What is Stifel Canada’s Estimate for BRP FY2028 Earnings?

BRP Inc. (TSE:DOO) – Equities research analysts at Stifel Canada issued their FY2028 earnings per share (EPS) estimates for BRP in a report issued on Thursday, October 9th. Stifel Canada analyst M. Landry forecasts that the company will post earnings per share of $7.84 for the year. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

Several other equities analysts also recently weighed in on the company. BMO Capital Markets raised their price target on BRP from C$75.00 to C$105.00 in a report on Tuesday, September 2nd. TD Securities lifted their price objective on BRP from C$87.00 to C$107.00 and gave the stock a “buy” rating in a report on Tuesday, September 2nd. Canaccord Genuity Group lifted their price objective on BRP from C$108.00 to C$116.00 and gave the stock a “buy” rating in a report on Friday. Citigroup upgraded BRP from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$93.00 to C$102.00 in a report on Wednesday, October 1st. Finally, CIBC upgraded BRP from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from C$66.00 to C$100.00 in a report on Tuesday, September 2nd. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, BRP has a consensus rating of “Moderate Buy” and an average target price of C$93.69.

BRP Price Performance

Shares of TSE:DOO opened at C$89.39 on Monday. BRP has a 1-year low of C$43.88 and a 1-year high of C$95.15. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. The business has a fifty day moving average price of C$84.45 and a 200-day moving average price of C$67.36. The company has a market capitalization of C$6.54 billion, a PE ratio of -178.78, a PEG ratio of 2.05 and a beta of 1.12.

BRP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, October 14th will be paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, September 29th. BRP’s payout ratio is currently -170.00%.

BRP Company Profile

BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after discontinuing the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers.