BRP Inc. (NASDAQ:DOOO – Free Report) – Stock analysts at Scotiabank issued their FY2026 EPS estimates for BRP in a research note issued on Wednesday, January 8th. Scotiabank analyst J. Goldman forecasts that the company will earn $3.53 per share for the year. The consensus estimate for BRP’s current full-year earnings is $3.19 per share.
Separately, UBS Group dropped their price objective on shares of BRP from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, September 13th. Six research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $97.00.
BRP Stock Down 3.0 %
Shares of NASDAQ:DOOO opened at $51.09 on Thursday. The firm’s 50 day moving average price is $50.07 and its 200 day moving average price is $58.95. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 27.18 and a beta of 2.02. BRP has a fifty-two week low of $46.85 and a fifty-two week high of $75.59. The company has a quick ratio of 0.37, a current ratio of 1.37 and a debt-to-equity ratio of 5.19.
BRP Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st will be issued a $0.1485 dividend. This represents a $0.59 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Tuesday, December 31st. BRP’s payout ratio is 32.98%.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company boosted its stake in BRP by 61.2% in the second quarter. The Manufacturers Life Insurance Company now owns 1,076,187 shares of the company’s stock valued at $68,850,000 after acquiring an additional 408,692 shares in the last quarter. American Century Companies Inc. boosted its position in shares of BRP by 45.6% in the 2nd quarter. American Century Companies Inc. now owns 1,072,168 shares of the company’s stock valued at $68,656,000 after purchasing an additional 335,715 shares during the period. Franklin Resources Inc. boosted its position in shares of BRP by 41.5% in the 3rd quarter. Franklin Resources Inc. now owns 731,268 shares of the company’s stock valued at $43,461,000 after purchasing an additional 214,626 shares during the period. CIBC Asset Management Inc grew its stake in BRP by 154.5% during the 3rd quarter. CIBC Asset Management Inc now owns 116,659 shares of the company’s stock worth $7,347,000 after buying an additional 70,819 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in BRP by 17.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 405,978 shares of the company’s stock worth $24,159,000 after buying an additional 61,502 shares during the period.
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.
Featured Stories
- Five stocks we like better than BRP
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- NVIDIA Deal Ignites Aurora Stock’s Explosive Potential
- Buy P&G Now, Before It Sets A New All-Time High
- Why AMD Stock Might Already Be This Year’s Best Buy
- 3 Small Caps With Big Return Potential
- 3 Promising Penny Stocks to Watch for Long-Term Gains in 2025
Receive News & Ratings for BRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.