Equities Analysts Issue Forecasts for BRP FY2026 Earnings

BRP Inc. (NASDAQ:DOOO - Free Report) - Analysts at Scotiabank issued their FY2026 earnings estimates for shares of BRP in a research report issued on Wednesday, January 8th. Scotiabank analyst J. Goldman expects that the company will earn $3.53 per share for the year. The consensus estimate for BRP's current full-year earnings is $3.19 per share.

Separately, UBS Group dropped their price target on BRP from $66.00 to $65.00 and set a "neutral" rating on the stock in a research note on Friday, September 13th. Six research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $97.00.

BRP Stock Down 3.0 %

Shares of BRP stock traded down $1.60 during trading on Thursday, hitting $51.09. 149,058 shares of the stock traded hands, compared to its average volume of 108,272. The firm has a market cap of $3.73 billion, a P/E ratio of 27.18 and a beta of 2.02. BRP has a 52-week low of $46.85 and a 52-week high of $75.59. The company has a current ratio of 1.37, a quick ratio of 0.37 and a debt-to-equity ratio of 5.19. The stock's fifty day simple moving average is $50.11 and its 200 day simple moving average is $58.89.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company raised its position in BRP by 61.2% in the second quarter. The Manufacturers Life Insurance Company now owns 1,076,187 shares of the company's stock valued at $68,850,000 after purchasing an additional 408,692 shares during the period. American Century Companies Inc. boosted its position in BRP by 45.6% during the 2nd quarter. American Century Companies Inc. now owns 1,072,168 shares of the company's stock valued at $68,656,000 after purchasing an additional 335,715 shares during the period. Franklin Resources Inc. increased its holdings in shares of BRP by 41.5% in the 3rd quarter. Franklin Resources Inc. now owns 731,268 shares of the company's stock worth $43,461,000 after acquiring an additional 214,626 shares during the period. CIBC Asset Management Inc raised its holdings in shares of BRP by 154.5% during the third quarter. CIBC Asset Management Inc now owns 116,659 shares of the company's stock valued at $7,347,000 after buying an additional 70,819 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of BRP by 17.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 405,978 shares of the company's stock valued at $24,159,000 after purchasing an additional 61,502 shares in the last quarter.

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 dividend of $0.1485 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.59 annualized dividend and a yield of 1.16%. BRP's dividend payout ratio is presently 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.