FY2028 Earnings Estimate for BRP Issued By Stifel Canada

Key Points

• Stifel Canada forecasts BRP Inc. will earn $7.84 per share in FY2028, surpassing the current consensus estimate of $6.89 per share.
• Analysts have raised their price targets for BRP, with figures now ranging from C$101.00 to C$116.00, while maintaining a "Moderate Buy" average rating.
• The company has announced a quarterly dividend of $0.215 per share, with an annualized yield of 1.0% and an ex-dividend date of September 29th.

BRP Inc. (TSE:DOO - Free Report) - Stifel Canada issued their FY2028 EPS estimates for BRP in a report released on Thursday, October 9th. Stifel Canada analyst M. Landry forecasts that the company will earn $7.84 per share for the year. The consensus estimate for BRP's current full-year earnings is $6.89 per share.

A number of other analysts have also recently issued reports on the stock. National Bankshares increased their price objective on shares of BRP from C$83.00 to C$101.00 and gave the stock a "sector perform" rating in a research note on Tuesday, September 2nd. BMO Capital Markets increased their price objective on shares of BRP from C$75.00 to C$105.00 in a research note on Tuesday, September 2nd. Stifel Nicolaus increased their price objective on shares of BRP from C$97.00 to C$106.00 and gave the stock a "buy" rating in a research note on Friday. Canaccord Genuity Group raised their target price on shares of BRP from C$108.00 to C$116.00 and gave the company a "buy" rating in a research note on Friday. Finally, Citigroup raised shares of BRP from a "hold" rating to a "buy" rating and raised their target price for the company from C$93.00 to C$102.00 in a research note on Wednesday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$93.69.

BRP Stock Performance

Shares of TSE DOO opened at C$89.39 on Monday. The firm has a fifty day moving average price of C$84.03 and a 200-day moving average price of C$67.07. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. The stock has a market cap of C$6.54 billion, a PE ratio of -178.78, a price-to-earnings-growth ratio of 2.05 and a beta of 1.12. BRP has a 1 year low of C$43.88 and a 1 year high of C$95.15.

BRP Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, October 14th will be paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, September 29th. BRP's dividend payout ratio (DPR) is presently -170.00%.

BRP Company Profile

BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after discontinuing the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers.

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