keybanc maintains sector weight rating on brunswick stock

Published 05/06/2025, 10:12
keybanc maintains sector weight rating on brunswick stock

On Thursday, KeyBanc analysts reiterated a Sector Weight rating for Brunswick Corp (NYSE: NYSE:BC), currently trading at $54.73. The decision follows recent meetings with the company’s management, where Brunswick’s medium to long-term growth potential was discussed. According to InvestingPro data, the company’s stock has shown strong momentum with a 6.4% return over the past week, though 15 analysts have recently revised their earnings expectations downward.

The analysts highlighted Brunswick’s unique growth drivers, such as the Freedom Boat Club and propulsion systems, which are less cyclical compared to other leisure vehicle manufacturers. Despite ongoing challenges in the industry, including interest rates and tariffs, Brunswick’s operational strength and innovation opportunities were noted as significant factors. The company maintains a healthy financial position with a current ratio of 1.57, demonstrating its ability to meet short-term obligations, and has maintained dividend payments for an impressive 55 consecutive years.

Brunswick management emphasized the company’s potential for meaningful segment margin improvements at mid-cycle unit volumes. The company also pointed out that interest in boating remains robust, with growth in the segment of boat registrations in which Brunswick operates.

Additionally, the company mentioned that population shifts to the southern regions of the United States have been beneficial for boating participation, particularly among high-end consumers. This trend supports Brunswick’s growth prospects in the boating industry.

In other recent news, Brunswick Corporation reported a robust first-quarter performance for 2025, exceeding market expectations with an adjusted earnings per share (EPS) of $0.56, significantly higher than the projected $0.24. The company’s revenue also surpassed forecasts, reaching $1.22 billion, compared to the expected $1.13 billion. Despite this strong showing, Brunswick revised its fiscal year 2025 outlook downwards due to anticipated tariff expenses estimated between $100 million and $125 million. In response to these financial challenges, the company is implementing cost-reduction strategies and exploring tariff-mitigation measures.

Jefferies analysts reacted to these developments by lowering Brunswick’s stock price target from $64 to $45, maintaining a Hold rating. This adjustment reflects concerns over the potential impact of tariffs on Brunswick’s financial outlook. Additionally, Brunswick declared a quarterly dividend of $0.43 per share, reinforcing its commitment to shareholder value. The company continues to focus on innovation and strategic positioning within the marine industry, despite the broader economic headwinds.

Brunswick’s proactive measures to address tariff impacts, such as supply chain optimization and pricing strategies, are being closely monitored by investors. The company’s efforts to navigate these challenges, along with its strong first-quarter results, highlight its resilience in a volatile market environment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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