BRP (DOOO) Projected to Post Earnings on Wednesday

BRP (NASDAQ:DOOO) is projected to release its earnings data before the market opens on Wednesday, March 26th. Analysts expect BRP to post earnings of $0.62 per share and revenue of $1.97 billion for the quarter.

BRP Stock Down 1.5 %

NASDAQ:DOOO opened at $36.65 on Monday. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 19.49 and a beta of 2.03. BRP has a one year low of $36.27 and a one year high of $75.59. The stock has a 50-day simple moving average of $44.18 and a 200 day simple moving average of $50.30. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.57 and a current ratio of 1.37.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded BRP from a “neutral” rating to a “sell” rating and decreased their target price for the company from $48.00 to $29.00 in a research note on Thursday. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $87.80.

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.