National Bank Financial Weighs in on BRP Q2 Earnings

BRP Inc. (NASDAQ:DOOO - Free Report) - National Bank Financial issued their Q2 2026 EPS estimates for shares of BRP in a research note issued on Thursday, May 29th. National Bank Financial analyst C. Doerksen expects that the company will earn $0.26 per share for the quarter. The consensus estimate for BRP's current full-year earnings is $3.15 per share.

Other equities analysts also recently issued reports about the stock. Robert W. Baird reaffirmed a "neutral" rating and set a $43.00 target price (down from $48.00) on shares of BRP in a research note on Friday, April 4th. UBS Group cut their price target on shares of BRP from $45.00 to $35.00 and set a "neutral" rating for the company in a report on Wednesday, April 23rd. Raymond James reaffirmed a "strong-buy" rating on shares of BRP in a research report on Thursday, March 27th. Wall Street Zen upgraded BRP from a "hold" rating to a "buy" rating in a research report on Friday. Finally, TD Securities raised BRP from a "hold" rating to a "strong-buy" rating in a research note on Friday. Eight equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $53.75.

BRP Trading Up 1.6%

Shares of NASDAQ DOOO traded up $0.70 during trading on Monday, hitting $45.24. 173,083 shares of the company were exchanged, compared to its average volume of 165,455. The company has a fifty day moving average price of $35.64 and a 200-day moving average price of $42.79. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.57 and a current ratio of 1.37. The firm has a market capitalization of $3.30 billion, a PE ratio of 24.06 and a beta of 1.17. BRP has a 12-month low of $31.78 and a 12-month high of $74.00.

BRP (NASDAQ:DOOO - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.29 by $0.04. The firm had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.78 billion. BRP had a return on equity of 61.20% and a net margin of 2.29%.

BRP Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be paid a $0.1557 dividend. The ex-dividend date of this dividend is Monday, June 30th. This is a boost from BRP's previous quarterly dividend of $0.15. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.38%. BRP's payout ratio is presently -143.90%.

Institutional Investors Weigh In On BRP

Institutional investors and hedge funds have recently modified their holdings of the company. FIL Ltd grew its position in BRP by 176.2% in the 4th quarter. FIL Ltd now owns 792,000 shares of the company's stock valued at $40,337,000 after acquiring an additional 505,228 shares in the last quarter. CIBC Asset Management Inc boosted its stake in shares of BRP by 14.0% in the fourth quarter. CIBC Asset Management Inc now owns 133,038 shares of the company's stock valued at $7,270,000 after purchasing an additional 16,379 shares during the period. Invesco Ltd. grew its holdings in shares of BRP by 18.1% in the fourth quarter. Invesco Ltd. now owns 1,163,257 shares of the company's stock valued at $59,175,000 after purchasing an additional 178,039 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of BRP in the fourth quarter valued at approximately $916,000. Finally, Alberta Investment Management Corp increased its stake in BRP by 44.2% during the 4th quarter. Alberta Investment Management Corp now owns 47,300 shares of the company's stock worth $2,408,000 after buying an additional 14,500 shares during the period.

BRP Company Profile

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.