Stifel Canada Has Bearish Forecast for BRP FY2026 Earnings

BRP Inc. (TSE:DOO - Free Report) - Stifel Canada decreased their FY2026 earnings per share (EPS) estimates for shares of BRP in a research report issued to clients and investors on Tuesday, April 29th. Stifel Canada analyst M. Landry now anticipates that the company will earn $3.33 per share for the year, down from their prior forecast of $3.85. The consensus estimate for BRP's current full-year earnings is $6.89 per share. Stifel Canada also issued estimates for BRP's FY2027 earnings at $5.50 EPS.

Several other brokerages have also recently commented on DOO. Raymond James cut their price target on shares of BRP from C$98.00 to C$65.00 in a research report on Thursday, March 27th. CIBC dropped their target price on BRP from C$82.00 to C$64.00 in a report on Thursday, March 27th. Canaccord Genuity Group decreased their price target on BRP from C$80.00 to C$60.00 in a research note on Friday, March 21st. UBS Group lowered their price target on BRP from C$64.00 to C$50.00 in a research report on Wednesday, April 23rd. Finally, BMO Capital Markets cut their price objective on BRP from C$100.00 to C$70.00 in a report on Thursday, March 27th. Eleven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of C$70.00.

BRP Stock Up 2.2 %

Shares of DOO stock traded up C$1.03 during trading on Friday, reaching C$47.75. The company's stock had a trading volume of 159,041 shares, compared to its average volume of 186,823. The company has a market cap of C$3.51 billion, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. BRP has a one year low of C$43.88 and a one year high of C$102.16. The business has a fifty day moving average price of C$51.53 and a 200-day moving average price of C$63.51. The company has a quick ratio of 0.20, a current ratio of 1.37 and a debt-to-equity ratio of 573.79.

BRP Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 18th. Investors of record on Friday, April 18th were paid a $0.215 dividend. The ex-dividend date was Friday, April 4th. This represents a $0.86 dividend on an annualized basis and a yield of 1.80%. This is a positive change from BRP's previous quarterly dividend of $0.21. BRP's dividend 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.