BRP (DOO) Scheduled to Post Earnings on Friday

BRP (TSE:DOO) is scheduled to be announcing its earnings results before the market opens on Friday, September 6th. Analysts expect BRP to post earnings of C$0.30 per share for the quarter.

BRP Stock Performance

Shares of DOO opened at C$93.15 on Thursday. The company has a current ratio of 1.35, a quick ratio of 0.20 and a debt-to-equity ratio of 461.35. The firm has a market cap of C$3.32 billion, a PE ratio of 12.50, a P/E/G ratio of 2.05 and a beta of 2.33. BRP has a 12 month low of C$77.42 and a 12 month high of C$109.00. The stock has a fifty day moving average price of C$92.58 and a 200-day moving average price of C$91.40.

BRP Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 12th. Stockholders of record on Friday, July 12th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.84 annualized dividend and a dividend yield of 0.90%. BRP’s dividend payout ratio (DPR) is currently 11.28%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DOO shares. CIBC lowered their price target on BRP from C$110.00 to C$100.00 and set an “outperform” rating for the company in a research report on Monday, June 3rd. Scotiabank decreased their target price on BRP from C$105.00 to C$103.00 and set a “sector perform” rating for the company in a report on Monday, June 3rd. National Bank Financial lowered BRP from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Canaccord Genuity Group set a C$90.00 price target on shares of BRP and gave the stock a “hold” rating in a research report on Wednesday, August 28th. Finally, Royal Bank of Canada dropped their price objective on shares of BRP from C$110.00 to C$108.00 and set an “outperform” rating on the stock in a report on Monday, June 3rd. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, BRP presently has a consensus rating of “Hold” and a consensus price target of C$101.92.

BRP Company Profile

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 Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.