BRP (NASDAQ:DOOO) Releases FY25 Earnings Guidance

BRP (NASDAQ:DOOO) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of CAD7.25-8.25 for the period, compared to the consensus estimate of $9.00. The company issued revenue guidance of CAD9.1-9.5 billion, compared to the consensus revenue estimate of $10.01 billion. BRP also updated its FY 2025 guidance to 5.370-6.110 EPS.

BRP Price Performance

DOOO stock opened at $60.10 on Thursday. The company has a market capitalization of $4.56 billion, a PE ratio of 7.42 and a beta of 2.12. The company has a quick ratio of 0.41, a current ratio of 1.40 and a debt-to-equity ratio of 4.00. The stock’s 50 day moving average is $65.26 and its two-hundred day moving average is $68.78. BRP has a 52-week low of $57.15 and a 52-week high of $92.74.

Analyst Ratings Changes

DOOO has been the subject of several research analyst reports. UBS Group downgraded shares of BRP from a buy rating to a neutral rating in a research report on Monday, December 4th. TheStreet downgraded BRP from a b- rating to a c+ rating in a report on Monday, February 26th. Finally, Canaccord Genuity Group downgraded BRP from a buy rating to a hold rating in a report on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of Hold and an average target price of $129.88.

Hedge Funds Weigh In On BRP

Several institutional investors have recently modified their holdings of DOOO. PNC Financial Services Group Inc. boosted its holdings in shares of BRP by 11.0% in the first quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $462,000 after acquiring an additional 560 shares in the last quarter. Dimensional Fund Advisors LP grew its position in BRP by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 12,914 shares of the company’s stock worth $1,056,000 after buying an additional 583 shares during the last quarter. Moors & Cabot Inc. lifted its position in shares of BRP by 8.2% during the 1st quarter. Moors & Cabot Inc. now owns 2,638 shares of the company’s stock valued at $216,000 after acquiring an additional 200 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of BRP by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 1,200,665 shares of the company’s stock worth $98,202,000 after acquiring an additional 30,978 shares during the last quarter. Finally, Ergoteles LLC acquired a new stake in shares of BRP during the first quarter worth $425,000.

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.