Research Analysts Set Expectations for BRP FY2026 Earnings

BRP Inc. (NASDAQ:DOOO) – Equities researchers at Desjardins increased their FY2026 earnings estimates for shares of BRP in a report issued on Sunday, December 8th. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $3.36 per share for the year, up from their previous forecast of $3.32. Desjardins has a “Hold” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $2.26 per share. Desjardins also issued estimates for BRP’s FY2027 earnings at $3.98 EPS.

Several other brokerages have also recently issued reports on DOOO. UBS Group decreased their price objective on BRP from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, September 13th. Citigroup lowered their price objective on shares of BRP from $80.00 to $75.00 and set a “buy” rating for the company in a research 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. National Bank Financial downgraded shares of BRP from an “outperform” rating to a “sector perform” rating in a report on Wednesday, August 21st. Finally, Scotiabank cut BRP from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, September 9th. Six investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $97.00.

BRP Price Performance

NASDAQ:DOOO opened at $52.75 on Wednesday. The business’s 50-day moving average is $51.87 and its 200 day moving average is $60.66. BRP has a 12 month low of $46.85 and a 12 month high of $75.59. The company has a market capitalization of $3.85 billion, a P/E ratio of 28.06 and a beta of 2.03. The company has a current ratio of 1.32, a quick ratio of 0.37 and a debt-to-equity ratio of 4.99.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company raised its holdings in shares of BRP by 61.2% in the second quarter. The Manufacturers Life Insurance Company now owns 1,076,187 shares of the company’s stock worth $68,850,000 after buying an additional 408,692 shares during the period. American Century Companies Inc. raised its holdings in shares of BRP by 45.6% in the second quarter. American Century Companies Inc. now owns 1,072,168 shares of the company’s stock valued at $68,656,000 after acquiring an additional 335,715 shares in the last quarter. Franklin Resources Inc. grew its holdings in BRP by 41.5% during the 3rd quarter. Franklin Resources Inc. now owns 731,268 shares of the company’s stock worth $43,461,000 after acquiring an additional 214,626 shares in the last quarter. Ceredex Value Advisors LLC lifted its position in shares of BRP by 297.4% in the 2nd 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 stake in shares of BRP by 154.5% during the third quarter. CIBC Asset Management Inc now owns 116,659 shares of the company’s stock valued at $7,347,000 after purchasing an additional 70,819 shares in the last quarter.

BRP Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be given a $0.1485 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Tuesday, December 31st. BRP’s dividend payout ratio (DPR) is currently 32.98%.

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.