BRP (NASDAQ:DOO – Get Free Report) updated its FY 2027 earnings guidance on Friday. The company provided EPS guidance of 2.190-2.550 for the period, compared to the consensus EPS estimate of 2.090. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.5 billion.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. TD Cowen cut shares of BRP from a “buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Canaccord Genuity Group cut shares of BRP from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Raymond James Financial cut shares of BRP from a “strong-buy” rating to a “market perform” rating in a research note on Friday, April 24th. Wells Fargo & Company initiated coverage on shares of BRP in a research note on Wednesday, March 11th. They set an “overweight” rating on the stock. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of BRP in a research note on Monday, March 23rd. Two research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $85.67.
BRP Stock Up 0.9%
BRP Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.7%. BRP’s payout ratio is presently 24.74%.
Trending Headlines about BRP
Here are the key news stories impacting BRP this week:
- Positive Sentiment: BRP delivered a major earnings and revenue beat for fiscal Q1 2027, with normalized diluted EPS of $1.83 and revenue growth of 29.5%, signaling solid operational momentum. BRP Reports Fiscal Year 2027 First Quarter Results
- Positive Sentiment: BRP raised its full-year outlook, now expecting revenues of $9.1 billion to $9.4 billion and normalized diluted EPS of $3.00 to $3.50, reflecting confidence despite tariff headwinds. BRP Reports Fiscal Year 2027 First Quarter Results
- Positive Sentiment: BRP also updated FY 2027 guidance again, with EPS guidance of 2.19 to 2.55 and revenue guidance of $6.7 billion to $6.8 billion, both above consensus estimates, reinforcing the bullish tone.
- Neutral Sentiment: The company announced a quarterly dividend of $0.25 per share, which supports shareholder returns but is unlikely to be the main driver of the stock today.
- Neutral Sentiment: BRP held its annual shareholder meeting and announced board and committee elections, a routine governance update with limited direct impact on the shares. BRP Announces Elections of Directors and Board Committee Composition
- Negative Sentiment: Management said tariffs are still weighing on profits, and net income fell year over year despite stronger sales, which could temper some of the enthusiasm around the quarter. BRP restores financial outlook, expects major profit hit amid U.S. tariff changes
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of DOO. PNC Financial Services Group Inc. acquired a new position in shares of BRP during the 4th quarter valued at about $142,000. Geode Capital Management LLC acquired a new position in shares of BRP during the 4th quarter valued at about $4,122,000. Goldman Sachs Group Inc. acquired a new position in shares of BRP during the 4th quarter valued at about $23,858,000. Cibc World Market Inc. acquired a new position in shares of BRP during the 4th quarter valued at about $1,054,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of BRP during the 4th quarter valued at about $4,653,000.
About BRP
BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.
BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.
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