BRP (NASDAQ:DOOO) Issues FY 2025 Earnings Guidance

BRP (NASDAQ:DOOO) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.370-6.110 for the period, compared to the consensus EPS estimate of 6.670. The company issued revenue guidance of $6.7 billion-$7.0 billion, compared to the consensus revenue estimate of $7.4 billion. BRP also updated its FY25 guidance to CAD7.25-8.25 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DOOO. Canaccord Genuity Group lowered shares of BRP from a buy rating to a hold rating in a research note on Friday, December 1st. TheStreet lowered shares of BRP from a b- rating to a c+ rating in a research note on Monday, February 26th. Finally, UBS Group lowered shares of BRP from a buy rating to a neutral rating in a research note on Monday, December 4th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, BRP currently has an average rating of Hold and a consensus price target of $129.88.

BRP Stock Up 2.5 %

DOOO stock opened at $63.65 on Thursday. BRP has a twelve month low of $57.15 and a twelve month high of $92.74. The company has a current ratio of 1.40, a quick ratio of 0.41 and a debt-to-equity ratio of 4.00. The company has a market capitalization of $4.83 billion, a P/E ratio of 7.42 and a beta of 2.12. The firm has a 50 day simple moving average of $65.26 and a 200-day simple moving average of $68.78.

Institutional Trading of BRP

A number of hedge funds have recently made changes to their positions in DOOO. Group One Trading L.P. acquired a new stake in shares of BRP during the first quarter worth approximately $52,000. State of Wyoming boosted its holdings in BRP by 126.5% in the fourth quarter. State of Wyoming now owns 845 shares of the company’s stock worth $65,000 after purchasing an additional 472 shares during the period. Power Corp of Canada acquired a new position in BRP in the first quarter worth $69,000. Ensign Peak Advisors Inc acquired a new position in BRP in the third quarter worth $93,000. Finally, BNP Paribas Arbitrage SA acquired a new position in BRP in the second quarter worth $94,000.

BRP Company Profile

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in North America, Europe, Australia, New Zealand, and Latin America. The company operates through two segments, Powersports and Marine. The Powersports segment offers year-round products, such as Can-Am ATVs, SSVs, and 3WVs; seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs and pontoons, and Rotax engines for karts and recreational aircraft.