BRP (NASDAQ:DOOO) Updates FY 2026 Earnings Guidance
by Teresa Graham · The Cerbat GemBRP (NASDAQ:DOOO – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.600-3.600 for the period, compared to the consensus estimate of 3.280. The company issued revenue guidance of $6.0 billion-$6.0 billion, compared to the consensus revenue estimate of $5.9 billion.
BRP Stock Up 6.4%
DOOO opened at $75.29 on Friday. The company has a market cap of $5.50 billion, a P/E ratio of -313.71 and a beta of 1.26. The business’s 50-day moving average price is $65.55 and its 200-day moving average price is $56.83. The company has a current ratio of 1.34, a quick ratio of 0.55 and a debt-to-equity ratio of 5.54. BRP has a 12 month low of $31.78 and a 12 month high of $78.07.
BRP Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st will be paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, December 31st. BRP’s payout ratio is -258.33%.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the stock. Canaccord Genuity Group upgraded shares of BRP from a “hold” rating to a “buy” rating in a report on Tuesday, September 2nd. Scotiabank reissued a “sector perform” rating on shares of BRP in a report on Tuesday, September 2nd. Cibc World Mkts raised shares of BRP from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 1st. Royal Bank Of Canada increased their target price on shares of BRP from $100.00 to $107.00 and gave the stock an “outperform” rating in a report on Thursday, October 16th. Finally, Natl Bk Canada raised BRP from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Four analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $79.60.
Get Our Latest Stock Report on BRP
Institutional Investors Weigh In On BRP
A number of large investors have recently modified their holdings of the stock. Osaic Holdings Inc. lifted its position in shares of BRP by 905.8% in the second quarter. Osaic Holdings Inc. now owns 694 shares of the company’s stock worth $34,000 after buying an additional 625 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in BRP by 1,057.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,088 shares of the company’s stock valued at $66,000 after buying an additional 994 shares in the last quarter. Quarry LP bought a new stake in BRP in the 3rd quarter worth approximately $74,000. Raymond James Financial Inc. bought a new stake in BRP in the 2nd quarter worth approximately $60,000. Finally, Quadrant Capital Group LLC purchased a new stake in shares of BRP during the 3rd quarter worth approximately $77,000.
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.
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