Brunswick Corp (NYSE:BC) shares, rose in value on Friday, January 24, with the stock price down by -0.28% to the previous day’s close as strong demand from buyers drove the stock to $68.21.
Actively observing the price movement in the last trading, the stock closed the session at $68.40, falling within a range of $67.74 and $68.73. The value of beta (5-year monthly) was 1.512 whereas the PE ratio was 16.96 over 12-month period. Referring to stock’s 52-week performance, its high was $96.65, and the low was $62.64. On the whole, BC has fluctuated by 2.19% over the past month.
With the market capitalization of Brunswick Corp currently standing at about $4.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.68, with its dividend yield at 2.46%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.12B, with a low estimate of 1B and a high estimate of 1.07B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.04B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BC currently trading nearly 3.33% and -6.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.92, while the 7-day volatility ratio is showing 2.23% which for the 30-day chart, stands at 2.56%. Furthermore, Brunswick Corp (BC)’s beta value is 1.54, and its average true range (ATR) is 1.98.
A comparison of Brunswick Corp (BC) with its peers suggests the former has fared considerably weaker in the market. BC showed an intraday change of -0.28% in last session, and over the past year, it shrunk by -20.81%%.
Data on historical trading for Brunswick Corp (NYSE:BC) indicates that the trading volumes over the past 10 days have averaged 0.62 and over the past 3 months, they’ve averaged 608.71K. According to company’s latest data on outstanding shares, there are 66.10 million shares outstanding.
Nearly 1.69% of Brunswick Corp’s shares belong to company insiders and institutional investors own 102.41% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.59 million shares as on 2024-12-31, resulting in a short ratio of 5.2. According to the data, the short interest in Brunswick Corp (BC) stood at 615.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 3.91 million. The stock has risen by 5.46% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BC stock heading into the next quarter.
