Scotiabank Has Bullish Forecast for BRP FY2026 Earnings

BRP Inc. (TSE:DOO - Free Report) - Investment analysts at Scotiabank boosted their FY2026 earnings per share estimates for shares of BRP in a report released on Monday, June 9th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $3.75 for the year, up from their prior estimate of $3.50. The consensus estimate for BRP's current full-year earnings is $6.89 per share.

Other analysts have also issued research reports about the company. Stifel Nicolaus cut their price target on BRP from C$58.00 to C$49.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. National Bankshares dropped their price objective on BRP from C$65.00 to C$61.00 and set a "sector perform" rating for the company in a research note on Thursday, May 22nd. BMO Capital Markets dropped their price objective on BRP from C$100.00 to C$70.00 in a research note on Thursday, March 27th. Stifel Canada raised BRP from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 29th. Finally, TD Securities raised BRP from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Nine equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of C$69.79.

BRP Stock Performance

Shares of DOO traded down C$0.92 during trading hours on Thursday, hitting C$66.39. The stock had a trading volume of 165,702 shares, compared to its average volume of 196,321. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. BRP has a 12 month low of C$43.88 and a 12 month high of C$102.16. The firm has a market capitalization of C$4.88 billion, a PE ratio of 25.02, a PEG ratio of 2.05 and a beta of 2.28. The stock has a fifty day moving average price of C$52.08 and a 200 day moving average price of C$60.67.

BRP Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, April 18th were given a dividend of $0.215 per share. The ex-dividend date was Friday, April 4th. This is an increase from BRP's previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 1.30%. 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.