DA Davidson Has Bullish Forecast for BRP FY2025 Earnings

BRP Inc. (TSE:DOO) – DA Davidson raised their FY2025 earnings estimates for shares of BRP in a research report issued to clients and investors on Tuesday, December 10th. DA Davidson analyst B. Rolle now forecasts that the company will earn $4.50 per share for the year, up from their prior estimate of $3.00. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

Several other equities research analysts also recently commented on DOO. Desjardins downgraded BRP from a “moderate buy” rating to a “hold” rating in a report on Sunday, September 8th. Royal Bank of Canada dropped their price target on BRP from C$108.00 to C$99.00 in a report on Monday, September 9th. TD Securities increased their price target on BRP from C$81.00 to C$83.00 and gave the stock a “hold” rating in a research note on Monday. Raymond James dropped their price objective on shares of BRP from C$100.00 to C$98.00 in a report on Monday. Finally, National Bankshares dropped their price objective on BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$89.83.

BRP Trading Down 1.9 %

Shares of DOO stock opened at C$73.32 on Thursday. BRP has a fifty-two week low of C$65.32 and a fifty-two week high of C$102.46. The company has a debt-to-equity ratio of 545.75, a quick ratio of 0.20 and a current ratio of 1.32. The stock has a 50 day simple moving average of C$72.00 and a two-hundred day simple moving average of C$83.49. The company has a market cap of C$2.53 billion, a P/E ratio of 22.22, a PEG ratio of 2.05 and a beta of 2.28.

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.