BRP (DOO) to Release Earnings on Wednesday

BRP (TSE:DOOGet Rating) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 30th. Analysts expect BRP to post earnings of C$2.37 per share for the quarter.

BRP (TSE:DOOGet Rating) last announced its quarterly earnings results on Wednesday, September 14th. The company reported C$2.94 EPS for the quarter, topping the consensus estimate of C$2.58 by C$0.36. The company had revenue of C$2.44 billion during the quarter, compared to analysts’ expectations of C$2.21 billion.

BRP Trading Up 0.6 %

Shares of BRP stock opened at C$93.59 on Wednesday. BRP has a twelve month low of C$73.74 and a twelve month high of C$113.84. The company has a quick ratio of 0.18, a current ratio of 1.08 and a debt-to-equity ratio of 28,052.17. The business has a 50-day moving average price of C$89.09 and a 200-day moving average price of C$90.50. The firm has a market cap of C$7.37 billion and a price-to-earnings ratio of 11.09.

BRP Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 14th. Shareholders of record on Friday, September 30th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend was Wednesday, September 28th. BRP’s dividend payout ratio is presently 6.87%.

Analysts Set New Price Targets

A number of research analysts have recently commented on DOO shares. Raymond James increased their target price on BRP from C$135.00 to C$138.00 in a research report on Thursday, September 15th. CIBC boosted their target price on shares of BRP from C$125.00 to C$132.00 and gave the stock an “outperform” rating in a report on Thursday, September 15th. Royal Bank of Canada increased their price target on shares of BRP from C$113.00 to C$114.00 and gave the company an “outperform” rating in a report on Thursday, September 15th. DA Davidson boosted their price objective on BRP from C$122.00 to C$123.00 in a research note on Monday, September 19th. Finally, Scotiabank raised their price objective on BRP from C$126.00 to C$127.00 in a research note on Thursday, September 15th. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$135.58.

BRP Company Profile

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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, Latin America, and internationally. The company operates through two segments, Powersports and Marine. It offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products, which consists of snowmobiles, personal watercraft, and pontoons; and parts, accessories and apparel, and engines for karts and recreational aircraft and other services.

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Earnings History for BRP (TSE:DOO)

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