Brunswick stock: buy or sell?
April 2nd, 2020
Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company's Marine Engine segment offers outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, service parts, and lubricants; and diesel propulsion systems to the recreational and commercial marine markets.
Should I buy Brunswick stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Brunswick stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Brunswick stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't detect any rating for BC stock for the last 30 days.
Brunswick stock analysis
Shares of Brunswick plummed a scary -5.47% and closed at $29.55.
Brunswick closed today at $29.55 and plummed a scary -5.47%. In the last 28 days when BC stock price broke down the SMA200d line, it slid $-25.51 per share (-46.33%).
After boosting an amazing 23.04% in a week last week, Brunswick closed this week at $29.55 and plummed a frightening -17.06%.
Since price and 40-weeks moving average lines crossed down late February, BC fell $-33.92 per share (-53.44%). Stocks below the 40w moving average line are usually not recommended for average traders. Since late October 2019 when SMA20w and SMA40w crossed up, BC price slipped $-28.85 per share (-49.40%).
Brunswick stock price history
Brunswick stock went public on December 31st, 1981 with a price of $1.011. Since then, BC stock surged a 2,825.70%, with an average of 74.40% per year. If you had invested $1,000 in Brunswick stock in 1981, it would worth $28,257.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Brunswick stock historical price chart
BC stock reached 52-week highs on February at $66.07, and all-time highs 2018-09-19 with a price of 68.1.
Brunswick stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price prediction for Brunswick stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on April, Brunswick . As soon as we get its posted EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Brunswick annual turnover soared a shining 6.69% to $5,159.20 million USD from $4,835.90 marked in 2017. Aligned with this, its profit margin (compared to sales) appreciated to 5.14%, that is $265.30 million. Brunswick presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Brunswick TTM sales up to March 2019 were $5,223.70 and earnings $156.10 million USD. If we compare this TTM figures with the last reported annuality, we can review Brunswick business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stepped up a tiny 1.25%. However, profit margin (net income/revenues) declined at 5.14%.
|2013||$3,600 M||-||$757 M21.0%||-|
|2014||$3,839 M||6.63%||$246 M6.4%||-67.53%|
|2015||$4,106 M||6.96%||$241 M5.9%||-1.75%|
|2016||$4,489 M||9.32%||$276 M6.1%||14.33%|
|2017||$4,836 M||7.74%||$146 M3.0%||-46.96%|
|2018||$5,159 M||6.69%||$265 M5.1%||81.22%|
|TTM||$5,224 M||1.25%||$156 M3.0%||-41.16%|
Quarterly financial resultsBrunswick posted $1,275.90 million in revenues for 2019-Q1, a 2.16% improvement compared to previous quarter. Reported quarter earnings marked $-36.30 million with a profit margin of -2.85%. Profit margin eased a -6.32% compared to previous quarter when profit margin was 3.48%. When comparing sales to same quarter last year, Brunswick sales marked an impressive increase and climbed a 10.43%.
|2017-Q2||$1,350 M||-||$119 M8.8%||-|
|2017-Q3||$1,140 M||-15.56%||$79 M6.9%||-33.84%|
|2017-Q4||$856 M||-24.89%||$-117 M-13.7%||-247.97%|
|2018-Q1||$1,155 M||34.95%||$73 M6.3%||-162.36%|
|2018-Q2||$1,401 M||21.25%||$79 M5.6%||8.37%|
|2018-Q3||$1,298 M||-7.35%||$70 M5.4%||-11.39%|
|2018-Q4||$1,249 M||-3.78%||$43 M3.5%||-38.00%|
|2019-Q1||$1,276 M||2.16%||$-36 M-2.8%||-183.64%|
Brunswick ownershipWhen you are planning to buy a company, it's worth to review its ownership structure.
Brunswick shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.42% of all shares.
Bearish positions for BC stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Brunswick:
|Market cap||$2.3 B|
|Total shares||79.4 M|
|Float shares||78.8 M|
|- Institutional holdings (%)||96.7%|
|- Insider holdings (%)||1.4%|
|Shares in short selling||0.0%|
|Thursday, April 2nd, 2020|
|Day range||$28.81 - $31.52|
|Average true range||$4.34|
|50d mov avg||$50.52|
|100d mov avg||$54.76|
|200d mov avg||$52.05|
Brunswick performanceTo better understand Brunswick performance you must compare its gains with other related stocks in same sector or industry. We chose as the bechmarking frame for Brunswick stock.