Shares of BRP Inc. (TSE:DOO – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$103.93.
Several research firms have commented on DOO. National Bank Financial upgraded shares of BRP from a “hold” rating to an “outperform” rating and boosted their price target for the stock from C$98.00 to C$112.00 in a research note on Thursday, September 3rd. TD Securities upgraded BRP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Citigroup boosted their price objective on shares of BRP from C$106.00 to C$110.00 and gave the stock a “buy” rating in a research report on Tuesday, September 8th. Finally, TD upgraded shares of BRP from a “hold” rating to a “buy” rating and upped their target price for the company from C$92.00 to C$106.00 in a report on Wednesday, August 19th.
Get Our Latest Stock Analysis on DOO
BRP Trading Up 6.1%
Shares of DOO stock opened at C$79.28 on Friday. BRP has a fifty-two week low of C$67.11 and a fifty-two week high of C$112.26. The company has a 50 day moving average price of C$84.28 and a 200 day moving average price of C$84.54. The stock has a market capitalization of C$5.64 billion, a P/E ratio of 52.50, a price-to-earnings-growth ratio of 2.05 and a beta of 0.79. The company has a debt-to-equity ratio of 912.53, a quick ratio of 0.20 and a current ratio of 1.19.
BRP (TSE:DOO – Get Free Report) last released its earnings results on Thursday, September 3rd. The company reported C($0.18) earnings per share (EPS) for the quarter. The business had revenue of C$2.24 billion for the quarter. BRP had a return on equity of 20.51% and a net margin of 1.21%. Equities research analysts predict that BRP will post 6.89 EPS for the current fiscal year.
BRP Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, October 13th. Investors of record on Tuesday, October 13th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Tuesday, September 29th. BRP’s dividend payout ratio (DPR) is currently 61.59%.
About BRP
BRP Inc is a global leader in the world of powersports products and powertrains, built on over 80 years of ingenuity, innovation, and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on- and off-road vehicles, Quintrex boats as well as Rotax engines for karts, recreational aircraft and jet boats, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds.
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