National Bank Financial Predicts Weaker Earnings for BRP

BRP Inc. (TSE:DOO - Free Report) - Stock analysts at National Bank Financial dropped their FY2025 earnings estimates for shares of BRP in a note issued to investors on Wednesday, November 20th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of $2.73 per share for the year, down from their prior forecast of $2.92. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for BRP's current full-year earnings is $6.89 per share.

BRP (TSE:DOO - Get Free Report) last issued its earnings results on Friday, September 6th. The company reported C$0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.30 by C$0.31. BRP had a return on equity of 37.60% and a net margin of 2.77%. The business had revenue of C$1.84 billion for the quarter, compared to analysts' expectations of C$1.85 billion.

DOO has been the subject of a number of other reports. National Bankshares decreased their price objective on BRP from C$93.00 to C$84.00 in a research report on Thursday. DA Davidson reduced their target price on shares of BRP from C$105.00 to C$96.00 and set a "buy" rating for the company in a research note on Tuesday, September 10th. Cibc World Mkts lowered shares of BRP from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 9th. Stifel Nicolaus cut their price target on shares of BRP from C$97.00 to C$82.00 in a report on Monday, September 9th. Finally, Royal Bank of Canada lowered their target price on shares of BRP from C$108.00 to C$99.00 in a research report on Monday, September 9th. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of C$94.77.

BRP Stock Up 0.3 %

Shares of BRP stock traded up C$0.22 during midday trading on Friday, hitting C$67.80. The company's stock had a trading volume of 296,262 shares, compared to its average volume of 211,472. BRP has a 1-year low of C$65.32 and a 1-year high of C$102.46. The company has a quick ratio of 0.20, a current ratio of 1.32 and a debt-to-equity ratio of 545.75. The firm has a market capitalization of C$2.34 billion, a P/E ratio of 20.48, a PEG ratio of 2.05 and a beta of 2.28. The stock has a 50-day simple moving average of C$75.45 and a 200-day simple moving average of C$85.99.

BRP Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were paid a $0.21 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.84 annualized dividend and a dividend yield of 1.24%. BRP's payout ratio is 25.45%.

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.