BRP (NASDAQ:DOOO) Issues FY 2025 Earnings Guidance

BRP (NASDAQ:DOOO) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 5.370-6.110 for the period, compared to the consensus EPS estimate of 6.670. The company issued revenue guidance of $6.7 billion-$7.0 billion, compared to the consensus revenue estimate of $7.4 billion. BRP also updated its FY25 guidance to CAD7.25-8.25 EPS.

Analyst Upgrades and Downgrades

Several research firms recently commented on DOOO. Canaccord Genuity Group lowered shares of BRP from a buy rating to a hold rating in a research note on Friday, December 1st. TheStreet lowered shares of BRP from a b- rating to a c+ rating in a research note on Monday, February 26th. Finally, UBS Group lowered shares of BRP from a buy rating to a neutral rating in a research note on Monday, December 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of Hold and an average price target of $129.88.

BRP Stock Performance

DOOO opened at $67.10 on Friday. The firm’s fifty day simple moving average is $65.20 and its two-hundred day simple moving average is $68.72. The company has a quick ratio of 0.41, a current ratio of 1.40 and a debt-to-equity ratio of 4.00. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 9.56 and a beta of 2.12. BRP has a 52-week low of $57.15 and a 52-week high of $92.74.

BRP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 22nd. Investors of record on Monday, April 8th will be given a dividend of $0.1545 per share. This represents a $0.62 annualized dividend and a yield of 0.92%. The ex-dividend date is Friday, April 5th. BRP’s payout ratio is currently 7.69%.

Institutional Investors Weigh In On BRP

A number of institutional investors have recently made changes to their positions in DOOO. Group One Trading L.P. purchased a new stake in shares of BRP during the 1st quarter worth approximately $52,000. State of Wyoming grew its stake in shares of BRP by 126.5% during the 4th quarter. State of Wyoming now owns 845 shares of the company’s stock worth $65,000 after purchasing an additional 472 shares during the period. Power Corp of Canada acquired a new position in shares of BRP during the 1st quarter worth $69,000. Ensign Peak Advisors Inc purchased a new stake in shares of BRP in the 3rd quarter worth about $93,000. Finally, BNP Paribas Arbitrage SA purchased a new stake in shares of BRP in the 2nd quarter worth about $94,000.

About BRP

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in North America, Europe, Australia, New Zealand, and Latin America. The company operates through two segments, Powersports and Marine. The Powersports segment offers year-round products, such as Can-Am ATVs, SSVs, and 3WVs; seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs and pontoons, and Rotax engines for karts and recreational aircraft.