Imperial Capital Initiates Coverage on Brunswick Corporation(NYSE:BC). The shares have been rated Outperform. The rating by Imperial Capital was issued on Sep 27, 2016.
Brunswick Corporation (BC) made into the market gainers list on Fridays trading session with the shares advancing 1.10% or 0.53 points. Due to strong positive momentum, the stock ended at $48.78, which is also near the day’s high of $49.09. The stock began the session at $48.55 and the volume stood at 8,82,555 shares. The 52-week high of the shares is $55.65 and the 52 week low is $36.05. The company has a current market capitalization of $4,401 M and it has 9,02,19,878 shares in outstanding.
Brunswick Corporation(BC) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.24B. Analysts had an estimated revenue of $1.25B. Earnings per share were $1.19. Analysts had estimated an EPS of $1.18.
Several Insider Transactions has been reported to the SEC. On Jul 18, 2016, William Metzger (SR. VICE PRESIDENT AND CFO) sold 19,051 shares at $49.52 per share price.Also, On Jun 1, 2016, John C Pfeifer (PRES MERCURY MARINE) sold 1,519 shares at $47.69 per share price.On Mar 2, 2016, B Russell Lockridge (VP & CHIEF HUMAN RES OFFICER) sold 11,528 shares at $43.01 per share price, according to the Form-4 filing with the securities and exchange commission.
Brunswick Corporation (Brunswick) is a designer manufacturer and marketer of recreation products including marine engines boats fitness and billiards equipment. The Company operates in three segments: Marine Engine Boat and Fitness. Brunswick’s engine-related products include outboard sterndrive and inboard engines; trolling motors; propellers; engine control systems and marine parts and accessories. Its boat offerings include fiberglass pleasure boats; luxury yachts yachts and sport yachts; offshore fishing boats; aluminum fishing boats; pontoon boats; deck boats and inflatable boats. Its Fitness segment consists of Life Fitness division (Life Fitness) which designs manufactures and markets a line of cardiovascular fitness equipment including treadmills total body cross-trainers stair climbers and stationary exercise bicycles and strength-training equipment under the Life Fitness Cybex and Hammer Strength brands.