BRP (NASDAQ:DOO) Issues FY 2027 Earnings Guidance

BRP (NASDAQ:DOO) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.889-3.251 for the period, compared to the consensus earnings per share estimate of 2.710. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion.

BRP Price Performance

Shares of DOO opened at $67.32 on Friday. The company has a quick ratio of 0.61, a current ratio of 1.30 and a debt-to-equity ratio of 3.41. BRP has a twelve month low of $48.83 and a twelve month high of $81.89. The stock has a market capitalization of $4.94 billion, a P/E ratio of 61.20 and a beta of 0.88. The company has a 50 day moving average of $62.18 and a 200-day moving average of $63.21.

BRP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Tuesday, September 29th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, September 29th. BRP’s payout ratio is presently 26.42%.

Wall Street Analysts Forecast Growth

DOO has been the topic of several analyst reports. Stifel Nicolaus lowered BRP from a “buy” rating to a “hold” rating in a report on Friday, May 29th. Citigroup lowered their price target on BRP from $75.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, May 29th. UBS Group dropped their price objective on BRP from $78.00 to $68.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Zacks Research raised BRP from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 30th. Finally, TD Securities upgraded shares of BRP from a “hold” rating to a “buy” rating in a report on Tuesday, August 18th. Six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $83.00.

More BRP News

Here are the key news stories impacting BRP this week:

• Positive Sentiment: Revenue beat expectations: BRP reported second-quarter revenue of approximately $2.24 billion, up 18.5% year over year and above consensus estimates. Growth was driven by higher off-road vehicle shipments and a favorable side-by-side vehicle mix. North American powersports retail sales rose 1%, while the company gained market share in North American off-road vehicles. BRP Presents Its Second Quarter Results for Fiscal Year 2027
• Positive Sentiment: Full-year outlook improved: BRP raised its fiscal 2027 normalized diluted EPS outlook to $4.00-$4.50. Separately reported guidance calls for EPS of $2.889-$3.251 and revenue of $6.7-$6.8 billion, with the EPS range above the $2.710 consensus estimate. The higher outlook signals management’s confidence in demand and execution. BRP Second-Quarter Results and Full-Year Outlook
• Positive Sentiment: Analyst upgrade: National Bank Financial upgraded BRP from “sector perform” to “outperform,” providing additional support for the shares.
• Positive Sentiment: Dividend maintained: BRP declared a quarterly dividend of $0.25 per share, equivalent to approximately $1.00 annually and a 1.6% yield. The dividend is payable October 13 to shareholders of record September 29.
• Neutral Sentiment: Leadership transition: CFO Sébastien Martel will retire October 1, with Minh Thanh Tran appointed as his successor. The change adds an execution consideration but was presented as a planned transition. BRP Announces Planned Financial Leadership Transition
• Negative Sentiment: Profitability weakened: BRP posted a $136.8 million net loss, while normalized EBITDA fell 34.9% to $138.8 million. The company’s normalized diluted loss was $0.18 per share, although this still exceeded the expected $0.46 loss. BRP Inc. Reports Q2 Loss and Beats Revenue Estimates

Hedge Funds Weigh In On BRP

Institutional investors have recently modified their holdings of the business. Mackenzie Financial Corp bought a new stake in shares of BRP during the fourth quarter worth about $207,651,000. Price T Rowe Associates Inc. MD bought a new stake in shares of BRP in the fourth quarter worth $169,341,000. FIL Ltd acquired a new stake in BRP in the fourth quarter valued at $123,110,000. The Manufacturers Life Insurance Company acquired a new position in BRP during the 4th quarter worth about $84,978,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in shares of BRP in the fourth quarter valued at about $69,172,000.

BRP Company Profile

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.