Stifel Canada Has Negative Estimate for BRP Q1 Earnings

BRP Inc. (NASDAQ:DOOO - Free Report) - Equities researchers at Stifel Canada lowered their Q1 2026 earnings estimates for shares of BRP in a research note issued to investors on Tuesday, April 29th. Stifel Canada analyst M. Landry now anticipates that the company will post earnings per share of $0.32 for the quarter, down from their previous forecast of $0.37. The consensus estimate for BRP's current full-year earnings is $3.15 per share. Stifel Canada also issued estimates for BRP's Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.83 EPS, Q4 2026 earnings at $1.06 EPS, FY2026 earnings at $2.40 EPS and FY2027 earnings at $3.96 EPS.

BRP (NASDAQ:DOOO - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.07. BRP had a net margin of 2.29% and a return on equity of 61.20%. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.97 billion.

Several other equities research analysts have also recently issued reports on DOOO. Baird R W downgraded shares of BRP from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Citigroup upgraded BRP from a "sell" rating to a "neutral" rating and increased their price target for the stock from $27.00 to $37.00 in a research report on Friday, April 4th. Robert W. Baird restated a "neutral" rating and set a $43.00 price target (down from $48.00) on shares of BRP in a research report on Friday, April 4th. TD Securities reaffirmed a "hold" rating on shares of BRP in a research report on Thursday, March 27th. Finally, UBS Group dropped their price target on shares of BRP from $45.00 to $35.00 and set a "neutral" rating for the company in a research report on Wednesday, April 23rd. Ten equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $53.75.

BRP Price Performance

DOOO traded down $0.63 during trading on Thursday, reaching $33.91. 119,474 shares of the company traded hands, compared to its average volume of 156,864. The firm has a fifty day simple moving average of $36.35 and a 200 day simple moving average of $44.76. BRP has a 12-month low of $31.78 and a 12-month high of $74.00. The company has a market cap of $2.48 billion, a P/E ratio of 18.04 and a beta of 1.17. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.57 and a current ratio of 1.37.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DOOO. Addenda Capital Inc. boosted its position in shares of BRP by 10.3% during the 1st quarter. Addenda Capital Inc. now owns 14,699 shares of the company's stock valued at $497,000 after acquiring an additional 1,368 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of BRP by 71.7% in the fourth quarter. Mackenzie Financial Corp now owns 1,639,265 shares of the company's stock valued at $83,399,000 after purchasing an additional 684,651 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in BRP by 401.3% in the 4th quarter. Public Employees Retirement System of Ohio now owns 15,019 shares of the company's stock valued at $765,000 after purchasing an additional 12,023 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in BRP by 0.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 35,827 shares of the company's stock valued at $1,823,000 after buying an additional 293 shares during the last quarter. Finally, Turtle Creek Asset Management Inc. raised its holdings in BRP by 29.0% in the 4th quarter. Turtle Creek Asset Management Inc. now owns 2,970,680 shares of the company's stock valued at $151,118,000 after acquiring an additional 668,607 shares in the last quarter.

BRP Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, April 4th were issued a $0.1508 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.78%. This is a positive change from BRP's previous quarterly dividend of $0.15. BRP's dividend payout ratio is presently -29.21%.

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.