Today, a Director at Brunswick Corporation (BC), Manuel Fernandez, bought shares of BC for $702.5K.
Following this transaction Manuel Fernandez’s holding in the company was increased by 696.58% to a total of $6.13 million. Following Manuel Fernandez’s last BC Buy transaction on December 10, 2013, the stock climbed by 9.3%.
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Based on Brunswick Corporation’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.3 billion and quarterly net profit of $70 million. In comparison, last year the company earned revenue of $1.14 billion and had a net profit of $79 million. BC’s market cap is $4.6B and the company has a P/E ratio of 44.33. Currently, Brunswick Corporation has an average volume of 1.03M.
Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $69.00, reflecting a 26.4% upside. Starting in October 2018, BC received 9 Buy ratings in a row. Six different firms, including Imperial Capital and RBC Capital, currently also have a Buy rating on the stock.
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Brunswick Corp. engages in the design, manufacture, and marketing of recreation products, including marine engines, boats, fitness equipment, and active recreation products. It operates through the following segments: Marine Engine, Boat, and Fitness. The Marine segment manufactures and sells recreational marine engines and marine parts and accessories.
