BRP (NASDAQ:DOOO) Updates FY 2025 Earnings Guidance

BRP (NASDAQ:DOOO - Get Free Report) updated its FY 2025 earnings guidance on Sunday. The company provided EPS guidance of 3.115-3.482 for the period, compared to the consensus EPS estimate of 3.070. The company issued revenue guidance of $5.6 billion-$5.7 billion, compared to the consensus revenue estimate of $7.8 billion.

BRP Stock Up 0.4 %

BRP stock traded up $0.19 during midday trading on Friday, reaching $51.71. The company's stock had a trading volume of 105,404 shares, compared to its average volume of 129,819. BRP has a 52-week low of $46.85 and a 52-week high of $75.59. The stock has a market capitalization of $3.77 billion, a P/E ratio of 27.51 and a beta of 2.03. The company has a debt-to-equity ratio of 5.19, a current ratio of 1.37 and a quick ratio of 0.37. The stock's 50-day simple moving average is $51.58 and its 200-day simple moving average is $60.41.

BRP Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be given a $0.1485 dividend. This represents a $0.59 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend is Tuesday, December 31st. BRP's payout ratio is currently 32.98%.

Analysts Set New Price Targets

A number of research analysts have issued reports on DOOO shares. National Bank Financial lowered shares of BRP from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, August 21st. UBS Group reduced their target price on BRP from $66.00 to $65.00 and set a "neutral" rating for the company in a research note on Friday, September 13th. Citigroup dropped their price target on BRP from $80.00 to $75.00 and set a "buy" rating on the stock in a research note on Monday, September 9th. Desjardins lowered BRP from a "moderate buy" rating to a "hold" rating in a report on Sunday, September 8th. Finally, Stifel Nicolaus downgraded BRP from a "buy" rating to a "hold" rating in a report on Wednesday, August 21st. Six analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $97.00.

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.