BRP Inc. (NASDAQ:DOOO – Free Report) – Analysts at Desjardins cut their Q4 2025 EPS estimates for BRP in a research report issued on Sunday, December 8th. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $0.87 per share for the quarter, down from their prior estimate of $1.02. Desjardins has a “Hold” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $2.26 per share.
A number of other brokerages have also weighed in on DOOO. National Bank Financial lowered shares of BRP from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, August 21st. Citigroup lowered their price objective on shares of BRP from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, September 9th. Cibc World Mkts downgraded shares of BRP from a “strong-buy” rating to a “hold” rating in a report on Monday, September 9th. Scotiabank downgraded shares of BRP from a “sector outperform” rating to a “sector perform” rating in a report on Monday, September 9th. Finally, Stifel Nicolaus downgraded shares of BRP from a “buy” rating to a “hold” rating in a 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’s stock. Based on data from MarketBeat, BRP has a consensus rating of “Hold” and an average price target of $97.00.
BRP Stock Performance
Shares of DOOO opened at $52.38 on Tuesday. The company has a debt-to-equity ratio of 4.99, a quick ratio of 0.37 and a current ratio of 1.32. BRP has a twelve month low of $46.85 and a twelve month high of $75.59. The firm’s 50 day moving average price is $51.98 and its two-hundred day moving average price is $60.72. The firm has a market cap of $3.82 billion, a P/E ratio of 27.86 and a beta of 2.03.
BRP Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.1485 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.59 dividend on an annualized basis and a yield of 1.13%. BRP’s payout ratio is 32.98%.
Hedge Funds Weigh In On BRP
A number of institutional investors have recently added to or reduced their stakes in DOOO. The Manufacturers Life Insurance Company boosted its position in BRP by 61.2% during the second quarter. The Manufacturers Life Insurance Company now owns 1,076,187 shares of the company’s stock worth $68,850,000 after purchasing an additional 408,692 shares during the period. American Century Companies Inc. boosted its position in BRP by 45.6% during the second quarter. American Century Companies Inc. now owns 1,072,168 shares of the company’s stock worth $68,656,000 after purchasing an additional 335,715 shares during the period. Franklin Resources Inc. boosted its position in BRP by 41.5% during the third quarter. Franklin Resources Inc. now owns 731,268 shares of the company’s stock worth $43,461,000 after purchasing an additional 214,626 shares during the period. Ceredex Value Advisors LLC boosted its position in BRP by 297.4% during the second quarter. Ceredex Value Advisors LLC now owns 173,884 shares of the company’s stock worth $11,160,000 after purchasing an additional 130,131 shares during the period. Finally, CIBC Asset Management Inc boosted its position in BRP by 154.5% during the third quarter. CIBC Asset Management Inc now owns 116,659 shares of the company’s stock worth $7,347,000 after purchasing an additional 70,819 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.
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