Desjardins Analysts Decrease Earnings Estimates for BRP

BRP Inc. (NASDAQ:DOOO - Free Report) - Desjardins lowered their Q4 2025 earnings per share estimates for BRP in a research report issued on Sunday, December 8th. Desjardins analyst B. Poirier now expects that the company will post earnings per share of $0.87 for the quarter, down from their prior 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.

Other equities research analysts have also recently issued reports about the stock. UBS Group cut their price objective on shares of BRP from $66.00 to $65.00 and set a "neutral" rating on the stock in a research note on Friday, September 13th. National Bank Financial cut shares of BRP from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, August 21st. Stifel Nicolaus cut shares of BRP from a "buy" rating to a "hold" rating in a research note on Wednesday, August 21st. Citigroup cut their price objective on shares of BRP from $80.00 to $75.00 and set a "buy" rating on the stock in a research note on Monday, September 9th. Finally, Cibc World Mkts cut shares of BRP from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 9th. Six 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 a consensus rating of "Hold" and an average price target of $97.00.

BRP Stock Performance

DOOO stock traded down $1.01 during mid-day trading on Tuesday, reaching $52.38. The company had a trading volume of 166,843 shares, compared to its average volume of 129,822. BRP has a one year low of $46.85 and a one year high of $75.59. The stock's 50-day simple moving average is $52.10 and its two-hundred day simple moving average is $60.82. The company has a quick ratio of 0.37, a current ratio of 1.32 and a debt-to-equity ratio of 4.99. The stock has a market capitalization of $3.82 billion, a P/E ratio of 28.40 and a beta of 2.03.

BRP (NASDAQ:DOOO - Get Free Report) last posted its 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 company had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.35 billion. BRP had a return on equity of 58.01% and a net margin of 2.29%.

Hedge Funds Weigh In On BRP

Institutional investors have recently bought and sold shares of the stock. US Bancorp DE increased its stake in BRP by 350.0% in the 3rd quarter. US Bancorp DE now owns 414 shares of the company's stock worth $25,000 after purchasing an additional 322 shares in the last quarter. Spartan Fund Management Inc. purchased a new position in BRP in the 3rd quarter worth about $72,000. DRW Securities LLC purchased a new position in BRP in the 3rd quarter worth about $161,000. Public Employees Retirement System of Ohio purchased a new position in BRP in the 3rd quarter worth about $178,000. Finally, Lake Street Advisors Group LLC purchased a new position in BRP in the 2nd quarter worth about $201,000.

BRP Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.1485 per share. This represents a $0.59 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Tuesday, December 31st. BRP's payout ratio is currently 32.98%.

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.