Scotiabank Predicts BRP's FY2025 Earnings (NASDAQ:DOOO)

BRP Inc. (NASDAQ:DOOO - Free Report) - Equities researchers at Scotiabank issued their FY2025 EPS estimates for BRP in a report issued on Wednesday, January 8th. Scotiabank analyst J. Goldman anticipates that the company will post earnings per share of $3.02 for the year. The consensus estimate for BRP's current full-year earnings is $3.19 per share.

Separately, UBS Group lowered their price target on BRP from $66.00 to $65.00 and set a "neutral" rating for the company in a report on Friday, September 13th. Six investment 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 MarketBeat.com, BRP currently has a consensus rating of "Hold" and a consensus price target of $97.00.

BRP Trading Down 0.2 %

Shares of NASDAQ:DOOO traded down $0.10 during midday trading on Friday, reaching $50.99. The company's stock had a trading volume of 87,409 shares, compared to its average volume of 104,785. The firm has a market cap of $3.72 billion, a price-to-earnings ratio of 27.12 and a beta of 2.02. The business has a 50 day moving average price of $50.11 and a 200 day moving average price of $58.89. BRP has a 1 year low of $46.85 and a 1 year high of $75.59. The company has a quick ratio of 0.37, a current ratio of 1.37 and a debt-to-equity ratio of 5.19.

BRP Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be issued a $0.1485 dividend. This represents a $0.59 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Tuesday, December 31st. BRP's dividend payout ratio is currently 32.98%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. US Bancorp DE grew its position in shares of BRP by 350.0% during the third quarter. US Bancorp DE now owns 414 shares of the company's stock worth $25,000 after acquiring an additional 322 shares during the last quarter. Spartan Fund Management Inc. acquired a new position in BRP during the 3rd quarter valued at about $72,000. DRW Securities LLC bought a new position in BRP in the 3rd quarter worth about $161,000. Public Employees Retirement System of Ohio acquired a new stake in shares of BRP in the third quarter valued at approximately $178,000. Finally, Intech Investment Management LLC bought a new stake in shares of BRP during the second quarter valued at approximately $209,000.

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.