FY2028 Earnings Estimate for BRP Issued By Stifel Canada

BRP Inc. (NASDAQ:DOOO) – Analysts at Stifel Canada issued their FY2028 earnings per share estimates for BRP in a research note issued to investors on Thursday, October 9th. Stifel Canada analyst M. Landry forecasts that the company will post earnings per share of $5.64 for the year. The consensus estimate for BRP’s current full-year earnings is $3.15 per share.

A number of other brokerages have also weighed in on DOOO. Canaccord Genuity Group raised BRP from a “hold” rating to a “buy” rating in a report on Tuesday, September 2nd. Scotiabank reissued a “sector perform” rating on shares of BRP in a report on Tuesday, September 2nd. Zacks Research raised BRP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 2nd. National Bankshares set a $105.00 price objective on BRP and gave the company a “sector perform” rating in a report on Tuesday, September 2nd. Finally, BMO Capital Markets reissued an “outperform” rating on shares of BRP in a report on Tuesday, September 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, BRP currently has a consensus rating of “Moderate Buy” and an average target price of $72.75.

BRP Trading Up 2.1%

BRP stock opened at $65.21 on Monday. The stock has a 50-day moving average of $61.02 and a two-hundred day moving average of $48.78. The company has a debt-to-equity ratio of 5.54, a quick ratio of 0.55 and a current ratio of 1.34. BRP has a one year low of $31.78 and a one year high of $68.42. The stock has a market cap of $4.76 billion, a PE ratio of -271.71 and a beta of 1.19.

BRP (NASDAQ:DOOO) last released its quarterly earnings results on Friday, August 29th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.34. BRP had a positive return on equity of 61.26% and a negative net margin of 0.34%.The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.77 billion. BRP has set its FY 2026 guidance at 3.090-3.460 EPS.

Hedge Funds Weigh In On BRP

A number of hedge funds have recently bought and sold shares of DOOO. Osaic Holdings Inc. boosted its position in BRP by 905.8% during the second quarter. Osaic Holdings Inc. now owns 694 shares of the company’s stock worth $34,000 after purchasing an additional 625 shares in the last quarter. Sagard Holdings Management Inc. purchased a new position in BRP during the second quarter worth approximately $41,000. Raymond James Financial Inc. purchased a new position in BRP during the second quarter worth approximately $60,000. Acadian Asset Management LLC purchased a new position in BRP during the first quarter worth approximately $70,000. Finally, State of Wyoming purchased a new position in BRP during the first quarter worth approximately $93,000.

BRP Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 1.3%. This is a positive change from BRP’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Tuesday, September 30th. BRP’s dividend payout ratio is -262.50%.

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.