BRP (DOOO) Projected to Post Quarterly Earnings on Wednesday

BRP (NASDAQ:DOOO - Get Free Report) is projected to issue its quarterly earnings data 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 Trading Down 1.5 %

NASDAQ:DOOO traded down $0.56 on Friday, reaching $36.65. The stock had a trading volume of 293,274 shares, compared to its average volume of 141,231. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 19.49 and a beta of 2.03. BRP has a 12-month low of $36.27 and a 12-month 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. The firm's fifty day moving average is $44.18 and its two-hundred day moving average is $50.56.

Analyst Ratings Changes

Separately, Citigroup lowered shares of BRP from a "neutral" rating to a "sell" rating and cut their price objective for the stock from $48.00 to $29.00 in a report on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average 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.