Brunswick Story

All StoriesTechnicals
Ellen Johnson Story
<div class='circular--portrait' style='background:#4E8BFC;color: #ffffff;font-size:4em;'>BC</div>
BC -- USA Stock  

USD 88.37  1.40  1.56%

Macroaxis News
By Ellen Johnson  
Macroaxis Story
As many millenniums are excited about consumer cyclical space, it is only fair to go over Brunswick against current market trends. As we have suggested previously, Brunswick is beginning its slip as investors shift to be more bearish due to the increased sector volatility. The returns on the market and returns on Brunswick appear slightly correlated for the last few months. Strong basic indicators of the company may also suggest signals of long term gains for Brunswick investors. Brunswick is scheduled to announce its earnings today. The next earnings report is expected on the 29th of April 2021.
Published over three weeks ago
View all stories for Brunswick Corp | View All Stories
Will Brunswick (NYSE:BC) continue to slip in February?
The company's average rating is Buy from 14 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Brunswick market sentiment investors' perception of the future value of Brunswick. Let us look at a few aspects of Brunswick technical analysis. Earning per share calculations of the firm is based on official Zacks consensus of 10 analysts regarding Brunswick's future annual earnings. Given the historical accuracy of 91.48%, the future earnings per share of the company is estimated to be 4.7627 with the lowest and highest values of 4.75 and 4.81, respectively. Please note that this consensus of annual earnings estimates for Brunswick is an estimate of EPS before non-recurring items and including employee stock options expenses.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Brunswick Corp. In general, we focus on analyzing Brunswick Corp stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Brunswick Corp's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Brunswick Corp's intrinsic value. In addition to deriving basic predictive indicators for Brunswick Corp, we also check how macroeconomic factors affect Brunswick Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Brunswick Corp's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Brunswick Corp in the context of predictive analytics.
Hype
Prediction
Details
Intrinsic
Valuation
Details
14 Analysts
Consensus
Details
Earnings
Estimates (11)
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brunswick Corp. Your research has to be compared to or analyzed against Brunswick Corp's peers to derive any actionable benefits. When done correctly, Brunswick Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Brunswick Corp.

How does Brunswick Stands against Peers?

Analyzing Brunswick Corp competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Brunswick Corp across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Brunswick Corp Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Brunswick Corp, but it might be worth checking our own buy vs. sell analysis

Acquisition by Denari Aine of 4410 shares of Brunswick Corp subject to Rule 16b-3

Legal trades by Brunswick Corp insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Brunswick insider trading alert for grant of common stock by Denari Aine, VP President Boat Group, on 16th of February 2021. This event was filed by Brunswick Corp with SEC on 2021-02-16. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Brunswick Downside Variance

Brunswick has current Downside Variance of 4.14. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.

Downside Variance 
 = 
SUM(RET DEV)2 
N(ER) 
 = 
4.14
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period
Let's now compare Brunswick Downside Variance to its closest peers:
BC
DS
EQUR
ESCA
BC4.14
DS35.4
EQUR924.31
ESCA29.32

Will Brunswick continue to go out of control?

The kurtosis is down to 1.22 as of today. Brunswick currently demonstrates below-verage downside deviation. It has Information Ratio of 0.21 and Jensen Alpha of 0.56. However, we do advice investors to further question Brunswick expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Conclusion on Brunswick

Whereas some other companies in the leisure industry are either recovering or due for a correction, Brunswick may not be as strong as the others in terms of longer-term growth potentials. While some in two-three weeks oriented investors may not share our view, we believe it may not be a good time to acquire new shares of Brunswick.

About Contributor

Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Brunswick Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
Macroaxis Wealth Optimization Platform
 
Feedback Blog
Made with optimal in San Francisco
2021 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY