BRP Inc. (NASDAQ:DOOO – Free Report) – Equities research analysts at Scotiabank upped their FY2026 earnings estimates for shares of BRP in a note issued to investors on Monday, June 9th. Scotiabank analyst J. Goldman now expects that the company will earn $2.74 per share for the year, up from their previous forecast of $2.52. The consensus estimate for BRP’s current full-year earnings is $3.15 per share.
BRP (NASDAQ:DOOO – Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. BRP had a net margin of 2.29% and a return on equity of 61.20%. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.78 billion.
Check Out Our Latest Research Report on BRP
BRP Stock Up 0.7%
BRP stock opened at $49.16 on Thursday. The firm has a 50 day simple moving average of $37.33 and a 200 day simple moving average of $42.81. The company has a current ratio of 1.37, a quick ratio of 0.57 and a debt-to-equity ratio of 5.19. BRP has a 1-year low of $31.78 and a 1-year high of $74.00. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 26.15 and a beta of 1.23.
BRP Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be issued a $0.1557 dividend. The ex-dividend date of this dividend is Monday, June 30th. This is a positive change from BRP’s previous quarterly dividend of $0.15. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.27%. BRP’s dividend payout ratio (DPR) is -151.22%.
Hedge Funds Weigh In On BRP
A number of institutional investors and hedge funds have recently made changes to their positions in DOOO. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in BRP by 0.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 35,827 shares of the company’s stock worth $1,823,000 after buying an additional 293 shares during the last quarter. Dnca Finance lifted its holdings in shares of BRP by 36.1% in the 4th quarter. Dnca Finance now owns 1,390 shares of the company’s stock worth $71,000 after acquiring an additional 369 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of BRP by 259.3% during the 4th quarter. Quadrant Capital Group LLC now owns 679 shares of the company’s stock worth $35,000 after purchasing an additional 490 shares during the period. Signaturefd LLC grew its holdings in BRP by 296.1% during the 4th quarter. Signaturefd LLC now owns 1,208 shares of the company’s stock valued at $61,000 after purchasing an additional 903 shares during the last quarter. Finally, Jane Street Group LLC raised its position in BRP by 1.4% in the 4th quarter. Jane Street Group LLC now owns 65,470 shares of the company’s stock worth $3,333,000 after purchasing an additional 933 shares during the period.
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.
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