Somewhat Positive News Coverage Somewhat Unlikely to Impact Briggs & Stratton (BGG) Share Price

News coverage about Briggs & Stratton (NYSE:BGG) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Briggs & Stratton earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 47.18845293573 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

A number of research firms have recently commented on BGG. Zacks Investment Research upgraded shares of Briggs & Stratton from a “hold” rating to a “strong-buy” rating and set a $31.00 price target for the company in a research report on Thursday, January 18th. ValuEngine upgraded shares of Briggs & Stratton from a “hold” rating to a “buy” rating in a research report on Thursday, October 26th. Raymond James Financial upgraded shares of Briggs & Stratton from an “underperform” rating to a “market perform” rating in a research report on Tuesday, January 16th. Citigroup upgraded shares of Briggs & Stratton to a “market perform” rating in a research report on Tuesday, January 16th. They noted that the move was a valuation call. Finally, Robert W. Baird reiterated a “hold” rating and issued a $26.00 target price on shares of Briggs & Stratton in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $28.50.

Briggs & Stratton (NYSE BGG) opened at $22.44 on Tuesday. Briggs & Stratton has a 1 year low of $20.00 and a 1 year high of $27.34. The stock has a market cap of $962.94, a price-to-earnings ratio of 41.56 and a beta of 0.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.68 and a quick ratio of 0.64.

Briggs & Stratton (NYSE:BGG) last announced its earnings results on Wednesday, January 24th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. Briggs & Stratton had a net margin of 1.31% and a return on equity of 10.25%. The company had revenue of $446.00 million during the quarter, compared to analyst estimates of $424.00 million. During the same period in the previous year, the business earned $0.35 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. analysts predict that Briggs & Stratton will post 1.53 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Friday, March 16th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $0.56 annualized dividend and a yield of 2.50%. Briggs & Stratton’s payout ratio is 103.71%.

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Briggs & Stratton Company Profile

Briggs & Stratton Corporation is a producer of gasoline engines for outdoor power equipment. The Company designs, manufactures, markets, sells and services the various products for original equipment manufacturers (OEMs) around the world. It also markets and sells related service parts and accessories for its engines.

Insider Buying and Selling by Quarter for Briggs & Stratton (NYSE:BGG)

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