DA Davidson Issues Optimistic Estimate for BRP Earnings

BRP Inc. (TSE:DOO) – Research analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for shares of BRP in a note issued to investors on Tuesday, December 10th. DA Davidson analyst B. Rolle now forecasts that the company will post earnings per share of $4.50 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 research firms also recently commented on DOO. National Bank Financial downgraded BRP from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 20th. BMO Capital Markets reduced their price target on BRP from C$115.00 to C$100.00 in a report on Monday, September 9th. Cibc World Mkts cut BRP from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 9th. Scotiabank lowered their target price on shares of BRP from C$91.00 to C$86.00 and set a “sector perform” rating on the stock in a research note on Monday. Finally, Desjardins lowered BRP from a “moderate buy” rating to a “hold” rating in a report on Sunday, September 8th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$89.83.

BRP Trading Up 0.7 %

TSE:DOO opened at C$74.72 on Thursday. The business has a 50 day simple moving average of C$72.10 and a 200 day simple moving average of C$83.64. The firm has a market capitalization of C$2.58 billion, a P/E ratio of 22.64, a P/E/G ratio of 2.05 and a beta of 2.28. The company has a debt-to-equity ratio of 545.75, a current ratio of 1.32 and a quick ratio of 0.20. BRP has a 12-month low of C$65.32 and a 12-month high of C$102.46.

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.