National Bank Financial Cuts Earnings Estimates for BRP

BRP Inc. (TSE:DOO) – Stock analysts at National Bank Financial decreased their FY2027 earnings per share (EPS) estimates for shares of BRP in a note issued to investors on Wednesday, March 26th. National Bank Financial analyst C. Doerksen now forecasts that the company will earn $5.68 per share for the year, down from their previous forecast of $5.81. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

A number of other brokerages have also issued reports on DOO. Scotiabank cut their price target on shares of BRP from C$91.00 to C$86.00 and set a “sector perform” rating on the stock in a research note on Monday, December 9th. National Bankshares dropped their price target on shares of BRP from C$84.00 to C$72.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. BMO Capital Markets decreased their target price on BRP from C$100.00 to C$70.00 in a report on Thursday. Canaccord Genuity Group cut their price target on BRP from C$80.00 to C$60.00 in a report on Friday, March 21st. Finally, DA Davidson lowered their price objective on BRP from C$96.00 to C$88.00 in a research report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$71.23.

BRP Trading Down 4.3 %

Shares of TSE DOO opened at C$48.65 on Friday. The stock has a fifty day simple moving average of C$61.04 and a 200-day simple moving average of C$69.62. BRP has a twelve month low of C$47.16 and a twelve month high of C$102.46. The company has a current ratio of 1.37, a quick ratio of 0.20 and a debt-to-equity ratio of 573.79. The stock has a market capitalization of C$3.58 billion, a PE ratio of 18.34, a PEG ratio of 2.05 and a beta of 2.28.

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.