BRP Inc. (NASDAQ:DOOO – Free Report) – Stock analysts at Scotiabank issued their FY2026 earnings estimates for shares of BRP in a research note issued on Wednesday, January 8th. Scotiabank analyst J. Goldman expects that the company will earn $3.53 per share for the year. The consensus estimate for BRP’s current full-year earnings is $3.19 per share.
Separately, UBS Group decreased their price objective on BRP from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, September 13th. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $97.00.
BRP Stock Down 3.0 %
Shares of NASDAQ DOOO opened at $51.09 on Thursday. The firm’s 50 day moving average price is $50.11 and its 200 day moving average price is $58.89. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.37 and a current ratio of 1.37. The firm has a market cap of $3.73 billion, a P/E ratio of 27.18 and a beta of 2.02. BRP has a 1 year low of $46.85 and a 1 year high of $75.59.
BRP Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be issued a $0.1485 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Tuesday, December 31st. BRP’s payout ratio is currently 32.98%.
Institutional Investors Weigh In On BRP
Several institutional investors and hedge funds have recently added to or reduced their stakes in DOOO. Bank of New York Mellon Corp lifted its stake in shares of BRP by 1.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 30,666 shares of the company’s stock valued at $1,964,000 after purchasing an additional 520 shares in the last quarter. American Century Companies Inc. lifted its position in BRP by 45.6% during the second quarter. American Century Companies Inc. now owns 1,072,168 shares of the company’s stock valued at $68,656,000 after buying an additional 335,715 shares in the last quarter. Achmea Investment Management B.V. grew its stake in BRP by 63.6% during the second quarter. Achmea Investment Management B.V. now owns 46,993 shares of the company’s stock worth $3,011,000 after buying an additional 18,269 shares during the period. DekaBank Deutsche Girozentrale raised its stake in shares of BRP by 57.6% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,925 shares of the company’s stock valued at $368,000 after acquiring an additional 2,165 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of BRP by 177.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 87,785 shares of the company’s stock valued at $5,621,000 after acquiring an additional 56,110 shares during the period.
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.
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