BRP Stock Forecast, Price & News

BRP's stock was trading at $30.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DOOO shares have increased by 88.4% and is now trading at $58.16.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BRP in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for BRP.

Wall Street analysts have given BRP a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but BRP wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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BRP is scheduled to release its next quarterly earnings announcement on Friday, March 19th 2021.
View our earnings forecast for BRP.

BRP Inc. (NASDAQ:DOOO) announced its quarterly earnings data on Tuesday, November, 24th. The company reported $2.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.01 by $1.12. The business had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.19 billion. BRP had a negative return on equity of 55.95% and a net margin of 2.71%.
View BRP's earnings history.

BRP announced a Variable dividend on Wednesday, November 25th. Shareholders of record on Thursday, December 31st will be paid a dividend of $0.083 per share on Thursday, January 14th. The ex-dividend date of this dividend is Wednesday, December 30th.
View BRP's dividend history.

BRP issued an update on its FY 2021 Pre-Market earnings guidance on Wednesday, November, 25th. The company provided earnings per share guidance of 3.78-3.97 for the period. The company issued revenue guidance of $4.349-4.532 billion.

10 brokers have issued 1-year price targets for BRP's stock. Their forecasts range from $35.00 to $90.00. On average, they anticipate BRP's stock price to reach $69.50 in the next twelve months. This suggests a possible upside of 19.5% from the stock's current price.
View analysts' price targets for BRP.

BRP saw a increase in short interest in October. As of October 30th, there was short interest totaling 404,900 shares, an increase of 14.0% from the October 15th total of 355,300 shares. Based on an average trading volume of 86,400 shares, the short-interest ratio is currently 4.7 days. Approximately 1.0% of the shares of the stock are short sold.
View BRP's Short Interest.

Some companies that are related to BRP include Hyundai Motor (HYMLF), Magna International (MGA), Weichai Power (WEICY), Subaru (FUJHY), CNH Industrial (CNHI), Genuine Parts (GPC), Renault (RNLSY), LKQ (LKQ), Nikola (NKLA), Valeo (VLEEY), BorgWarner (BWA), Dongfeng Motor Group (DNFGY), Aisin Seiki (ASEKY), Lear (LEA) and IAA (IAA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other BRP investors own include General Motors (GM), The Toronto-Dominion Bank (TD), UnitedHealth Group (UNH), Algonquin Power & Utilities (AQN), The Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), Cinemark (CNK), Dollar General (DG), BRP Inc. (DOO.TO) (DOO) and Brinker International (EAT).

BRP trades on the NASDAQ under the ticker symbol "DOOO."

BRP's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Connor Clark & Lunn Investment Management Ltd. (1.84%), Arrowstreet Capital Limited Partnership (1.23%), Acadian Asset Management LLC (0.85%), Pembroke Management LTD (0.62%), Artemis Investment Management LLP (0.47%) and Alberta Investment Management Corp (0.30%).

DOOO stock was sold by a variety of institutional investors in the last quarter, including Pembroke Management LTD, Alberta Investment Management Corp, Arrowstreet Capital Limited Partnership, TD Asset Management Inc., Manatuck Hill Partners LLC, Morgan Stanley, O Shaughnessy Asset Management LLC, and Cubist Systematic Strategies LLC.

DOOO stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Artemis Investment Management LLP, Connor Clark & Lunn Investment Management Ltd., Jane Street Group LLC, Wells Fargo & Company MN, Essex Investment Management Co. LLC, Vivid Financial Management Inc., and Bank of Nova Scotia Trust Co..

Shares of DOOO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DOOO stock can currently be purchased for approximately $58.16.

BRP has a market capitalization of $5.09 billion and generates $4.56 billion in revenue each year. The company earns $280.30 million in net income (profit) each year or $2.88 on an earnings per share basis. BRP employs 13,500 workers across the globe.

The official website for BRP is www.brp.com.

BRP's mailing address is 726 SAINT-JOSEPH STREET, VALCOURT A8, J0E 2L0. The company can be reached via phone at 45-0532-2211.