $150,000 investment when he paid an average price of $9.77 for 15,100 shares. * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off In addition to this, over the prior few weeks he also bought about a total of 15,000 shares. It could be that he is attracted to the current dividend at these levels, which is almost 10%. Gulf Resources (GURE)Gulf Resources (NASDAQ:GURE) manufactures chemical products. At current levels it has a market valuation of about $34 million, making it a micro-cap company.Like many other companies in this sector, Gulf has been facing some challenges. This stock has lost about half of its value since April when it was trading around $1.41. The most recent close was 76 cents.As a penny stock company that is based in China, this company is probably an extremely risky investment. Remember, penny stocks are penny stocks for a reason.Ming Yang is a director of Gulf Resources. He must believe that despite the risk, it may be a good investment at current levels. He invested almost $500,000 into the stock when he bought over 660,000 shares at 72 cents.At the time of this writing, Mark Putrino did not have any positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post 7 Micro-Cap and Small-Cap Stocks That Insiders Are Buying appeared first on InvestorPlace.

  • Moody's

    Briggs & Stratton Corporation -- Moody's downgrades Briggs & Stratton ratings (CFR and Senior Unsecured Debt to B2), outlook negative

    Moody's Investors Service ("Moody's") downgraded its ratings for Briggs & Stratton Corporation ("Briggs & Stratton"), including the company's Corporate Family Rating ("CFR") and Probability of Default Rating to B2 and B2-PD, respectively, and the rating for its senior unsecured notes due 2020, also to B2. The company's speculative grade liquidity ("SGL") rating was downgraded to SGL-4 from SGL-3.

  • Thomson Reuters StreetEvents

    Edited Transcript of BGG earnings conference call or presentation 15-Aug-19 2:00pm GMT

    Q4 2019 Briggs & Stratton Corp Earnings Call

  • Providing Power To People When It's Lost
    PR Newswire

    Providing Power To People When It's Lost

    MILWAUKEE, Sept. 4, 2019 /PRNewswire/ -- As a 110-year-old provider of power, Briggs & Stratton Corporation knows first-hand how the household essentials many of us take for granted become a lifeline when communities are ravaged by hurricanes and homeowners are left without power for days on end. Briggs & Stratton takes the responsibility of providing products and support that are easily accessible very seriously, especially as Hurricane Dorian continues to inch closer to the U.S. and the threat of lost power is imminent. For those who do not already have backup power available to them, Briggs & Stratton knows that access is a top concern.

  • New Strong Sell Stocks for August 29th
    Zacks

    New Strong Sell Stocks for August 29th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

  • GuruFocus.com

    Briggs & Stratton Corp (BGG) Files 10-K for the Fiscal Year Ended on June 30, 2019

    Briggs & Stratton Corp (BGG) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Continue reading...

  • New Strong Sell Stocks for August 21st
    Zacks

    New Strong Sell Stocks for August 21st

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

  • Briggs & Stratton stock falls to 44-year low after surprise loss, dividend cut and plant closure
    MarketWatch

    Briggs & Stratton stock falls to 44-year low after surprise loss, dividend cut and plant closure

    Shares of Briggs & Stratton were rocked Thursday to levels last seen in the 1970s, after the maker of gasoline engines and outdoor power equipment reported a surprise fiscal fourth-quarter loss, lowered its full-year outlook and slashed its quarterly dividend.

  • Briggs & Stratton (BGG) Q4 2019 Earnings Call Transcript
    Motley Fool

    Briggs & Stratton (BGG) Q4 2019 Earnings Call Transcript

    BGG earnings call for the period ending June 30, 2019.