Important negative changes in BRP Inc (NASDAQ: DOOO) fundamentals have recently occurred: the consensus estimate for January, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for January, 2025 decreased significantly.
Important negative changes in BRP Inc (NASDAQ: DOOO) investment behavior have recently occurred: its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
DOOO is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
BRP has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. BRP has a good Appreciation Score of 81 but a poor Power Rating of 27, resulting in the Neutral Value Trend Rating.
Recent Price Action
BRP Inc (NASDAQ: DOOO) stock declined modestly by -1.2% on 6/7/24. The stock closed at $62.57. However, trading volume in this decline was below average at 79% of normal. The stock has been weak relative to the market over the last nine months and has declined -5.7% during the last week.
Be the first to comment