BRP - DOO Stock Forecast, Price & News

BRP Inc., together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The company operates through two segments, Powersports and Marine. It offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products, such as snowmobiles and personal watercraft; and engines for jet boats, outboards, karts, motorcycles, and recreational aircraft. The company also provides parts, accessories, and apparel, as well as other services. It sells its products through a network of independent dealers and distributors, as well as to original equipment manufacturers. The company was formerly known as J.A. Bombardier (J.A.B.) Inc. and changed its name to BRP Inc. in April 2013. BRP Inc. was founded in 1937 and is headquartered in Valcourt, Canada.

BRP Stock Performance

Shares of DOO opened at C$95.49 on Monday. The firm has a market capitalization of C$7.51 billion and a price-to-earnings ratio of 12.00. The business's fifty day moving average price is C$87.49 and its two-hundred day moving average price is C$93.69. BRP has a 52 week low of C$73.74 and a 52 week high of C$129.98.

BRP (TSE:DOO - Get Rating) last announced its quarterly earnings data on Friday, June 3rd. The company reported C$1.66 EPS for the quarter, beating analysts' consensus estimates of C$1.07 by C$0.59. The firm had revenue of C$1.81 billion during the quarter, compared to the consensus estimate of C$1.83 billion. As a group, research analysts forecast that BRP will post 12.1899996 EPS for the current year.

BRP Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 14th. Stockholders of record on Thursday, June 30th were given a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a $0.64 annualized dividend and a dividend yield of 0.67%. BRP's dividend payout ratio is currently 6.91%.

Wall Street Analyst Weigh In

DOO has been the subject of a number of research reports. Northcoast Research downgraded BRP from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 17th. Raymond James dropped their target price on BRP from C$146.00 to C$135.00 in a report on Monday, June 6th. CIBC increased their target price on BRP from C$124.00 to C$125.00 and gave the stock an "outperform" rating in a report on Monday, June 6th. DA Davidson dropped their target price on BRP from C$134.00 to C$122.00 and set a "buy" rating for the company in a report on Tuesday, June 7th. Finally, Scotiabank dropped their target price on BRP from C$133.00 to C$126.00 in a report on Monday, June 6th. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of C$136.00.