BRP Inc. (TSE:DOO - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$56.17 and traded as high as C$66.65. BRP shares last traded at C$66.10, with a volume of 125,129 shares changing hands.
Wall Street Analyst Weigh In
DOO has been the topic of a number of recent analyst reports. Desjardins upgraded shares of BRP from a "hold" rating to a "moderate buy" rating in a report on Thursday, May 29th. National Bankshares decreased their price objective on shares of BRP from C$65.00 to C$61.00 and set a "sector perform" rating for the company in a research report on Thursday, May 22nd. TD Securities raised shares of BRP from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. BMO Capital Markets cut their target price on shares of BRP from C$100.00 to C$70.00 in a research note on Thursday, March 27th. Finally, Baird R W downgraded BRP from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Nine analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, BRP presently has a consensus rating of "Hold" and an average target price of C$69.79.
Check Out Our Latest Report on DOO
BRP Stock Down 0.2%
The company has a market cap of C$4.86 billion, a price-to-earnings ratio of 24.91, a P/E/G 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. The firm has a 50-day moving average price of C$56.17 and a 200 day moving average price of C$60.08.
BRP Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, April 18th were issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 1.30%. This is a positive change from BRP's previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, April 4th. BRP's dividend payout ratio is currently 31.66%.
BRP Company Profile
(
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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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