BRP Inc. to Post FY2025 Earnings of $2.19 Per Share, DA Davidson Forecasts (NASDAQ:DOOO)

BRP Inc. (NASDAQ:DOOO) – Stock analysts at DA Davidson cut their FY2025 EPS estimates for BRP in a report released on Tuesday, September 10th. DA Davidson analyst B. Rolle now forecasts that the company will post earnings per share of $2.19 for the year, down from their previous estimate of $4.47. The consensus estimate for BRP’s current full-year earnings is $2.20 per share. DA Davidson also issued estimates for BRP’s FY2026 earnings at $4.38 EPS.

Several other analysts have also issued reports on the company. National Bank Financial lowered BRP from an “outperform” rating to a “sector perform” rating in a report on Wednesday, August 21st. Stifel Nicolaus lowered shares of BRP from a “buy” rating to a “hold” rating in a report on Wednesday, August 21st. Citigroup decreased their target price on shares of BRP from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday. Cibc World Mkts lowered shares of BRP from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, CIBC decreased their price objective on shares of BRP from $110.00 to $100.00 and set an “outperformer” rating on the stock in a research report on Monday, June 3rd. Seven investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, BRP currently has an average rating of “Hold” and a consensus price target of $105.00.

BRP Trading Up 2.1 %

NASDAQ:DOOO opened at $62.29 on Thursday. BRP has a one year low of $57.15 and a one year high of $79.40. The business has a fifty day moving average price of $67.85 and a 200-day moving average price of $66.82. The firm has a market capitalization of $4.62 billion, a price-to-earnings ratio of 11.26 and a beta of 2.07. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.35 and a quick ratio of 0.46.

BRP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.152 per share. This represents a $0.61 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Friday, September 27th. BRP’s dividend payout ratio (DPR) is currently 11.21%.

Hedge Funds Weigh In On BRP

Hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. grew its stake in BRP by 108.7% during the fourth quarter. Russell Investments Group Ltd. now owns 7,243 shares of the company’s stock valued at $521,000 after acquiring an additional 3,772 shares in the last quarter. M&T Bank Corp bought a new position in shares of BRP during the 4th quarter valued at about $222,000. Fiera Capital Corp grew its position in shares of BRP by 6.8% during the fourth quarter. Fiera Capital Corp now owns 110,342 shares of the company’s stock valued at $7,922,000 after purchasing an additional 7,000 shares in the last quarter. Norges Bank bought a new stake in shares of BRP in the fourth quarter worth about $30,666,000. Finally, Clearbridge Investments LLC purchased a new stake in shares of BRP in the fourth quarter worth about $211,000.

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.