Desjardins Weighs in on BRP’s FY2025 Earnings (TSE:DOO)

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

Several other research analysts also recently commented on the stock. Stifel Nicolaus decreased their price target on shares of BRP from C$82.00 to C$78.00 and set a “hold” rating on the stock in a research note on Monday. Royal Bank of Canada decreased their price target on shares of BRP from C$108.00 to C$99.00 in a research note on Monday, September 9th. Raymond James cut their target price on shares of BRP from C$100.00 to C$98.00 in a report on Monday. Cibc World Mkts cut shares of BRP from a “strong-buy” rating to a “hold” rating in a report on Monday, September 9th. Finally, DA Davidson cut their target price on shares of BRP from C$96.00 to C$88.00 in a report on Tuesday. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$89.83.

BRP Trading Down 2.1 %

Shares of DOO opened at C$74.21 on Tuesday. The firm’s 50 day simple moving average is C$72.19 and its 200 day simple moving average is C$83.79. The company has a market capitalization of C$2.56 billion, a P/E ratio of 22.49, a P/E/G ratio of 2.05 and a beta of 2.28. The company has a debt-to-equity ratio of 545.75, a current ratio of 1.32 and a quick ratio of 0.20. BRP has a 1-year low of C$65.32 and a 1-year high of C$102.46.

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.