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AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)

Equities Analysts Offer Predictions for BRP Inc.'s Q3 2023 Earnings (TSE:DOO)

BRP Inc. (TSE:DOO - Get Rating) - Analysts at National Bank Financial lowered their Q3 2023 earnings per share estimates for shares of BRP in a note issued to investors on Tuesday, November 22nd. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings of $2.44 per share for the quarter, down from their prior forecast of $2.50. The consensus estimate for BRP's current full-year earnings is $12.36 per share.

BRP (TSE:DOO - Get Rating) last posted its earnings results on Wednesday, September 14th. The company reported C$2.94 earnings per share for the quarter, beating analysts' consensus estimates of C$2.58 by C$0.36. The company had revenue of C$2.44 billion for the quarter, compared to analysts' expectations of C$2.21 billion.

Several other research analysts have also commented on DOO. Scotiabank boosted their price objective on BRP from C$126.00 to C$127.00 in a report on Thursday, September 15th. CIBC boosted their price objective on BRP from C$125.00 to C$132.00 and gave the stock an "outperform" rating in a report on Thursday, September 15th. National Bankshares cut their price objective on BRP from C$136.00 to C$130.00 and set an "outperform" rating for the company in a report on Wednesday. Raymond James boosted their price objective on BRP from C$135.00 to C$138.00 in a report on Thursday, September 15th. Finally, Royal Bank of Canada upped their target price on BRP from C$113.00 to C$114.00 and gave the stock an "outperform" rating in a research note on Thursday, September 15th. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$135.08.

BRP Stock Up 1.8 %


DOO stock opened at C$95.26 on Thursday. BRP has a twelve month low of C$73.74 and a twelve month high of C$113.84. The company has a quick ratio of 0.18, a current ratio of 1.08 and a debt-to-equity ratio of 28,052.17. The firm has a market capitalization of C$7.50 billion and a PE ratio of 11.29. The stock has a 50-day simple moving average of C$89.05 and a two-hundred day simple moving average of C$90.53.

BRP Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 14th. Shareholders of record on Friday, September 30th were given a $0.16 dividend. The ex-dividend date was Wednesday, September 28th. This represents a $0.64 annualized dividend and a yield of 0.67%. BRP's payout ratio is currently 6.87%.

About BRP

(Get Rating)

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, Latin America, and internationally. The company operates through two segments, Powersports and Marine. It offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products, which consists of snowmobiles, personal watercraft, and pontoons; and parts, accessories and apparel, and engines for karts and recreational aircraft and other services.

Further Reading

Earnings History and Estimates for BRP (TSE:DOO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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