DA Davidson Has Optimistic Outlook of BRP FY2025 Earnings

BRP Inc. (TSE:DOO) – Stock analysts at DA Davidson lifted their FY2025 earnings per share estimates for BRP in a research note issued to investors on Tuesday, December 10th. DA Davidson analyst B. Rolle now expects that the company will earn $4.50 per share for the year, up from their prior forecast of $3.00. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

A number of other brokerages have also recently commented on DOO. Stifel Nicolaus dropped their price objective on shares of BRP from C$82.00 to C$78.00 and set a “hold” rating on the stock in a research note on Monday, December 9th. CIBC cut their price objective on shares of BRP from C$92.00 to C$82.00 and set a “neutral” rating for the company in a report on Monday, December 9th. National Bank Financial lowered shares of BRP from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 20th. Canaccord Genuity Group dropped their target price on BRP from C$88.00 to C$80.00 in a research report on Wednesday, November 27th. Finally, Cibc World Mkts cut BRP from a “strong-buy” rating to a “hold” rating in a report on Monday, September 9th. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$89.83.

BRP Stock Up 0.4 %

Shares of DOO stock opened at C$73.62 on Thursday. BRP has a twelve month low of C$65.32 and a twelve month high of C$102.46. The stock has a market cap of C$2.54 billion, a P/E ratio of 22.31, a P/E/G ratio of 2.05 and a beta of 2.28. The stock has a 50 day moving average of C$72.00 and a 200 day moving average of C$83.49. The company has a current ratio of 1.32, a quick ratio of 0.20 and a debt-to-equity ratio of 545.75.

About BRP

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.