Bombardier Recreational Products (TSE:DOO) – Analysts at Northcoast Research upped their Q1 2019 earnings per share estimates for shares of Bombardier Recreational Products in a research note issued to investors on Monday, May 14th. Northcoast Research analyst S. Woolf now anticipates that the company will post earnings of $0.21 per share for the quarter, up from their previous estimate of $0.15. Northcoast Research also issued estimates for Bombardier Recreational Products’ Q2 2019 earnings at $0.30 EPS, Q3 2019 earnings at $1.07 EPS, Q4 2019 earnings at $1.22 EPS, FY2019 earnings at $2.80 EPS, Q1 2020 earnings at $0.22 EPS, Q2 2020 earnings at $0.36 EPS, Q3 2020 earnings at $1.33 EPS, Q4 2020 earnings at $1.44 EPS and FY2020 earnings at $3.35 EPS.

Bombardier Recreational Products (TSE:DOO) last posted its earnings results on Wednesday, March 21st. The company reported C$0.96 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.90 by C$0.06. The business had revenue of C$1.26 billion for the quarter, compared to analysts’ expectations of C$1.23 billion.

Other equities analysts also recently issued reports about the stock. CIBC raised their target price on shares of Bombardier Recreational Products from C$54.00 to C$56.00 in a report on Thursday, March 22nd. Desjardins raised their target price on shares of Bombardier Recreational Products from C$54.00 to C$58.00 and gave the company a “buy” rating in a report on Friday, March 23rd. BMO Capital Markets raised their target price on shares of Bombardier Recreational Products from C$54.00 to C$56.00 and gave the company an “outperform” rating in a report on Thursday, March 22nd. National Bank Financial upgraded shares of Bombardier Recreational Products from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$54.00 to C$57.00 in a report on Thursday, March 22nd. Finally, Royal Bank of Canada raised their target price on shares of Bombardier Recreational Products from C$49.00 to C$51.00 and gave the company a “sector perform” rating in a report on Thursday, March 22nd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$54.78.

Bombardier Recreational Products opened at C$51.90 on Tuesday, MarketBeat Ratings reports. Bombardier Recreational Products has a twelve month low of C$31.25 and a twelve month high of C$55.70.

In other Bombardier Recreational Products news, insider Anne-Marie Laberge sold 7,325 shares of the firm’s stock in a transaction dated Thursday, April 5th. The shares were sold at an average price of C$50.58, for a total transaction of C$370,498.50.

Bombardier Recreational Products 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.

Earnings History and Estimates for Bombardier Recreational Products (TSE:DOO)

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