Briggs & Stratton (BGG) Receives News Sentiment Score of 0.17

News headlines about Briggs & Stratton (NYSE:BGG) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Briggs & Stratton earned a news impact score of 0.17 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 45.738441133341 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several brokerages recently issued reports on BGG. Robert W. Baird reaffirmed a “hold” rating and set a $26.00 target price on shares of Briggs & Stratton in a research report on Tuesday. ValuEngine raised Briggs & Stratton from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Raymond James Financial reaffirmed an “underperform” rating on shares of Briggs & Stratton in a research report on Tuesday, October 17th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered Briggs & Stratton from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $26.33.

Briggs & Stratton (NYSE BGG) opened at $24.55 on Thursday. Briggs & Stratton has a 12-month low of $20.00 and a 12-month high of $25.95. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.82 and a quick ratio of 0.70. The firm has a market capitalization of $1,050.00, a PE ratio of 19.18 and a beta of 0.78.

Briggs & Stratton (NYSE:BGG) last posted its quarterly earnings data on Wednesday, October 25th. The industrial products company reported ($0.27) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.35) by $0.08. Briggs & Stratton had a return on equity of 11.38% and a net margin of 3.05%. The firm had revenue of $329.10 million during the quarter, compared to analyst estimates of $295.84 million. During the same period last year, the company posted ($0.34) EPS. The business’s quarterly revenue was up 14.7% on a year-over-year basis. research analysts predict that Briggs & Stratton will post 1.49 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 15th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend was Thursday, December 14th. Briggs & Stratton’s dividend payout ratio (DPR) is presently 43.75%.

In other news, SVP David J. Rodgers sold 18,000 shares of Briggs & Stratton stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $24.28, for a total value of $437,040.00. Following the completion of the transaction, the senior vice president now directly owns 118,383 shares of the company’s stock, valued at approximately $2,874,339.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Andrea L. Golvach sold 19,174 shares of Briggs & Stratton stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $25.20, for a total value of $483,184.80. Following the completion of the transaction, the vice president now directly owns 27,197 shares of the company’s stock, valued at $685,364.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 97,174 shares of company stock valued at $2,360,825. Corporate insiders own 4.20% of the company’s stock.

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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.

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