How to Buy Brunswick Stock
Brunswick Corp
Brunswick is a recreational vehicle company located in Illinois, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker BC on the NYSE exchange.
Brunswick stock last closed at $86.13, down 0.27% from the previous day, and has increased 0.19% in one year. It has overperformed other stocks in the Recreational Vehicles industry by 0.15 percentage points. Brunswick stock is currently +29.58% from its 52-week low of $66.47, and -13.59% from its 52-week high of $99.68.
As of Apr 24, 2024, there are 68.17M shares of BC outstanding. The market capitalization of BC is $5.87B. In the past 24 hours, 913,927 BC shares were traded.
How to Buy Brunswick Stock
Wondering how to invest in Brunswick stock? Here's how.
- Figure out where to buy Brunswick stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Brunswick stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your info.
- Evaluate Brunswick stock: The Brunswick ticker symbol is BC. Is Brunswick stock a good investment? Should you buy shares of BC? How do BC's underlying business fundamentals look? Do top analysts think Brunswick is a good buy? Why has BC's stock price moved recently? (Hint: Our stock market research tools can help you decide if BC is a good stock to buy).
- Execute your BC trade: Decide if you will purchase BC shares at the current market price or use a limit order to buy BC stock at a particular price.
- Get key alerts regarding your investment in BC: Create a watchlist to important updates regarding your position in Brunswick shares.
Step 1: Figure out where to buy Brunswick stock
You need a brokerage account to access the NYSE market and buy BC stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to invest in BC today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock market app, you need to deposit funds:
Watch the walkthrough below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Brunswick stock
After you have figured out the best place to buy Brunswick stock, it's absolutely critical to analyze their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Brunswick quick stats
BC Zen Score
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on BC's stock page.
Is BC stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge BC's intrinsic value.
Using relative valuations measures:
- BC could be undervalued based on its P/E ratio of 14.38x, relative to Recreational Vehicles industry P/E ratio of 15.35x
- BC could be overvalued based on its P/B ratio of 2.81x, relative to Recreational Vehicles industry P/B ratio of 2.16x
- BC could be undervalued based on its PEG ratio of 0.28x
You can access additional valuation research on BC's stock here.
BC Financial Overview
Signs that BC is financially healthy:
- There are more short-term assets than long-term liabilities on the BC balance sheet.
- BC's operating cash flow of $733.60M allows it to safely service it's debt of $2.56B.
- There are more short-term assets than short-term liabilities on the BC balance sheet.
- BC earnings of $729.10M is not enough to cover its interest payments.
Signs that BC is not financially healthy:
- BC profit margin has gone down from 9.9% to 6.6% in the past year.
- Total BC debt is higher than 5 years ago, relative to shareholder equity.
- BC has a relatively high debt to equity ratio of 1.99.
Is Brunswick stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Equities analysts who track BC, the consensus analyst rating on Brunswick is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent BC Analyst Forecasts
Scott Stember, a top 20% analyst from Roth MKM maintains BC with a strong buy rating and raises their BC price target from $85.00 to $94.00, on Feb 2, 2024.
Roth MKM's Scott Stember raised their price target on Brunswick (NYSE: BC) by 10.6% from $85 to $94 on 2024/02/02. The analyst maintained their Strong Buy rating on the stock.
In spite of Brunswick's missed quarterly earnings, Roth MKM remains optimistic, Stember reported following the company's Q4 and FY 2023 print released on 2024/02/01.
Factors cited for the firm's continued bullish view, according to the analyst, include:
- A higher base of recreational marine participation post-pandemic.
- Brunswick's more significant emphasis on reaching the full boating ecosystem.
- A higher-margin/less-cyclical parts and accessories business.
Roth MKM "adjusted its model by rolling out its valuation timeline to FY 2025," Stember told investors.
Earnings Report
Brunswick reported:
For Q4 2023:
- EPS of $1.45, which missed the Zacks Consensus Estimate of $1.66 and, by 27.1%, Q4 2022’s $1.99.
- Revenue of $1.36B, which missed the Zacks Consensus Estimate by 5.17% and, by 14%, Q4 2022’s $1.58B.
- Operating margin of 10.4%.
For FY 2023:
- EPS of $8.80, down 12.3% Y/Y.
- Revenue of $6.4B, down 6% Y/Y.
- Operating margin of 13.6%.
- Free cash flow of $473.4M.
Management guided:
For Q1 2024:
- EPS of $1.30 to $1.40.
- Revenue of $1.3B to $1.4B.
For FY 2024
- EPS of $7.00 to $8.00.
- Revenue of $6.0B to $6.2B.
- Operating margin of 12% to 13%.
- Free cash flow of $350M.
CEO David Foulkes commented: "2024 has the potential to be a year of steadily easing financial conditions and while we enter the year with a cautious outlook, particularly in Q1, we have already launched more than fifteen new products across our businesses and we remain extremely focused on delivering steady free cash flow and resilient EPS, resulting in continued strong shareholder returns.
“Our disciplined pipeline management, strong operational performance and continued investments in new products and growth, coupled with prudent cost containment actions, strong free cash flow generation, and a thoughtful capital strategy, provide the necessary controllable levers in this uncertain consumer and business environment.
“We are extremely pleased with the enormous excitement generated by Brunswick's presence at the Consumer Electronics Show in early January, where we presented our full portfolio of both already commercialized and upcoming new ACES products and technologies, and at the early-season boat shows including the positive momentum coming out of the Dusseldorf, Toronto and Minneapolis Boat Shows, all of which positions us well entering 2024.
“In addition, our Board of Directors increased our share repurchase authorization earlier this week and we now have over $500M approved for repurchases, which we plan to systematically deploy consistent with our capital strategy.”
Drew Crum, a top 13% analyst from Stifel Nicolaus maintains BC with a strong buy rating and raises their BC price target from $88.00 to $97.00, on Jan 17, 2024.
Megan Alexander, a bottom 14% analyst from Morgan Stanley maintains BC with a hold rating and lowers their BC price target from $84.00 to $77.00, on Oct 27, 2023.
You can dig deeper into what analysts are saying on the Brunswick stock forecast page.
BC Momentum
Is BC Growing Revenue?
Last year, BC earnings were $420.40M. During the last 5 year, BC's earnings have gone up by 14.6% per year. This was faster than the Recreational Vehicles industry average of 9.53%.
Last year, BC revenue was $6.40B. Over the last five year, BC's revenue has increased by 9.21% per year. This was faster than the Recreational Vehicles industry average of 8.1%.
Dig into BC's earnings and revenue performance here.
Are BC executives and large shareholders buying or selling the stock?
Over the last year, insiders at BC have bought more shares than they have sold.
David M. Foulkes, Chief Executive Officer of BC, was the latest BC insider to sell. They sold $3,048,850.00 worth of BC shares on Feb 26, 2024.
Learn more about who owns BC shares here.
Can I get consistent income from BC stock?
Brunswick pays a dividend of 1.88%, compared to the Recreational Vehicles industry's average dividend yield of 2.51%. If you owned $1,000 worth of BC stock, you would have received $18.81 in the past 12 months.
Brunswick dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Brunswick dividend yield and history here.
What others are saying about BC
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your BC trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Press the Open button and eToro will place the order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in BC
Now that you own some BC shares, you'll want to keep up with your new company.
Start a watchlist to track the latest developments regarding your BC stock.
BC Feed
How to Buy Stock in Brunswick
To summarize, here are the 6 steps to buy Brunswick stock:
- Figure out where to buy Brunswick stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Brunswick stock
- Execute your BC trade
- Get key alerts regarding your investment in BC
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Brunswick, add BC to your watchlist by clicking the button below.
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