Desjardins Issues Negative Forecast for BRP Earnings

BRP Inc. (NASDAQ:DOOO) – Desjardins dropped their Q4 2025 earnings estimates for shares of BRP in a report released on Sunday, December 8th. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $0.87 per share for the quarter, down from their previous estimate of $1.02. Desjardins has a “Hold” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $2.26 per share.

Several other brokerages have also commented on DOOO. UBS Group dropped their price target on shares of BRP from $66.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, September 13th. Scotiabank lowered BRP from a “sector outperform” rating to a “sector perform” rating in a research report on Monday, September 9th. Cibc World Mkts downgraded BRP from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 9th. National Bank Financial lowered BRP from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, August 21st. Finally, Citigroup reduced their price objective on BRP from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday, September 9th. Six research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $97.00.

BRP Stock Up 0.7 %

Shares of NASDAQ:DOOO opened at $52.75 on Tuesday. BRP has a 12-month low of $46.85 and a 12-month high of $75.59. The stock’s 50-day moving average price is $51.87 and its two-hundred day moving average price is $60.66. 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 firm has a market cap of $3.85 billion, a price-to-earnings ratio of 28.06 and a beta of 2.03.

BRP Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be given a dividend of $0.1485 per share. This represents a $0.59 annualized dividend and a yield of 1.13%. The ex-dividend date is Tuesday, December 31st. BRP’s dividend payout ratio (DPR) is presently 32.98%.

Institutional Investors Weigh In On BRP

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DOOO. US Bancorp DE raised 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 purchasing an additional 322 shares in the last quarter. Quantbot Technologies LP raised its holdings in BRP by 9.7% in the third quarter. Quantbot Technologies LP now owns 3,827 shares of the company’s stock valued at $228,000 after acquiring an additional 337 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in BRP by 1.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 30,666 shares of the company’s stock valued at $1,964,000 after acquiring an additional 520 shares during the last quarter. Addenda Capital Inc. grew its holdings in BRP by 9.9% during the 2nd quarter. Addenda Capital Inc. now owns 11,636 shares of the company’s stock worth $745,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Spartan Fund Management Inc. bought a new stake in shares of BRP in the 3rd quarter worth about $72,000.

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.