DA Davidson Trims BRP (TSE:DOO) Target Price to C$96.00

BRP (TSE:DOO) had its price target trimmed by DA Davidson from C$105.00 to C$96.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock. DA Davidson also issued estimates for BRP’s Q3 2025 earnings at $0.64 EPS, FY2025 earnings at $3.00 EPS and FY2026 earnings at $6.00 EPS.

A number of other brokerages have also weighed in on DOO. National Bank Financial lowered shares of BRP from a strong-buy rating to a hold rating in a research report on Tuesday, August 20th. Stifel Nicolaus cut their price objective on BRP from C$97.00 to C$82.00 in a research report on Monday. Royal Bank of Canada decreased their target price on BRP from C$108.00 to C$99.00 in a research report on Monday. TD Securities dropped their price target on BRP from C$100.00 to C$98.00 and set a hold rating for the company in a research note on Monday, June 3rd. Finally, CIBC downgraded BRP from an outperform rating to a neutral rating and reduced their price objective for the stock from C$100.00 to C$92.00 in a research note on Monday. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of Hold and an average target price of C$96.00.

BRP Price Performance

Shares of BRP stock opened at C$84.67 on Tuesday. The company has a market capitalization of C$3.02 billion, a price-to-earnings ratio of 11.37, a PEG ratio of 2.05 and a beta of 2.33. The company has a quick ratio of 0.20, a current ratio of 1.35 and a debt-to-equity ratio of 461.35. The stock’s 50-day simple moving average is C$92.47 and its 200-day simple moving average is C$91.25. BRP has a 52 week low of C$77.42 and a 52 week high of C$108.01.

BRP (TSE:DOO) last issued its earnings results on Friday, September 6th. The company reported C$0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.30 by C$0.31. BRP had a return on equity of 94.59% and a net margin of 5.83%. The company had revenue of C$1.84 billion for the quarter, compared to the consensus estimate of C$1.85 billion. As a group, analysts expect that BRP will post 8.3681507 earnings per share for the current fiscal year.

BRP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Friday, September 27th. BRP’s payout ratio is 11.28%.

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.