National Bank Financial Reduces Earnings Estimates for BRP

BRP Inc. (NASDAQ:DOOO) – Investment analysts at National Bank Financial reduced their FY2026 earnings per share (EPS) estimates for BRP in a research note issued on Monday, February 24th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of $2.84 per share for the year, down from their prior forecast of $3.20. The consensus estimate for BRP’s current full-year earnings is $3.15 per share. National Bank Financial also issued estimates for BRP’s FY2027 earnings at $4.07 EPS.

BRP (NASDAQ:DOOO) last announced its quarterly earnings data on Friday, December 6th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.35. BRP had a return on equity of 61.20% and a net margin of 2.29%.

Separately, Citigroup lowered shares of BRP from a “buy” rating to a “neutral” rating in a report on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $97.00.

BRP Stock Down 1.3 %

Shares of NASDAQ:DOOO opened at $40.40 on Wednesday. The company has a 50 day moving average of $48.31 and a 200-day moving average of $54.06. BRP has a one year low of $40.13 and a one year high of $75.59. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 21.49 and a beta of 2.02. The company has a debt-to-equity ratio of 5.19, a current ratio of 1.37 and a quick ratio of 0.57.

BRP Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were issued a dividend of $0.1485 per share. This represents a $0.59 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date was Tuesday, December 31st. BRP’s dividend payout ratio is currently 30.85%.

Institutional Investors Weigh In On BRP

Several large investors have recently bought and sold shares of the company. Creative Planning acquired a new position in shares of BRP in the 3rd quarter valued at $227,000. US Bancorp DE lifted its holdings in BRP by 350.0% during the third quarter. US Bancorp DE now owns 414 shares of the company’s stock worth $25,000 after acquiring an additional 322 shares in the last quarter. Ceredex Value Advisors LLC grew its stake in BRP by 27.5% in the third quarter. Ceredex Value Advisors LLC now owns 221,684 shares of the company’s stock valued at $13,233,000 after acquiring an additional 47,800 shares during the period. Van ECK Associates Corp increased its holdings in shares of BRP by 18.6% in the third quarter. Van ECK Associates Corp now owns 9,520 shares of the company’s stock worth $567,000 after acquiring an additional 1,490 shares in the last quarter. Finally, Fiera Capital Corp raised its position in shares of BRP by 2.1% during the third quarter. Fiera Capital Corp now owns 112,768 shares of the company’s stock worth $6,720,000 after purchasing an additional 2,340 shares during the period.

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.