National Bank Financial Predicts BRP Q2 Earnings

BRP Inc. (NASDAQ:DOOO - Free Report) - Stock analysts at National Bank Financial issued their Q2 2026 earnings estimates for shares of BRP in a research report issued on Thursday, May 29th. National Bank Financial analyst C. Doerksen anticipates 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.

DOOO has been the subject of a number of other reports. Wall Street Zen upgraded shares of BRP from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. Desjardins upgraded shares of BRP from a "hold" rating to a "buy" rating in a research note on Friday, May 30th. UBS Group cut their price target on BRP from $45.00 to $35.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. Citigroup raised BRP from a "sell" rating to a "neutral" rating and raised their price target for the company from $27.00 to $37.00 in a report on Friday, April 4th. Finally, Stifel Canada raised BRP from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 29th. Eight research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $38.33.

BRP Stock Performance

Shares of NASDAQ DOOO traded up $0.47 during midday trading on Monday, hitting $47.06. 166,002 shares of the company's stock traded hands, compared to its average volume of 165,441. The firm has a fifty day moving average of $36.35 and a 200 day moving average of $42.82. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 25.03 and a beta of 1.17. BRP has a 1 year low of $31.78 and a 1 year high of $74.00. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.57 and a current ratio of 1.37.

BRP (NASDAQ:DOOO - Get Free Report) last released 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. BRP had a net margin of 2.29% and a return on equity of 61.20%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.78 billion.

Hedge Funds Weigh In On BRP

Institutional investors and hedge funds have recently modified their holdings of the stock. Acadian Asset Management LLC purchased a new position in BRP during the first quarter worth $70,000. Jane Street Group LLC raised its position in BRP by 110.9% in the 1st quarter. Jane Street Group LLC now owns 138,051 shares of the company's stock worth $4,663,000 after purchasing an additional 72,581 shares during the period. Goldman Sachs Group Inc. lifted its stake in BRP by 144.4% in the first quarter. Goldman Sachs Group Inc. now owns 723,443 shares of the company's stock worth $24,460,000 after purchasing an additional 427,434 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of BRP by 28,660.0% during the first quarter. Jones Financial Companies Lllp now owns 21,570 shares of the company's stock valued at $729,000 after buying an additional 21,495 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of BRP during the first quarter valued at approximately $207,000.

BRP Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.1557 per share. This is a boost from BRP's previous quarterly dividend of $0.15. This represents a $0.62 annualized dividend and a yield of 1.32%. The ex-dividend date is Monday, June 30th. BRP's payout ratio is presently -143.90%.

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.