BRP (NASDAQ:DOOO) Releases FY 2025 Earnings Guidance

BRP (NASDAQ:DOOO) issued an update on its FY 2025 earnings guidance on Sunday morning. The company provided earnings per share (EPS) guidance of 3.115-3.482 for the period, compared to the consensus estimate of 3.070. The company issued revenue guidance of $5.6 billion-$5.7 billion, compared to the consensus revenue estimate of $7.8 billion.

BRP Price Performance

BRP stock opened at $51.71 on Friday. The company has a 50-day moving average price of $51.58 and a 200 day moving average price of $60.44. BRP has a 12-month low of $46.85 and a 12-month high of $75.59. The company has a current ratio of 1.37, a quick ratio of 0.37 and a debt-to-equity ratio of 5.19. The stock has a market cap of $3.77 billion, a P/E ratio of 27.51 and a beta of 2.03.

BRP Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st will be given a $0.1485 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.59 dividend on an annualized basis and a yield of 1.15%. BRP’s payout ratio is currently 32.98%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on DOOO shares. Stifel Nicolaus lowered BRP from a “buy” rating to a “hold” rating in a research report on Wednesday, August 21st. Citigroup decreased their price objective on BRP from $80.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, September 9th. Scotiabank lowered shares of BRP from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, September 9th. Desjardins downgraded shares of BRP from a “moderate buy” rating to a “hold” rating in a research note on Sunday, September 8th. Finally, National Bank Financial downgraded shares of BRP from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, August 21st. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $97.00.

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.