Stifel Canada Brokers Decrease Earnings Estimates for BRP

BRP Inc. (NASDAQ:DOOO) – Analysts at Stifel Canada dropped their FY2026 earnings estimates for BRP in a report issued on Tuesday, January 28th. Stifel Canada analyst M. Landry now expects that the company will earn $3.10 per share for the year, down from their prior forecast of $3.48. The consensus estimate for BRP’s current full-year earnings is $3.16 per share. Stifel Canada also issued estimates for BRP’s FY2027 earnings at $4.66 EPS.

BRP Trading Down 2.5 %

Shares of NASDAQ:DOOO opened at $49.22 on Thursday. The stock’s 50-day simple moving average is $51.05 and its two-hundred day simple moving average is $57.70. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 26.18 and a beta of 2.02. BRP has a 52-week low of $46.85 and a 52-week high of $75.59. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.57 and a current ratio of 1.37.

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

BRP Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were given a dividend of $0.1485 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.59 annualized dividend and a yield of 1.21%. BRP’s dividend payout ratio (DPR) is 30.85%.

Institutional Trading of BRP

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. US Bancorp DE increased its stake in shares of BRP by 350.0% in the 3rd quarter. US Bancorp DE now owns 414 shares of the company’s stock worth $25,000 after purchasing an additional 322 shares in the last quarter. Spartan Fund Management Inc. purchased a new stake in BRP in the third quarter worth about $72,000. DRW Securities LLC bought a new position in shares of BRP in the third quarter worth about $161,000. Public Employees Retirement System of Ohio purchased a new position in shares of BRP during the 3rd quarter valued at about $178,000. Finally, Creative Planning bought a new position in shares of BRP during the 3rd quarter valued at approximately $227,000.

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.