Stifel Canada Has Negative Forecast for BRP FY2027 Earnings

BRP Inc. (TSE:DOO) – Investment analysts at Stifel Canada dropped their FY2027 earnings per share (EPS) estimates for shares of BRP in a report issued on Tuesday, January 28th. Stifel Canada analyst M. Landry now expects that the company will post earnings of $6.75 per share for the year, down from their prior forecast of $7.24. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

Several other brokerages have also issued reports on DOO. Citigroup cut their target price on shares of BRP from C$101.00 to C$90.00 and set a “buy” rating on the stock in a research note on Monday, December 9th. CIBC lowered their price objective on BRP from C$92.00 to C$82.00 and set a “neutral” rating for the company in a research note on Monday, December 9th. National Bankshares dropped their target price on BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st. TD Securities boosted their price target on shares of BRP from C$81.00 to C$83.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Finally, DA Davidson cut their price objective on BRP from C$96.00 to C$88.00 in a research report on Tuesday, December 10th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$89.83.

BRP Trading Up 2.8 %

TSE DOO opened at C$73.04 on Thursday. The stock has a market capitalization of C$2.52 billion, a P/E ratio of 22.13, a P/E/G ratio of 2.05 and a beta of 2.28. BRP has a one year low of C$65.32 and a one year high of C$102.46. The company has a debt-to-equity ratio of 545.75, a current ratio of 1.32 and a quick ratio of 0.20. The business has a 50 day simple moving average of C$72.93 and a 200 day simple moving average of C$80.21.

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.