BRP - DOOO Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BRP in the last twelve months. There are currently 1 hold rating, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DOOO shares.
View DOOO analyst ratings or view top-rated stocks.

11 equities research analysts have issued 12 month target prices for BRP's stock. Their DOOO share price forecasts range from $100.00 to $154.00. On average, they anticipate the company's share price to reach $132.33 in the next twelve months. This suggests a possible upside of 63.4% from the stock's current price.
View analysts price targets for DOOO or view top-rated stocks among Wall Street analysts.

BRP's stock was trading at $87.71 on January 1st, 2022. Since then, DOOO stock has decreased by 7.7% and is now trading at $80.99.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our DOOO earnings forecast.

BRP Inc. (NASDAQ:DOOO) posted its quarterly earnings results on Friday, June, 3rd. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.47. The business earned $1.81 billion during the quarter, compared to analysts' expectations of $1.88 billion. BRP had a net margin of 8.79% and a negative trailing twelve-month return on equity of 305.74%. The firm's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.00 EPS.

BRP declared a quarterly dividend on Thursday, June 2nd. Shareholders of record on Thursday, June 30th will be paid a dividend of $0.124 per share on Thursday, July 14th. This represents a $0.50 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for DOOO.

BRP (NASDAQ:DOOO) pays an annual dividend of $0.51 per share and currently has a dividend yield of 0.63%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOOO will have a dividend payout ratio of 5.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOOO.

BRP issued an update on its FY 2023 earnings guidance on Friday, July, 1st. The company provided earnings per share guidance of $8.68-$8.96 for the period, compared to the consensus earnings per share estimate of $8.74. The company issued revenue guidance of $7.49 billion-$7.79 billion, compared to the consensus revenue estimate of $7.55 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other BRP investors own include General Motors (GM), Toronto-Dominion Bank (TD), UnitedHealth Group (UNH), Algonquin Power & Utilities (AQN), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), Cinemark (CNK), Dollar General (DG), BRP (DOO) and Brinker International (EAT).

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

BRP's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (7.00%), Bank of Montreal Can (0.97%), Caisse DE Depot ET Placement DU Quebec (0.71%), Principal Financial Group Inc. (0.46%), Pembroke Management LTD (0.37%) and Connor Clark & Lunn Investment Management Ltd. (0.32%).

Shares of DOOO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DOOO stock can currently be purchased for approximately $80.99.

BRP (NASDAQ:DOOO) has a market capitalization of $6.37 billion and generates $6.11 billion in revenue each year. The company earns $633.93 million in net income (profit) each year or $6.34 on an earnings per share basis.

The company employs 20,000 workers across the globe.

BRP's mailing address is 726 SAINT-JOSEPH STREET, VALCOURT A8, J0E 2L0. The official website for the company is www.brp.com. The company can be reached via phone at (450) 532-2211.