BRP (DOOO) Projected to Post Earnings on Wednesday

BRP (NASDAQ:DOOO) is anticipated 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 Performance

Shares of DOOO stock opened at $36.65 on Monday. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 19.49 and a beta of 2.03. The stock has a 50 day simple moving average of $44.18 and a 200-day simple moving average of $50.30. BRP has a 12-month low of $36.27 and a 12-month high of $75.59. The company has a current ratio of 1.37, a quick ratio of 0.57 and a debt-to-equity ratio of 5.19.

Analyst Upgrades and Downgrades

Separately, Citigroup cut BRP from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $48.00 to $29.00 in a report on Thursday. One analyst has rated the stock with a sell rating, six have given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus 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.