FY2025 EPS Estimates for BRP Cut by National Bank Financial

BRP Inc. (TSE:DOO) – Analysts at National Bank Financial dropped their FY2025 EPS estimates for BRP in a research report issued to clients and investors on Wednesday, November 20th. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings per share of $2.73 for the year, down from their prior estimate of $2.92. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

BRP (TSE:DOO) last issued its quarterly earnings data on Friday, September 6th. The company reported C$0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.30 by C$0.31. The firm had revenue of C$1.84 billion during the quarter, compared to analysts’ expectations of C$1.85 billion. BRP had a net margin of 2.77% and a return on equity of 37.60%.

Other equities research analysts have also issued research reports about the company. DA Davidson dropped their target price on BRP from C$105.00 to C$96.00 and set a “buy” rating on the stock in a research report on Tuesday, September 10th. BMO Capital Markets lowered their price objective on shares of BRP from C$115.00 to C$100.00 in a report on Monday, September 9th. Stifel Nicolaus cut their price objective on shares of BRP from C$97.00 to C$82.00 in a research report on Monday, September 9th. Scotiabank downgraded shares of BRP from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from C$103.00 to C$91.00 in a research report on Monday, September 9th. Finally, Cibc World Mkts lowered shares of BRP from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 9th. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$94.77.

BRP Trading Up 0.3 %

TSE:DOO opened at C$67.80 on Friday. 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’s 50-day simple moving average is C$75.45 and its 200-day simple moving average is C$85.99. BRP has a fifty-two week low of C$65.32 and a fifty-two week high of C$102.46. The stock has a market capitalization of C$2.34 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28.

BRP Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Friday, September 27th. BRP’s payout ratio is 25.45%.

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.