National Bank Financial Lowers Earnings Estimates for BRP

BRP Inc. (NASDAQ:DOOO) – Stock analysts at National Bank Financial decreased their FY2026 EPS estimates for shares of BRP in a research report issued to clients and investors on Wednesday, November 20th. National Bank Financial analyst C. Doerksen now expects that the company will post earnings of $3.28 per share for the year, down from their previous forecast of $4.38. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $2.27 per share.

A number of other research firms also recently commented on DOOO. Desjardins downgraded shares of BRP from a “moderate buy” rating to a “hold” rating in a research report on Sunday, September 8th. Citigroup lowered their target price on BRP from $80.00 to $75.00 and set a “buy” rating for the company in a report on Monday, September 9th. Scotiabank downgraded BRP from a “sector outperform” rating to a “sector perform” rating in a report on Monday, September 9th. UBS Group decreased their price objective on BRP from $66.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, September 13th. Finally, Stifel Nicolaus lowered BRP from a “buy” rating to a “hold” rating in a research note on Wednesday, August 21st. Seven equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $97.00.

BRP Stock Performance

Shares of BRP stock opened at $50.84 on Monday. The company has a current ratio of 1.32, a quick ratio of 0.37 and a debt-to-equity ratio of 4.99. The stock’s fifty day moving average price is $54.54 and its 200-day moving average price is $62.31. The firm has a market cap of $3.71 billion, a P/E ratio of 21.10 and a beta of 2.07. BRP has a 12 month low of $46.85 and a 12 month high of $75.59.

BRP (NASDAQ:DOOO) last announced its quarterly earnings results on Friday, September 6th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.23. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.35 billion. BRP had a return on equity of 79.58% and a net margin of 2.78%.

BRP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were given a dividend of $0.152 per share. This represents a $0.61 annualized dividend and a yield of 1.20%. The ex-dividend date was Friday, September 27th. BRP’s dividend payout ratio is presently 25.73%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. US Bancorp DE increased its position in shares of BRP by 350.0% in the 3rd quarter. US Bancorp DE now owns 414 shares of the company’s stock valued at $25,000 after acquiring an additional 322 shares during the period. UniSuper Management Pty Ltd lifted its holdings in shares of BRP by 66.7% during the first quarter. UniSuper Management Pty Ltd now owns 500 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Dnca Finance purchased a new stake in BRP in the second quarter valued at approximately $66,000. Spartan Fund Management Inc. acquired a new position in BRP in the 3rd quarter worth approximately $72,000. Finally, DRW Securities LLC purchased a new position in BRP during the 3rd quarter worth approximately $161,000.

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.