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 1 hold rating and 3 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 Wall Street analysts have issued 12-month price targets for BRP's stock. Their DOOO share price forecasts range from $100.00 to $156.00. On average, they anticipate the company's share price to reach $130.78 in the next twelve months. This suggests a possible upside of 70.6% from the stock's current price.
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BRP's stock was trading at $87.71 at the start of the year. Since then, DOOO stock has decreased by 12.6% and is now trading at $76.64.
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BRP Inc. (NASDAQ:DOOO) released its quarterly earnings results on Wednesday, November, 30th. The company reported $2.73 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.95. The company earned $2.04 billion during the quarter, compared to analyst estimates 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 declared a quarterly dividend on Tuesday, November 29th. Investors of record on Friday, December 30th will be paid a dividend of $0.118 per share on Friday, January 13th. This represents a $0.47 annualized dividend and a yield of 0.62%. 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 $0.49 per share and currently has a dividend yield of 0.64%. The dividend payout ratio is 7.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOOO will have a dividend payout ratio of 5.40% 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 Wednesday, November, 30th. The company provided 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 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 $76.64.

BRP (NASDAQ:DOOO) has a market capitalization of $6.03 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.