BRP (DOOO) to Release Earnings on Wednesday

BRP (NASDAQ:DOOO) is expected to be announcing its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.62 per share and revenue of $1.97 billion for the quarter.

BRP Price Performance

DOOO opened at $38.10 on Tuesday. The firm has a market capitalization of $2.78 billion, a PE ratio of 20.27 and a beta of 2.03. The business’s 50-day moving average is $43.91 and its two-hundred day moving average is $50.10. BRP has a 1 year low of $36.27 and a 1 year high of $75.59. The company has a debt-to-equity ratio of 5.19, a current ratio of 1.37 and a quick ratio of 0.57.

Analysts Set New Price Targets

Separately, Citigroup cut shares of 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 report on Thursday, March 20th. 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 company. According to data from MarketBeat.com, BRP currently has an average rating of “Hold” and an average target price of $87.80.

About BRP

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.