BRP (NASDAQ:DOOO) Updates FY 2025 Earnings Guidance

by · The Cerbat Gem

BRP (NASDAQ:DOOO – Get Free Report) issued an update on its FY 2025 earnings guidance on Saturday morning. The company provided earnings per share guidance of 2.010-2.376 for the period, compared to the consensus earnings per share estimate of 2.210. The company issued revenue guidance of $5.7 billion-$5.8 billion, compared to the consensus revenue estimate of $5.7 billion.

BRP Stock Performance

NASDAQ DOOO traded down $0.32 during trading on Friday, reaching $50.68. 75,147 shares of the company’s stock were exchanged, compared to its average volume of 124,683. The company has a debt-to-equity ratio of 4.99, a current ratio of 1.32 and a quick ratio of 0.37. The business has a 50 day moving average price of $61.73 and a 200-day moving average price of $65.18. The stock has a market capitalization of $3.76 billion, a P/E ratio of 9.16 and a beta of 2.06. BRP has a fifty-two week low of $49.92 and a fifty-two week high of $77.12.

BRP (NASDAQ:DOOO – Get Free Report) last posted its earnings results on Friday, September 6th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.23. BRP had a return on equity of 79.58% and a net margin of 2.78%. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. Sell-side analysts forecast that BRP will post 2.21 earnings per share for the current fiscal year.

BRP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, September 27th were issued a dividend of $0.152 per share. This represents a $0.61 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Friday, September 27th. BRP’s payout ratio is 11.21%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Citigroup cut their price objective on shares of BRP from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Monday, September 9th. National Bank Financial downgraded BRP from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, August 21st. Cibc World Mkts lowered BRP from a “strong-buy” rating to a “hold” rating in a report on Monday, September 9th. UBS Group dropped their target price on BRP from $66.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, September 13th. Finally, Stifel Nicolaus downgraded shares of BRP from a “buy” rating to a “hold” rating in a research note on Wednesday, August 21st. Seven analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $97.00.

Check Out Our Latest Stock Analysis on BRP

About BRP

(Get Free Report)

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.

Read More