Research Analysts Offer Predictions for BRP FY2027 Earnings

BRP Inc. (TSE:DOO) – Equities researchers at National Bank Financial reduced their FY2027 earnings per share estimates for shares of BRP in a research note issued on Wednesday, March 26th. National Bank Financial analyst C. Doerksen now expects that the company will earn $5.68 per share for the year, down from their prior forecast of $5.81. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

A number of other research firms have also commented on DOO. Canaccord Genuity Group lowered their price target on shares of BRP from C$80.00 to C$60.00 in a research report on Friday, March 21st. DA Davidson lowered their target price on shares of BRP from C$96.00 to C$88.00 in a report on Tuesday, December 10th. National Bankshares cut their price target on BRP from C$84.00 to C$72.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Citigroup downgraded BRP from a “neutral” rating to a “sell” rating and reduced their price target for the stock from C$70.00 to C$41.00 in a research report on Thursday, March 20th. Finally, Scotiabank dropped their price objective on BRP from C$91.00 to C$86.00 and set a “sector perform” rating for the company in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$73.69.

BRP Stock Down 6.8 %

DOO opened at C$50.82 on Friday. The stock has a fifty day moving average of C$61.57 and a 200-day moving average of C$69.91. The company has a market capitalization of C$3.74 billion, a P/E ratio of 19.15, a P/E/G ratio of 2.05 and a beta of 2.28. BRP has a fifty-two week low of C$50.67 and a fifty-two week high of C$102.46. The company has a debt-to-equity ratio of 573.79, a quick ratio of 0.20 and a current ratio of 1.37.

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.