BRP (NASDAQ:DOO) Updates FY 2027 Earnings Guidance

BRP (NASDAQ:DOO) updated its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 2.889-3.251 for the period, compared to the consensus estimate of 2.710. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion.

BRP Stock Performance

BRP stock traded up $0.92 during mid-day trading on Thursday, hitting $64.22. 1,168,233 shares of the company’s stock traded hands, compared to its average volume of 309,469. The stock has a market cap of $4.71 billion, a price-to-earnings ratio of 24.23 and a beta of 0.88. The firm has a 50 day simple moving average of $62.08 and a two-hundred day simple moving average of $63.19. BRP has a fifty-two week low of $48.83 and a fifty-two week high of $81.89. The company has a debt-to-equity ratio of 3.41, a current ratio of 1.30 and a quick ratio of 0.61.

BRP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Tuesday, September 29th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $1.00 annualized dividend and a yield of 1.6%. BRP’s payout ratio is currently 26.42%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on DOO shares. Scotiabank reiterated a “sector perform” rating on shares of BRP in a research report on Friday, July 24th. Stifel Nicolaus downgraded BRP from a “buy” rating to a “hold” rating in a research report on Friday, May 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BRP in a research note on Friday, May 29th. Zacks Research upgraded shares of BRP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 30th. Finally, UBS Group decreased their price target on shares of BRP from $78.00 to $68.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $83.00.

BRP News Roundup

Here are the key news stories impacting BRP this week:

• Positive Sentiment: BRP reported second-quarter revenue of $2.24 billion, up 18.5% year over year, helped by higher off-road vehicle shipments and a favorable side-by-side vehicle mix. The company also gained North American off-road market share. BRP Presents Its Second Quarter Results for Fiscal Year 2027
• Positive Sentiment: Adjusted quarterly results exceeded expectations: BRP reported an adjusted loss of approximately $0.13 per share versus the projected $0.46 loss. This earnings beat likely helped support the stock.
• Positive Sentiment: BRP raised its fiscal 2027 outlook. The updated EPS range of $2.889 to $3.251 is above the $2.710 consensus estimate, while revenue guidance of $6.7 billion to $6.8 billion is broadly in line with expectations. The company’s release also cited normalized diluted EPS guidance of $4.00 to $4.50 for the full year. BRP Reports Second-Quarter Loss and Raises Full-Year Outlook
• Positive Sentiment: National Bank Financial upgraded BRP from “sector perform” to “outperform,” signaling improved confidence in the company’s outlook and potentially attracting additional buying interest.
• Neutral Sentiment: BRP declared a quarterly dividend of $0.25 per share, equivalent to an annualized yield of approximately 1.6%. The payout provides shareholder support but is unlikely to be the primary driver of the move.
• Neutral Sentiment: CFO Sébastien Martel will retire October 1, with Minh Thanh Tran taking over. The planned transition appears orderly, but investors may monitor execution during the change in financial leadership. BRP Announces Planned Financial Leadership Transition
• Negative Sentiment: BRP posted a $136.8 million net loss, while normalized EBITDA fell 34.9% to $138.8 million. The deterioration in profitability and weaker earnings compared with last year remain key risks despite the revenue growth and guidance increase.

Institutional Trading of BRP

Hedge funds have recently modified their holdings of the stock. Mackenzie Financial Corp acquired a new stake in shares of BRP in the 4th quarter worth about $207,651,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of BRP in the fourth quarter worth approximately $169,341,000. FIL Ltd bought a new position in shares of BRP in the fourth quarter valued at approximately $123,110,000. The Manufacturers Life Insurance Company purchased a new position in shares of BRP during the fourth quarter valued at approximately $84,978,000. Finally, Caisse de depot et placement du Quebec bought a new stake in BRP during the fourth quarter worth $69,172,000.

About BRP

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.