BRP Inc. (TSE:DOO - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$62.47 and traded as low as C$51.96. BRP shares last traded at C$52.00, with a volume of 280,692 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the company. Canaccord Genuity Group reduced their price objective on BRP from C$80.00 to C$60.00 in a research note on Friday, March 21st. Citigroup upgraded BRP from a "sell" rating to a "neutral" rating and boosted their target price for the stock from C$39.00 to C$52.00 in a report on Friday, April 4th. UBS Group reduced their price target on shares of BRP from C$64.00 to C$50.00 in a research report on Wednesday, April 23rd. Baird R W lowered BRP from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Finally, National Bankshares dropped their price target on shares of BRP from C$84.00 to C$72.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of C$70.00.
Read Our Latest Analysis on DOO
BRP Stock Up 4.7%
The firm's 50-day moving average price is C$50.60 and its 200 day moving average price is C$62.47. The firm has a market capitalization of C$3.82 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20.
BRP Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, April 18th were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.86 dividend on an annualized basis and a yield of 1.65%. This is a positive change from BRP's previous quarterly dividend of $0.21. BRP's dividend payout ratio (DPR) is 31.66%.
About BRP
(
Get Free Report)
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.
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