Wall Street brokerages predict that BRP Inc (NASDAQ:DOOO) will report earnings per share (EPS) of $0.61 for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for BRP’s earnings, with estimates ranging from $0.58 to $0.62. BRP posted earnings per share of $0.76 during the same quarter last year, which would suggest a negative year-over-year growth rate of 19.7%. The company is scheduled to issue its next earnings results on Wednesday, March 20th.

According to Zacks, analysts expect that BRP will report full year earnings of $2.28 per share for the current year, with EPS estimates ranging from $2.26 to $2.30. For the next year, analysts expect that the company will post earnings of $2.69 per share, with EPS estimates ranging from $2.66 to $2.72. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow BRP.

BRP (NASDAQ:DOOO) last issued its earnings results on Friday, November 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.05. BRP had a net margin of 5.20% and a negative return on equity of 103.25%. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1 billion.

Several analysts recently commented on DOOO shares. GMP Securities started coverage on shares of BRP in a research report on Monday, December 3rd. They issued a “buy” rating for the company. Canaccord Genuity reiterated a “buy” rating on shares of BRP in a research report on Sunday, December 2nd. National Bank Financial reiterated a “buy” rating on shares of BRP in a research report on Tuesday, November 27th. Desjardins reiterated a “buy” rating on shares of BRP in a research report on Tuesday, October 9th. Finally, UBS Group started coverage on shares of BRP in a research report on Tuesday, October 9th. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy”.

Shares of BRP stock traded down $0.58 during trading hours on Monday, hitting $29.46. The company had a trading volume of 305 shares, compared to its average volume of 37,991. BRP has a twelve month low of $23.90 and a twelve month high of $55.41. The stock has a market cap of $2.83 billion and a price-to-earnings ratio of 15.91.

The business also recently declared a quarterly dividend, which was paid on Friday, January 11th. Stockholders of record on Friday, December 28th were issued a $0.0679 dividend. The ex-dividend date of this dividend was Thursday, December 27th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.92%. BRP’s dividend payout ratio is presently 14.59%.

Institutional investors and hedge funds have recently made changes to their positions in the company. American Century Companies Inc. purchased a new position in shares of BRP in the 3rd quarter valued at about $48,156,000. CLARET ASSET MANAGEMENT Corp purchased a new position in shares of BRP in the 3rd quarter valued at about $300,000. ARP Americas LP purchased a new position in shares of BRP in the 3rd quarter valued at about $320,000. CIBC Asset Management Inc purchased a new position in shares of BRP in the 3rd quarter valued at about $877,000. Finally, FIL Ltd purchased a new position in shares of BRP in the 3rd quarter valued at about $231,813,000. Institutional investors and hedge funds own 28.61% of the company’s stock.

BRP Company Profile

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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