BRP Inc (TSE:DOO) – Analysts at Desjardins decreased their Q4 2018 earnings per share (EPS) estimates for shares of BRP in a research report issued on Monday. Desjardins analyst B. Poirier now anticipates that the company will post earnings per share of $0.90 for the quarter, down from their prior estimate of $0.99. Desjardins also issued estimates for BRP’s FY2019 earnings at $2.64 EPS.

DOO has been the topic of several other research reports. UBS raised BRP from a “neutral” rating to a “buy” rating and increased their target price for the company from C$40.00 to C$47.00 in a research report on Saturday, September 23rd. BMO Capital Markets increased their target price on BRP from C$46.00 to C$50.00 and gave the company an “outperform” rating in a research report on Monday, September 25th. National Bank Financial increased their target price on BRP from C$46.00 to C$49.00 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. Scotiabank reaffirmed an “outperform” rating and set a C$46.00 target price on shares of BRP in a research report on Wednesday, October 18th. Finally, Canaccord Genuity increased their target price on BRP from C$50.00 to C$51.00 and gave the company a “buy” rating in a research report on Wednesday, November 22nd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of C$52.50.

Shares of BRP (DOO) traded up C$0.21 during trading hours on Tuesday, reaching C$48.09. The company had a trading volume of 78,377 shares, compared to its average volume of 111,568. BRP has a 52 week low of C$25.19 and a 52 week high of C$50.00.

The business also recently announced a Not Available dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, December 28th. BRP’s dividend payout ratio (DPR) is presently 7.54%.

In other news, insider Sandy Scullion sold 700 shares of the stock in a transaction on Monday, October 16th. The stock was sold at an average price of C$40.70, for a total transaction of C$28,490.00. Also, insider Martin Langelier sold 38,775 shares of the stock in a transaction on Thursday, September 21st. The shares were sold at an average price of C$41.00, for a total value of C$1,589,775.00. Insiders have sold a total of 39,675 shares of company stock worth $1,626,205 in the last ninety days.

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BRP Company Profile

BRP Inc is engaged in the design, development, manufacturing, distribution and marketing of power sports vehicles and propulsion systems. The Company manufactures and sells Year-Round Products consisting of all-terrain vehicles (ATVs), side-by-side vehicles (SSVs) and roadsters; Seasonal Products consisting of snowmobiles and personal watercrafts (PWCs), and Propulsion Products consisting of engines for outboard and jet boats, karts, motorcycles and recreational aircraft.

Earnings History and Estimates for BRP (TSE:DOO)

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