Research Analysts Set Expectations for BRP FY2026 Earnings

BRP Inc. (NASDAQ:DOOO) – Equities research analysts at Desjardins raised their FY2026 earnings estimates for shares of BRP in a research note issued on Sunday, December 8th. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $3.36 per share for the year, up from their previous estimate of $3.32. Desjardins has a “Hold” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $2.26 per share. Desjardins also issued estimates for BRP’s FY2027 earnings at $3.98 EPS.

Several other research firms have also commented on DOOO. Stifel Nicolaus lowered shares of BRP from a “buy” rating to a “hold” rating in a report on Wednesday, August 21st. Citigroup dropped their target price on BRP from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, September 9th. Cibc World Mkts downgraded BRP from a “strong-buy” rating to a “hold” rating in a report on Monday, September 9th. Scotiabank cut shares of BRP from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, September 9th. Finally, National Bank Financial cut shares of BRP from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, August 21st. Six analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, BRP currently has an average rating of “Hold” and an average target price of $97.00.

BRP Price Performance

Shares of NASDAQ:DOOO opened at $52.75 on Wednesday. The company has a market cap of $3.85 billion, a PE ratio of 28.06 and a beta of 2.03. BRP has a twelve month low of $46.85 and a twelve month high of $75.59. The company’s 50 day moving average is $51.87 and its 200 day moving average is $60.66. The company has a current ratio of 1.32, a quick ratio of 0.37 and a debt-to-equity ratio of 4.99.

BRP Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.1485 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 1.13%. BRP’s dividend payout ratio (DPR) is 32.98%.

Hedge Funds Weigh In On BRP

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DOOO. US Bancorp DE raised its position in shares of BRP by 350.0% during the 3rd quarter. US Bancorp DE now owns 414 shares of the company’s stock worth $25,000 after purchasing an additional 322 shares during the last quarter. Spartan Fund Management Inc. acquired a new stake in BRP in the 3rd quarter worth about $72,000. DRW Securities LLC acquired a new position in shares of BRP during the third quarter valued at approximately $161,000. Public Employees Retirement System of Ohio purchased a new position in shares of BRP in the third quarter valued at approximately $178,000. Finally, Lake Street Advisors Group LLC acquired a new stake in shares of BRP in the second quarter worth approximately $201,000.

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.