Desjardins Has Positive Forecast for BRP FY2025 Earnings

BRP Inc. (TSE:DOO) – Equities research analysts at Desjardins lifted their FY2025 earnings per share estimates for BRP in a research note issued to investors on Sunday, December 8th. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $3.95 per share for the year, up from their previous estimate of $3.75. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

Other equities analysts have also recently issued research reports about the company. Raymond James dropped their price objective on BRP from C$100.00 to C$98.00 in a report on Monday. Scotiabank lowered their target price on shares of BRP from C$91.00 to C$86.00 and set a “sector perform” rating on the stock in a research note on Monday. TD Securities boosted their price target on shares of BRP from C$81.00 to C$83.00 and gave the stock a “hold” rating in a report on Monday. National Bankshares decreased their target price on BRP from C$93.00 to C$84.00 in a research report on Thursday, November 21st. Finally, Canaccord Genuity Group lowered their target price on BRP from C$88.00 to C$80.00 in a report on Wednesday, November 27th. Nine analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$89.83.

BRP Trading Up 0.7 %

Shares of DOO stock opened at C$74.72 on Tuesday. BRP has a 12-month low of C$65.32 and a 12-month high of C$102.46. The stock has a market capitalization of C$2.58 billion, a P/E ratio of 22.64, a P/E/G ratio of 2.05 and a beta of 2.28. The company has a current ratio of 1.32, a quick ratio of 0.20 and a debt-to-equity ratio of 545.75. The firm’s 50 day moving average is C$72.10 and its 200 day moving average is C$83.64.

About BRP

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.