BRP Inc. Expected to Post FY2025 Earnings of $4.47 Per Share (NASDAQ:DOOO)

BRP Inc. (NASDAQ:DOOO) – Analysts at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for shares of BRP in a report issued on Tuesday, June 4th. DA Davidson analyst B. Rolle now anticipates that the company will earn $4.47 per share for the year, down from their previous estimate of $5.93. The consensus estimate for BRP’s current full-year earnings is $4.51 per share. DA Davidson also issued estimates for BRP’s FY2026 earnings at $5.86 EPS.

Several other analysts have also weighed in on the company. Desjardins raised their price objective on BRP from $112.00 to $137.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Raymond James reduced their price objective on BRP from $114.00 to $108.00 and set a “strong-buy” rating on the stock in a research note on Monday, April 1st. TheStreet lowered BRP from a “b-” rating to a “c+” rating in a research note on Monday, February 26th. Finally, CIBC dropped their target price on BRP from $110.00 to $100.00 and set an “outperformer” rating for the company in a research report on Monday, June 3rd. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, BRP currently has an average rating of “Moderate Buy” and a consensus price target of $124.67.

BRP Stock Performance

DOOO opened at $62.57 on Thursday. The business’s fifty day moving average is $68.81 and its 200-day moving average is $67.21. The firm has a market cap of $4.69 billion, a P/E ratio of 11.31 and a beta of 2.09. The company has a debt-to-equity ratio of 4.23, a quick ratio of 0.55 and a current ratio of 1.35. BRP has a 52-week low of $57.15 and a 52-week high of $92.74.

BRP (NASDAQ:DOOO) last released its earnings results on Thursday, March 28th. The company reported $1.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.93 by ($0.12). The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $2.05 billion. BRP had a return on equity of 101.72% and a net margin of 5.87%.

Hedge Funds Weigh In On BRP

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of BRP by 1.5% during the third quarter. Vanguard Group Inc. now owns 1,282,737 shares of the company’s stock worth $97,308,000 after acquiring an additional 18,859 shares during the last quarter. Westfield Capital Management Co. LP raised its position in shares of BRP by 10.9% during the third quarter. Westfield Capital Management Co. LP now owns 1,094,083 shares of the company’s stock worth $82,997,000 after acquiring an additional 107,383 shares during the last quarter. Invesco Ltd. raised its position in shares of BRP by 0.7% during the third quarter. Invesco Ltd. now owns 930,298 shares of the company’s stock worth $70,572,000 after acquiring an additional 6,117 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of BRP by 35.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 711,049 shares of the company’s stock worth $50,975,000 after acquiring an additional 184,313 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of BRP by 34.0% during the third quarter. Royal Bank of Canada now owns 589,213 shares of the company’s stock worth $44,697,000 after acquiring an additional 149,529 shares during the last quarter.

BRP Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be given a $0.152 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.61 annualized dividend and a yield of 0.97%. BRP’s dividend payout ratio is presently 11.03%.

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.