BC Stock Summary and Trading Ideas (Brunswick | NYSE:BC)

Brunswick is a leading manufacturer in the marine recreation industry. The firm has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick's focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.

Brunswick trades on the NYSE stock market under the symbol BC.

As of April 16, 2024, BC stock price declined to $85.29 with 343,854 million shares trading.

BC has a beta of 1.57, meaning it tends to be more sensitive to market movements. BC has a correlation of 0.32 to the broad based SPY ETF.

BC has a market cap of $5.79 billion. This is considered a Mid Cap stock.

Last quarter Brunswick reported $1 billion in Revenue and $1.45 earnings per share. This fell short of revenue expectation by $-78 million and missed earnings estimates by -$.20.

In the last 3 years, BC stock traded as high as $117.62 and as low as $61.89.

The top ETF exchange traded funds that BC belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

BC has underperformed the market in the last year with a price return of +6.1% while the SPY ETF gained +24.1%. BC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.1% and -11.0%, respectively, while the SPY returned +6.3% and -3.2%, respectively.

BC support price is $84.04 and resistance is $86.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BC stock will trade within this expected range on the day.