Insider Selling: BRP Inc (DOO) Insider Sells 5,000 Shares of Stock
BRP Inc (TSE:DOO) insider Breton Anne Le sold 5,000 shares of the company’s stock in a transaction on Monday, July 10th. The shares were sold at an average price of C$39.00, for a total transaction of C$195,000.00.
BRP Inc (DOO) traded up 0.05% on Tuesday, reaching $39.41. 126,405 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $36.04 and its 200 day moving average price is $30.56. The company has a market cap of $4.41 billion and a PE ratio of 34.75. BRP Inc has a 12 month low of $19.98 and a 12 month high of $40.55.
BRP (TSE:DOO) last announced its earnings results on Friday, June 9th. The company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.15. BRP had a negative net margin of 1.93% and a negative return on equity of 47.28%. The firm had revenue of $956.20 million for the quarter, compared to analysts’ expectations of $1.03 billion. On average, equities analysts expect that BRP Inc will post $2.35 EPS for the current fiscal year.
ILLEGAL ACTIVITY WARNING: “Insider Selling: BRP Inc (DOO) Insider Sells 5,000 Shares of Stock” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this piece on another domain, it was illegally stolen and republished in violation of US and international copyright legislation. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/07/11/insider-selling-brp-inc-doo-insider-sells-5000-shares-of-stock.html.
Several research analysts recently issued reports on DOO shares. BMO Capital Markets reissued an “outperform” rating and set a C$38.00 target price on shares of BRP in a research note on Monday, March 27th. Royal Bank Of Canada increased their target price on shares of BRP from C$33.00 to C$34.00 and gave the stock an “outperform” rating in a research note on Monday, March 27th. Desjardins increased their target price on shares of BRP from C$33.00 to C$35.00 and gave the stock a “buy” rating in a research note on Monday, March 27th. CIBC increased their target price on shares of BRP from C$33.00 to C$34.00 in a research note on Monday, March 27th. Finally, Scotiabank reissued an “outperform” rating and set a C$32.00 target price on shares of BRP in a research note on Wednesday, March 22nd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of C$39.29.
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.
Receive News & Ratings for BRP Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP Inc and related companies with MarketBeat.com's FREE daily email newsletter.