BRP - DOOO Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BRP in the last year. There are currently 2 hold ratings and 2 buy ratings 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.

4 brokerages have issued twelve-month price objectives for BRP's stock. Their DOOO share price forecasts range from $92.00 to $156.00. On average, they anticipate the company's stock price to reach $126.90 in the next twelve months. This suggests a possible upside of 41.7% 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 $76.35 at the beginning of the year. Since then, DOOO shares have increased by 17.3% and is now trading at $89.58.
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The company is scheduled to release its next quarterly earnings announcement on Friday, March 24th 2023.
View our DOOO earnings forecast.

BRP Inc. (NASDAQ:DOOO) released its earnings results on Wednesday, November, 30th. The company reported $2.73 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.95. The firm earned $2.04 billion during the quarter, compared to the consensus estimate of $1.77 billion. BRP had a negative trailing twelve-month return on equity of 2,046.73% and a net margin of 7.64%.

BRP announced a quarterly dividend on Tuesday, November 29th. Investors of record on Friday, December 30th will be given a dividend of $0.118 per share on Friday, January 13th. This represents a $0.47 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for DOOO.

BRP (NASDAQ:DOOO) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.55%. The dividend payout ratio is 7.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOOO will have a dividend payout ratio of 5.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOOO.

BRP updated its FY 2023 earnings guidance on Friday, December, 30th. The company provided earnings per share (EPS) guidance of $8.93-$9.20 for the period, compared to the consensus earnings per share estimate of $8.58. The company issued revenue guidance of $7.45 billion-$7.74 billion, compared to the consensus revenue estimate of $7.31 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 number of institutional and retail investors. Top institutional investors include National Bank of Canada FI (0.48%), Pembroke Management LTD (0.41%), Bank of Montreal Can (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.12%), Addenda Capital Inc. (0.01%) and DekaBank Deutsche Girozentrale (0.00%).

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 $89.58.

BRP (NASDAQ:DOOO) has a market capitalization of $7.05 billion and generates $6.11 billion in revenue each year. The company earns $633.93 million in net income (profit) each year or $6.73 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.