BRP (DOO) Stock Forecast, Price & News

7 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 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DOO shares.
View DOO analyst ratings or view top-rated stocks.

7 analysts have issued 1 year price targets for BRP's stock. Their DOO share price forecasts range from C$117.00 to C$179.00. On average, they expect the company's share price to reach C$141.20 in the next year. This suggests a possible upside of 46.4% from the stock's current price.
View analysts price targets for DOO or view top-rated stocks among Wall Street analysts.

BRP's stock was trading at C$103.23 at the beginning of 2023. Since then, DOO shares have decreased by 6.6% and is now trading at C$96.42.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023.
View our DOO earnings forecast.

BRP Inc. (TSE:DOO) released its earnings results on Thursday, March, 23rd. The company reported $3.85 EPS for the quarter, topping the consensus estimate of $3.75 by $0.10. The business had revenue of $3.08 billion for the quarter, compared to analysts' expectations of $2.94 billion. BRP had a trailing twelve-month return on equity of 424.95% and a net margin of 8.61%.

BRP declared a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Monday, April 3rd will be paid a dividend of 0.18 per share on Monday, April 17th. This represents a $0.72 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Friday, March 31st. This is an increase from the stock's previous quarterly dividend of C$0.16.
Read our dividend analysis for DOO.

BRP (TSE:DOO) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 0.72%. The dividend payout ratio is 6.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DOO.

Based on aggregate information from My MarketBeat watchlists, some companies that other BRP investors own include Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B), National Bank of Canada (NA), Dollarama (DOL), Bombardier, Inc. Class B (BBD.B), Enbridge (ENB), Cisco Systems (CSCO), CGI (GIB.A), Kirkland Lake Gold (KL) and Manulife Financial (MFC).

BRP trades on the Toronto Stock Exchange (TSX) under the ticker symbol "DOO."

Shares of DOO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

One share of DOO stock can currently be purchased for approximately C$96.42.

BRP (TSE:DOO) has a market capitalization of C$3.50 billion and generates C$10.03 billion in revenue each year. The company earns C$863.90 million in net income (profit) each year or C$10.67 on an earnings per share basis.

The company employs 20,000 workers across the globe.

BRP's mailing address is 726 Saint-Joseph St, VALCOURT, QC J0E 2L0, Canada. The official website for the company is www.brp.com. The company can be reached via phone at +1-450-5322211.