FY2027 Earnings Estimate for BRP Issued By Scotiabank

BRP Inc. (TSE:DOO) – Stock analysts at Scotiabank reduced their FY2027 earnings per share (EPS) estimates for shares of BRP in a report issued on Thursday, October 22nd. Scotiabank analyst J. Goldman now forecasts that the company will earn $4.31 per share for the year, down from their prior forecast of $4.33. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

BRP (TSE:DOO) last posted its earnings results on Thursday, September 3rd. The company reported C($0.18) EPS for the quarter. BRP had a net margin of 1.21% and a return on equity of 20.51%. The firm had revenue of C$2.24 billion during the quarter.

Other research analysts have also issued research reports about the stock. National Bank Financial upgraded shares of BRP from a “hold” rating to an “outperform” rating and raised their price objective for the company from C$98.00 to C$112.00 in a report on Thursday, September 3rd. TD Securities raised shares of BRP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. TD raised shares of BRP from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$92.00 to C$106.00 in a report on Wednesday, August 19th. Finally, Citigroup upped their price target on shares of BRP from C$106.00 to C$110.00 and gave the company a “buy” rating in a research report on Tuesday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, BRP presently has a consensus rating of “Moderate Buy” and an average price target of C$103.93.

BRP Stock Performance

TSE:DOO opened at C$81.99 on Tuesday. The stock has a market cap of C$5.83 billion, a P/E ratio of 54.30, a price-to-earnings-growth ratio of 2.05 and a beta of 0.79. The company has a current ratio of 1.19, a quick ratio of 0.20 and a debt-to-equity ratio of 912.53. The stock’s 50-day moving average is C$82.77 and its 200-day moving average is C$88.78. BRP has a 1-year low of C$67.11 and a 1-year high of C$112.26.

BRP Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 13th. Shareholders of record on Tuesday, October 13th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 29th. BRP’s payout ratio is 61.59%.

About BRP

BRP Inc is a global leader in the world of powersports products and powertrains, built on over 80 years of ingenuity, innovation, and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on- and off-road vehicles, Quintrex boats as well as Rotax engines for karts, recreational aircraft and jet boats, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds.