BRP - DOOO Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BRP in the last twelve months. There are currently 1 hold rating and 5 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.

6 analysts have issued 1-year price objectives for BRP's shares. Their DOOO share price forecasts range from $100.00 to $154.00. On average, they predict the company's share price to reach $131.00 in the next year. This suggests a possible upside of 83.9% 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 at the beginning of the year. Since then, DOOO stock has decreased by 18.8% and is now trading at $71.22.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 30th 2022.
View our DOOO earnings forecast.

BRP Inc. (NASDAQ:DOOO) released its quarterly earnings results on Wednesday, September, 14th. The company reported $2.29 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.26. The business earned $2.44 billion during the quarter, compared to analysts' expectations of $2.30 billion. BRP had a negative trailing twelve-month return on equity of 526.63% and a net margin of 8.48%. The company's revenue was up 28.1% on a year-over-year basis. During the same period last year, the firm earned $2.35 EPS.

BRP announced a quarterly dividend on Tuesday, September 13th. Investors of record on Friday, September 30th will be paid a dividend of $0.122 per share on Friday, October 14th. This represents a $0.49 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for DOOO.

BRP (NASDAQ:DOOO) pays an annual dividend of $0.49 per share and currently has a dividend yield of 0.68%. The dividend payout ratio is 7.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOOO will have a dividend payout ratio of 5.31% 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 third quarter 2023 earnings guidance on Wednesday, October, 19th. The company provided earnings per share (EPS) guidance of $1.70- for the period, compared to the consensus estimate of $2.06. The company issued revenue guidance of -.

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 retail and institutional investors. Top institutional shareholders include Mackenzie Financial Corp (6.93%), Beutel Goodman & Co Ltd. (4.27%), Vanguard Group Inc. (1.55%), Bank of Montreal Can (0.89%), Alliancebernstein L.P. (0.59%) and Connor Clark & Lunn Investment Management Ltd. (0.52%).

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 $71.22.

BRP (NASDAQ:DOOO) has a market capitalization of $5.61 billion and generates $6.11 billion in revenue each year. The company earns $633.93 million in net income (profit) each year or $6.63 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.