National Bank Financial Predicts Reduced Earnings for BRP

BRP Inc. (NASDAQ:DOOO - Free Report) - Research analysts at National Bank Financial dropped their Q3 2025 EPS estimates for BRP in a report issued on Wednesday, November 20th. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings of $0.48 per share for the quarter, down from their previous estimate of $0.50. National Bank Financial has a "Sector Perform" rating on the stock. The consensus estimate for BRP's current full-year earnings is $2.30 per share. National Bank Financial also issued estimates for BRP's FY2025 earnings at $1.97 EPS.

A number of other research analysts have also recently issued reports on DOOO. UBS Group reduced their price objective on BRP from $66.00 to $65.00 and set a "neutral" rating on the stock in a research note on Friday, September 13th. Desjardins downgraded BRP from a "moderate buy" rating to a "hold" rating in a research report on Sunday, September 8th. Citigroup cut their target price on shares of BRP from $80.00 to $75.00 and set a "buy" rating on the stock in a report on Monday, September 9th. Stifel Nicolaus lowered shares of BRP from a "buy" rating to a "hold" rating in a report on Wednesday, August 21st. Finally, Cibc World Mkts lowered shares of BRP from a "strong-buy" rating to a "hold" rating in a report on Monday, September 9th. Seven investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $97.00.

BRP Trading Up 0.5 %

Shares of DOOO stock traded up $0.22 on Friday, hitting $48.51. 129,012 shares of the company's stock traded hands, compared to its average volume of 125,105. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 20.00 and a beta of 2.07. The company's fifty day simple moving average is $54.83 and its 200 day simple moving average is $62.54. BRP has a one year low of $46.85 and a one year high of $75.59. The company has a debt-to-equity ratio of 4.99, a quick ratio of 0.37 and a current ratio of 1.32.

BRP (NASDAQ:DOOO - Get Free Report) last released its earnings results on Friday, September 6th. The company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.23. BRP had a return on equity of 79.58% and a net margin of 2.78%. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion.

Hedge Funds Weigh In On BRP

Several institutional investors and hedge funds have recently modified their holdings of the stock. QV Investors Inc. bought a new position in shares of BRP in the second quarter worth approximately $28,142,000. The Manufacturers Life Insurance Company boosted its stake in BRP by 61.2% during the 2nd 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 last quarter. American Century Companies Inc. raised its stake in shares of BRP by 45.6% in the second quarter. American Century Companies Inc. now owns 1,072,168 shares of the company's stock worth $68,656,000 after purchasing an additional 335,715 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of BRP by 13.9% during the third quarter. The Manufacturers Life Insurance Company now owns 1,226,226 shares of the company's stock valued at $73,027,000 after purchasing an additional 150,039 shares in the last quarter. Finally, Ceredex Value Advisors LLC boosted its position in shares of BRP by 297.4% during the second quarter. Ceredex Value Advisors LLC now owns 173,884 shares of the company's stock valued at $11,160,000 after buying an additional 130,131 shares during the last quarter.

BRP Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were paid a dividend of $0.152 per share. This represents a $0.61 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date was Friday, September 27th. BRP's payout ratio is 25.73%.

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.