Desjardins Weighs in on BRP’s Q1 Earnings (NASDAQ:DOOO)

BRP Inc. (NASDAQ:DOOO) – Research analysts at Desjardins issued their Q1 2026 EPS estimates for shares of BRP in a report issued on Wednesday, March 26th. Desjardins analyst B. Poirier expects that the company will post earnings per share of $0.28 for the quarter. The consensus estimate for BRP’s current full-year earnings is $3.15 per share. Desjardins also issued estimates for BRP’s Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.50 EPS, FY2026 earnings at $2.14 EPS and FY2027 earnings at $3.30 EPS.

BRP (NASDAQ:DOOO) last announced its quarterly earnings results on Wednesday, March 26th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.07. BRP had a return on equity of 61.20% and a net margin of 2.29%. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.97 billion.

Separately, Citigroup reissued a “sell” rating and set a $27.00 price objective (down from $29.00) on shares of BRP in a research note on Friday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, BRP has a consensus rating of “Hold” and a consensus price target of $87.40.

BRP Stock Performance

NASDAQ:DOOO opened at $34.00 on Monday. BRP has a twelve month low of $33.05 and a twelve month high of $75.59. The company has a market capitalization of $2.48 billion, a P/E ratio of 18.09 and a beta of 2.03. The company has a current ratio of 1.37, a quick ratio of 0.57 and a debt-to-equity ratio of 5.19. The firm has a 50-day moving average price of $42.54 and a two-hundred day moving average price of $49.41.

BRP Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, April 4th will be given a $0.1508 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Friday, April 4th. This is a positive change from BRP’s previous quarterly dividend of $0.15. BRP’s payout ratio is currently -29.21%.

Hedge Funds Weigh In On BRP

Several institutional investors and hedge funds have recently modified their holdings of the company. CIBC Asset Management Inc lifted its stake in shares of BRP by 14.0% during the 4th quarter. CIBC Asset Management Inc now owns 133,038 shares of the company’s stock worth $7,270,000 after purchasing an additional 16,379 shares during the period. Alberta Investment Management Corp increased its stake in BRP by 44.2% in the fourth quarter. Alberta Investment Management Corp now owns 47,300 shares of the company’s stock valued at $2,408,000 after purchasing an additional 14,500 shares during the last quarter. Van ECK Associates Corp lifted its position in BRP by 699.9% during the fourth quarter. Van ECK Associates Corp now owns 76,147 shares of the company’s stock worth $3,875,000 after buying an additional 66,627 shares during the period. Geode Capital Management LLC boosted its stake in BRP by 8.3% in the 3rd quarter. Geode Capital Management LLC now owns 208,186 shares of the company’s stock worth $12,978,000 after buying an additional 15,892 shares during the last quarter. Finally, Vestcor Inc grew its holdings in BRP by 285.9% in the 4th quarter. Vestcor Inc now owns 13,090 shares of the company’s stock valued at $666,000 after buying an additional 9,698 shares during the period.

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.