BRP Inc. (NASDAQ:DOOO – Free Report) – Equities researchers at National Bank Financial lowered their FY2026 EPS estimates for BRP in a report issued on Wednesday, November 20th. National Bank Financial analyst C. Doerksen now forecasts that the company will earn $3.28 per share for the year, down from their prior estimate of $4.38. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $2.27 per share.
BRP (NASDAQ:DOOO – Get Free Report) last issued its quarterly earnings results on Friday, September 6th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.22 by $0.23. BRP had a net margin of 2.78% and a return on equity of 79.58%. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion.
Read Our Latest Analysis on BRP
BRP Price Performance
DOOO opened at $48.51 on Monday. The firm has a market capitalization of $3.54 billion, a P/E ratio of 20.13 and a beta of 2.07. The stock has a fifty day moving average of $54.54 and a 200-day moving average of $62.31. The company has a quick ratio of 0.37, a current ratio of 1.32 and a debt-to-equity ratio of 4.99. BRP has a 12-month low of $46.85 and a 12-month high of $75.59.
BRP Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were issued a dividend of $0.152 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.25%. BRP’s dividend payout ratio is currently 25.73%.
Institutional Investors Weigh In On BRP
Several institutional investors and hedge funds have recently modified their holdings of DOOO. The Manufacturers Life Insurance Company raised its holdings in BRP by 13.9% during the third quarter. The Manufacturers Life Insurance Company now owns 1,226,226 shares of the company’s stock valued at $73,027,000 after buying an additional 150,039 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of BRP by 61.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,076,187 shares of the company’s stock valued at $68,850,000 after acquiring an additional 408,692 shares in the last quarter. American Century Companies Inc. lifted its holdings in BRP by 45.6% in the 2nd quarter. American Century Companies Inc. now owns 1,072,168 shares of the company’s stock worth $68,656,000 after purchasing an additional 335,715 shares during the last quarter. National Bank of Canada FI boosted its position in BRP by 13.5% during the second quarter. National Bank of Canada FI now owns 479,312 shares of the company’s stock worth $30,455,000 after purchasing an additional 56,954 shares during the period. Finally, QV Investors Inc. bought a new stake in BRP during the second quarter worth approximately $28,142,000.
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.
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