We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is BRP (DOOO) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
Read MoreHide Full Article
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has BRP Inc. (DOOO - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.
BRP Inc. is a member of the Auto-Tires-Trucks sector. This group includes 96 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BRP Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for DOOO's full-year earnings has moved 8.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, DOOO has gained about 4.3% so far this year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of -11.8% on a year-to-date basis. This means that BRP Inc. is performing better than its sector in terms of year-to-date returns.
Another Auto-Tires-Trucks stock, which has outperformed the sector so far this year, is Hesai Group Sponsored ADR (HSAI - Free Report) . The stock has returned 47.7% year-to-date.
For Hesai Group Sponsored ADR, the consensus EPS estimate for the current year has increased 17.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, BRP Inc. belongs to the Automotive - Original Equipment industry, a group that includes 50 individual stocks and currently sits at #72 in the Zacks Industry Rank. Stocks in this group have gained about 9.5% so far this year, so DOOO is slightly underperforming its industry this group in terms of year-to-date returns. Hesai Group Sponsored ADR is also part of the same industry.
BRP Inc. and Hesai Group Sponsored ADR could continue their solid performance, so investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is BRP (DOOO) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has BRP Inc. (DOOO - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.
BRP Inc. is a member of the Auto-Tires-Trucks sector. This group includes 96 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BRP Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for DOOO's full-year earnings has moved 8.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, DOOO has gained about 4.3% so far this year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of -11.8% on a year-to-date basis. This means that BRP Inc. is performing better than its sector in terms of year-to-date returns.
Another Auto-Tires-Trucks stock, which has outperformed the sector so far this year, is Hesai Group Sponsored ADR (HSAI - Free Report) . The stock has returned 47.7% year-to-date.
For Hesai Group Sponsored ADR, the consensus EPS estimate for the current year has increased 17.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, BRP Inc. belongs to the Automotive - Original Equipment industry, a group that includes 50 individual stocks and currently sits at #72 in the Zacks Industry Rank. Stocks in this group have gained about 9.5% so far this year, so DOOO is slightly underperforming its industry this group in terms of year-to-date returns. Hesai Group Sponsored ADR is also part of the same industry.
BRP Inc. and Hesai Group Sponsored ADR could continue their solid performance, so investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to these stocks.