Desjardins Weighs in on BRP’s FY2025 Earnings (TSE:DOO)

BRP Inc. (TSE:DOO) – Desjardins raised their FY2025 earnings per share estimates for shares of BRP in a note issued to investors on Sunday, December 8th. Desjardins analyst B. Poirier now forecasts that the company will earn $3.95 per share for the year, up from their previous estimate of $3.75. Desjardins has a “Hold” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

DOO has been the subject of several other research reports. National Bank Financial downgraded BRP from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 20th. TD Securities raised their price objective on BRP from C$81.00 to C$83.00 and gave the stock a “hold” rating in a research note on Monday. Canaccord Genuity Group reduced their price objective on BRP from C$88.00 to C$80.00 in a research note on Wednesday, November 27th. Raymond James decreased their price target on BRP from C$100.00 to C$98.00 in a report on Monday. Finally, Scotiabank decreased their price target on BRP from C$91.00 to C$86.00 and set a “sector perform” rating for the company in a report on Monday. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$89.83.

BRP Stock Performance

TSE:DOO opened at C$74.21 on Tuesday. The stock’s fifty day moving average is C$72.19 and its 200 day moving average is C$83.79. BRP has a fifty-two week low of C$65.32 and a fifty-two week high of C$102.46. The firm has a market capitalization of C$2.56 billion, a PE ratio of 22.49, a PEG ratio of 2.05 and a beta of 2.28. The company has a debt-to-equity ratio of 545.75, a quick ratio of 0.20 and a current ratio of 1.32.

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.