BRP (NASDAQ:DOO) Releases FY 2027 Earnings Guidance

BRP (NASDAQ:DOOGet Free Report) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.190-2.550 for the period, compared to the consensus earnings per share estimate of 2.090. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.5 billion.

BRP Stock Up 0.9%

NASDAQ:DOO opened at $58.57 on Friday. The company has a debt-to-equity ratio of 3.92, a current ratio of 1.27 and a quick ratio of 0.56. BRP has a 12-month low of $38.18 and a 12-month high of $81.89. The business has a fifty day moving average of $61.54. The company has a market cap of $4.32 billion, a price-to-earnings ratio of 20.13 and a beta of 0.90.

BRP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.7%. BRP’s dividend payout ratio (DPR) is presently 24.74%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Royal Bank Of Canada dropped their price objective on BRP from $124.00 to $107.00 and set an “outperform” rating on the stock in a research note on Monday, April 20th. UBS Group reissued a “neutral” rating on shares of BRP in a report on Friday, April 24th. Wall Street Zen lowered BRP from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 18th. Weiss Ratings restated a “hold (c-)” rating on shares of BRP in a research report on Monday, March 23rd. Finally, Citigroup cut their target price on BRP from $86.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $85.67.

View Our Latest Stock Report on BRP

Key BRP News

Here are the key news stories impacting BRP this week:

Institutional Inflows and Outflows

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

About BRP

(Get Free Report)

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.

Further Reading

Receive News & Ratings for BRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.