BRP (DOOO) Projected to Post Quarterly Earnings on Wednesday

BRP (NASDAQ:DOOO) is expected to announce 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 Stock Performance

NASDAQ:DOOO opened at $39.11 on Wednesday. The stock has a fifty day moving average price of $44.99 and a 200-day moving average price of $50.99. The company has a market cap of $2.86 billion, a price-to-earnings ratio of 20.80 and a beta of 2.03. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.57 and a current ratio of 1.37. BRP has a fifty-two week low of $36.63 and a fifty-two week high of $75.59.

Wall Street Analyst Weigh In

Separately, Citigroup cut BRP from a “buy” rating to a “neutral” rating in a report on Monday, February 3rd. Seven equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $97.00.

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.