DA Davidson Comments on BRP’s FY2025 Earnings (NASDAQ:DOOO)

BRP Inc. (NASDAQ:DOOO) – Analysts at DA Davidson raised their FY2025 earnings estimates for BRP in a research report issued to clients and investors on Tuesday, December 10th. DA Davidson analyst B. Rolle now expects that the company will post earnings per share of $3.20 for the year, up from their prior forecast of $2.19. The consensus estimate for BRP’s current full-year earnings is $2.26 per share. DA Davidson also issued estimates for BRP’s FY2026 earnings at $3.91 EPS.

A number of other analysts have also weighed in on DOOO. Scotiabank lowered shares of BRP from a “sector outperform” rating to a “sector perform” rating in a research report on Monday, September 9th. National Bank Financial downgraded BRP from an “outperform” rating to a “sector perform” rating in a report on Wednesday, August 21st. Cibc World Mkts cut BRP from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 9th. Desjardins cut shares of BRP from a “moderate buy” rating to a “hold” rating in a research report on Sunday, September 8th. Finally, Stifel Nicolaus lowered BRP from a “buy” rating to a “hold” rating in a research report on Wednesday, August 21st. Six investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, BRP presently has an average rating of “Hold” and a consensus price target of $97.00.

BRP Price Performance

BRP stock opened at $51.52 on Thursday. BRP has a 52 week low of $46.85 and a 52 week high of $75.59. The company has a debt-to-equity ratio of 4.99, a quick ratio of 0.37 and a current ratio of 1.32. The stock has a fifty day moving average of $51.73 and a 200-day moving average of $60.60. The stock has a market capitalization of $3.76 billion, a P/E ratio of 27.40 and a beta of 2.03.

Institutional Trading of BRP

A number of hedge funds and other institutional investors have recently bought and sold shares of DOOO. US Bancorp DE lifted its holdings in shares of BRP by 350.0% in the third quarter. US Bancorp DE now owns 414 shares of the company’s stock valued at $25,000 after purchasing an additional 322 shares in the last quarter. Spartan Fund Management Inc. purchased a new stake in shares of BRP in the third quarter valued at about $72,000. DRW Securities LLC purchased a new position in shares of BRP in the 3rd quarter worth approximately $161,000. Public Employees Retirement System of Ohio bought a new stake in BRP during the third quarter worth $178,000. Finally, Lake Street Advisors Group LLC bought a new position in BRP in the 2nd quarter valued at $201,000.

BRP Cuts Dividend

The company 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. This represents a $0.59 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Tuesday, December 31st. BRP’s payout ratio is 32.98%.

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.