BRP (NASDAQ:DOOO) Issues Quarterly Earnings Results, Beats Expectations By $0.27 EPS

BRP (NASDAQ:DOOO) issued its earnings results on Thursday. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.27, Zacks reports. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.50 billion. BRP had a net margin of 0.45% and a return on equity of 74.63%. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. BRP updated its FY 2026 guidance to 3.600-3.600 EPS.

BRP Trading Up 1.8%

BRP stock opened at $76.66 on Friday. The company has a current ratio of 1.34, a quick ratio of 0.55 and a debt-to-equity ratio of 5.54. BRP has a 12-month low of $31.78 and a 12-month high of $78.07. The firm has a market capitalization of $5.60 billion, a price-to-earnings ratio of 207.19 and a beta of 1.26. The firm has a 50 day moving average of $65.87 and a 200 day moving average of $57.11.

BRP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, December 31st. BRP’s payout ratio is presently -258.33%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake in shares of BRP by 28,660.0% in the first quarter. Jones Financial Companies Lllp now owns 21,570 shares of the company’s stock worth $729,000 after acquiring an additional 21,495 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in BRP in the 1st quarter worth approximately $207,000. Virtus Advisers LLC bought a new position in BRP in the 3rd quarter worth approximately $114,000. Quarry LP bought a new position in BRP in the 3rd quarter worth approximately $74,000. Finally, Quadrant Capital Group LLC purchased a new stake in BRP during the 3rd quarter valued at approximately $77,000.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DOOO. National Bankshares raised BRP from a “sector perform” rating to an “outperform” rating in a report on Thursday. Zacks Research cut BRP from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Wall Street Zen raised BRP from a “buy” rating to a “strong-buy” rating in a research report on Saturday. TD Securities restated a “buy” rating on shares of BRP in a research note on Thursday. Finally, Cibc World Mkts upgraded shares of BRP from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 1st. Four equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.40.

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.