Stifel Canada Has Negative Forecast for BRP FY2027 Earnings

BRP Inc. (TSE:DOO) – Research analysts at Stifel Canada decreased their FY2027 earnings per share estimates for shares of BRP in a note issued to investors on Tuesday, January 28th. Stifel Canada analyst M. Landry now forecasts that the company will post earnings per share of $6.75 for the year, down from their prior estimate of $7.24. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

Other equities analysts have also issued research reports about the stock. Citigroup decreased their price target on shares of BRP from C$101.00 to C$90.00 and set a “buy” rating on the stock in a report on Monday, December 9th. Raymond James reduced their target price on BRP from C$100.00 to C$98.00 in a research note on Monday, December 9th. TD Securities raised their price target on BRP from C$81.00 to C$83.00 and gave the company a “hold” rating in a research report on Monday, December 9th. DA Davidson reduced their target price on shares of BRP from C$96.00 to C$88.00 in a report on Tuesday, December 10th. Finally, National Bankshares decreased their target price on shares of BRP from C$93.00 to C$84.00 in a research report on Thursday, November 21st. Nine analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$89.83.

BRP Stock Up 2.8 %

DOO stock opened at C$73.04 on Thursday. BRP has a 1-year low of C$65.32 and a 1-year high of C$102.46. The stock has a market cap of C$2.52 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The company has a current ratio of 1.32, a quick ratio of 0.20 and a debt-to-equity ratio of 545.75. The company’s 50 day moving average is C$72.93 and its 200 day moving average is C$80.21.

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.