Equities analysts predict that BRP Inc (NASDAQ:DOOO) will report $1.00 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have made estimates for BRP’s earnings, with the highest sales estimate coming in at $1.02 billion and the lowest estimate coming in at $979.34 million. The business is expected to report its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that BRP will report full-year sales of $3.89 billion for the current fiscal year, with estimates ranging from $3.78 billion to $3.95 billion. For the next year, analysts expect that the firm will post sales of $4.24 billion, with estimates ranging from $4.12 billion to $4.37 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover BRP.

Several brokerages have recently weighed in on DOOO. Desjardins reiterated a “buy” rating on shares of BRP in a research note on Tuesday, October 9th. National Bank Financial upgraded shares of BRP from a “sector perform overweight” rating to an “outperform overweight” rating in a research note on Tuesday, October 9th. Royal Bank of Canada upgraded shares of BRP from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, October 9th. Robert W. Baird began coverage on shares of BRP in a research note on Tuesday, October 9th. They set an “outperform” rating on the stock. Finally, UBS Group started coverage on shares of BRP in a research note on Tuesday, October 9th. They set a “buy” rating on the stock. Four research analysts have rated the stock with a buy rating, BRP has a consensus rating of “Buy”.

Shares of BRP stock traded down $0.02 on Thursday, hitting $37.50. 8,100 shares of the company’s stock were exchanged, compared to its average volume of 66,979. BRP has a 1 year low of $33.58 and a 1 year high of $55.41.

Several institutional investors and hedge funds have recently added to or reduced their stakes in DOOO. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of BRP during the 3rd quarter valued at $100,000. Shell Asset Management Co. bought a new stake in BRP in the 3rd quarter valued at $177,000. Annex Advisory Services LLC bought a new stake in BRP in the 3rd quarter valued at $272,000. Bank of New York Mellon Corp bought a new stake in BRP in the 3rd quarter valued at $300,000. Finally, CLARET ASSET MANAGEMENT Corp bought a new stake in BRP in the 3rd quarter valued at $300,000. Institutional investors own 4.80% of the company’s stock.

About BRP

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and propulsion systems worldwide. The company offers all-terrain, side-by-side, and spyder vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircrafts.

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