BRP (DOO) to Release Quarterly Earnings on Friday

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

BRP Stock Performance

TSE:DOO opened at C$94.19 on Wednesday. The company has a debt-to-equity ratio of 461.35, a quick ratio of 0.20 and a current ratio of 1.35. The company has a fifty day moving average of C$92.58 and a two-hundred day moving average of C$91.40. The stock has a market capitalization of C$3.36 billion, a PE ratio of 12.64, a P/E/G ratio of 2.05 and a beta of 2.33. BRP has a fifty-two week low of C$77.42 and a fifty-two week high of C$109.00.

BRP Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Friday, July 12th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Friday, June 28th. BRP’s dividend payout ratio is presently 11.28%.

Wall Street Analysts Forecast Growth

DOO has been the subject of a number of research reports. TD Securities dropped their target price on shares of BRP from C$100.00 to C$98.00 and set a “hold” rating for the company in a report on Monday, June 3rd. Raymond James dropped their target price on shares of BRP from C$108.00 to C$100.00 in a report on Monday, June 3rd. Royal Bank of Canada dropped their target price on shares of BRP from C$110.00 to C$108.00 and set an “outperform” rating for the company in a report on Monday, June 3rd. Scotiabank dropped their target price on shares of 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. Finally, Desjardins dropped their target price on shares of BRP from C$116.00 to C$110.00 and set a “buy” rating for the company in a report on Thursday, August 22nd. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently 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.