National Bank Financial Lowers Earnings Estimates for BRP

BRP Inc. (NASDAQ:DOOO) – Equities research analysts at National Bank Financial reduced their FY2026 earnings per share estimates for shares of BRP in a report issued on Monday, February 24th. National Bank Financial analyst C. Doerksen now expects that the company will earn $2.84 per share for the year, down from their previous estimate of $3.20. The consensus estimate for BRP’s current full-year earnings is $3.15 per share. National Bank Financial also issued estimates for BRP’s FY2027 earnings at $4.07 EPS.

Separately, Citigroup cut BRP from a “buy” rating to a “neutral” rating in a report on Monday, February 3rd. Seven equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $97.00.

BRP Trading Down 0.4 %

NASDAQ:DOOO opened at $40.94 on Wednesday. The company has a market cap of $2.99 billion, a P/E ratio of 21.78 and a beta of 2.02. BRP has a 1 year low of $40.17 and a 1 year high of $75.59. The company has a debt-to-equity ratio of 5.19, a current ratio of 1.37 and a quick ratio of 0.57. The stock’s fifty day moving average price is $48.50 and its two-hundred day moving average price is $54.16.

BRP (NASDAQ:DOOO) last issued its earnings results on Friday, December 6th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.35. BRP had a net margin of 2.29% and a return on equity of 61.20%.

BRP Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were paid a dividend of $0.1485 per share. This represents a $0.59 annualized dividend and a yield of 1.45%. The ex-dividend date was Tuesday, December 31st. BRP’s dividend payout ratio is 30.85%.

Hedge Funds Weigh In On BRP

Institutional investors have recently added to or reduced their stakes in the business. Capital World Investors boosted its position in shares of BRP by 101.2% during the 4th quarter. Capital World Investors now owns 1,971,033 shares of the company’s stock valued at $100,386,000 after acquiring an additional 991,392 shares during the last quarter. Mackenzie Financial Corp raised its stake in BRP by 71.7% in the fourth quarter. Mackenzie Financial Corp now owns 1,639,265 shares of the company’s stock valued at $83,399,000 after purchasing an additional 684,651 shares in the last quarter. Turtle Creek Asset Management Inc. lifted its position in BRP by 29.0% during the fourth quarter. Turtle Creek Asset Management Inc. now owns 2,970,680 shares of the company’s stock valued at $151,118,000 after purchasing an additional 668,607 shares during the last quarter. FIL Ltd lifted its position in BRP by 176.2% during the fourth quarter. FIL Ltd now owns 792,000 shares of the company’s stock valued at $40,337,000 after purchasing an additional 505,228 shares during the last quarter. Finally, Norges Bank purchased a new position in BRP in the 4th quarter worth approximately $15,259,000.

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.