Equities Analysts Issue Forecasts for BRP FY2026 Earnings

BRP Inc. (NASDAQ:DOOO - Free Report) - Equities research analysts at Scotiabank lifted their FY2026 EPS estimates for shares of BRP in a research report issued to clients and investors on Monday, June 9th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $2.74 for the year, up from their prior estimate of $2.52. The consensus estimate for BRP's current full-year earnings is $3.15 per share.

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

DOOO has been the subject of several other reports. Wall Street Zen raised shares of BRP from a "hold" rating to a "buy" rating in a report on Friday, May 30th. Desjardins raised shares of BRP from a "hold" rating to a "buy" rating in a report on Friday, May 30th. Stifel Canada raised shares of BRP from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 29th. Citigroup raised shares of BRP from a "sell" rating to a "neutral" rating and lifted their target price for the company from $27.00 to $37.00 in a report on Friday, April 4th. Finally, UBS Group cut their target price 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. Eight analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $38.33.

BRP Stock Performance

Shares of NASDAQ:DOOO traded down $0.94 during trading on Thursday, hitting $47.89. 131,324 shares of the stock traded hands, compared to its average volume of 168,353. The company has a quick ratio of 0.57, a current ratio of 1.37 and a debt-to-equity ratio of 5.19. The company has a market cap of $3.50 billion, a price-to-earnings ratio of 25.47 and a beta of 1.23. The company has a fifty day moving average price of $37.88 and a two-hundred day moving average price of $42.72. BRP has a 52-week low of $31.78 and a 52-week high of $74.00.

Institutional Investors Weigh In On BRP

Large investors have recently modified their holdings of the business. Quadrant Capital Group LLC grew its holdings in shares of BRP by 259.3% during the fourth quarter. Quadrant Capital Group LLC now owns 679 shares of the company's stock worth $35,000 after buying an additional 490 shares in the last quarter. Signaturefd LLC boosted its position in shares of BRP by 296.1% during the 4th quarter. Signaturefd LLC now owns 1,208 shares of the company's stock valued at $61,000 after acquiring an additional 903 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of BRP during the 1st quarter valued at about $70,000. Dnca Finance raised its holdings in BRP by 36.1% in the 4th quarter. Dnca Finance now owns 1,390 shares of the company's stock valued at $71,000 after buying an additional 369 shares during the period. Finally, C M Bidwell & Associates Ltd. purchased a new stake in BRP in the 4th quarter valued at about $77,000.

BRP Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.1557 per share. This is a positive change from BRP's previous quarterly dividend of $0.15. The ex-dividend date is Monday, June 30th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.30%. BRP's dividend payout ratio is presently -151.22%.

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.