Stifel Canada Issues Pessimistic Estimate for BRP Earnings

BRP Inc. (TSE:DOO - Free Report) - Stifel Canada lowered their Q1 2026 earnings estimates for BRP in a note issued to investors on Tuesday, April 29th. Stifel Canada analyst M. Landry now forecasts that the company will post earnings per share of $0.45 for the quarter, down from their prior estimate of $0.53. The consensus estimate for BRP's current full-year earnings is $6.89 per share. Stifel Canada also issued estimates for BRP's Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $1.15 EPS and Q4 2026 earnings at $1.47 EPS.

A number of other equities analysts have also weighed in on DOO. Citigroup raised shares of BRP from a "sell" rating to a "neutral" rating and boosted their price objective for the company from C$39.00 to C$52.00 in a research report on Friday, April 4th. Canaccord Genuity Group cut their price target on BRP from C$80.00 to C$60.00 in a report on Friday, March 21st. TD Securities decreased their price objective on BRP from C$70.00 to C$65.00 and set a "hold" rating on the stock in a report on Thursday, March 27th. Royal Bank of Canada dropped their target price on BRP from C$99.00 to C$69.00 in a research note on Friday, March 28th. Finally, Baird R W lowered BRP from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Eleven analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of C$70.00.

BRP Price Performance

Shares of DOO stock traded down C$1.16 during mid-day trading on Thursday, reaching C$45.64. The stock had a trading volume of 32,663 shares, compared to its average volume of 183,960. BRP has a 12-month low of C$43.88 and a 12-month high of C$102.16. The company has a current ratio of 1.37, a quick ratio of 0.20 and a debt-to-equity ratio of 573.79. The business has a 50-day simple moving average of C$51.31 and a 200 day simple moving average of C$63.28. The company has a market cap of C$3.36 billion, a P/E ratio of 17.20, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28.

BRP Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, April 18th were issued a $0.215 dividend. This is a positive change from BRP's previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Friday, April 4th. BRP's payout ratio is 31.66%.

About BRP

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.