What is Stifel Canada’s Estimate for BRP FY2028 Earnings?

BRP Inc. (NASDAQ:DOOO) – Equities researchers at Stifel Canada issued their FY2028 earnings estimates for shares of BRP in a research note issued on Thursday, October 9th. Stifel Canada analyst M. Landry anticipates that the company will earn $5.64 per share for the year. The consensus estimate for BRP’s current full-year earnings is $3.15 per share.

BRP (NASDAQ:DOOO) last issued its earnings results on Friday, August 29th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.34. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.77 billion. BRP had a negative net margin of 0.34% and a positive return on equity of 61.26%. BRP has set its FY 2026 guidance at 3.090-3.460 EPS.

DOOO has been the subject of several other research reports. Zacks Research raised shares of BRP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BRP in a research report on Wednesday, October 8th. TD Securities reaffirmed a “buy” rating on shares of BRP in a research report on Tuesday, September 2nd. Citigroup raised shares of BRP from a “neutral” rating to a “buy” rating and upped their price target for the stock from $68.00 to $73.00 in a research report on Wednesday, October 1st. Finally, CIBC raised shares of BRP from a “neutral” rating to a “sector outperform” rating in a research report on Tuesday, September 2nd. Four investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $72.75.

BRP Price Performance

Shares of DOOO stock opened at $67.72 on Monday. The company has a debt-to-equity ratio of 5.54, a current ratio of 1.34 and a quick ratio of 0.55. The company has a market capitalization of $4.95 billion, a P/E ratio of -282.17 and a beta of 1.19. The company’s 50-day simple moving average is $61.36 and its two-hundred day simple moving average is $48.91. BRP has a one year low of $31.78 and a one year high of $68.42.

BRP Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This is a positive change from BRP’s previous quarterly dividend of $0.16. This represents a $0.86 dividend on an annualized basis and a yield of 1.3%. BRP’s dividend payout ratio is currently -262.50%.

Institutional Investors Weigh In On BRP

A number of hedge funds and other institutional investors have recently bought and sold shares of DOOO. Mackenzie Financial Corp lifted its position in BRP by 15.0% during the first quarter. Mackenzie Financial Corp now owns 1,884,728 shares of the company’s stock valued at $63,636,000 after acquiring an additional 245,463 shares during the last quarter. Fiera Capital Corp lifted its position in BRP by 5.5% during the first quarter. Fiera Capital Corp now owns 135,330 shares of the company’s stock valued at $4,574,000 after acquiring an additional 7,082 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in BRP by 10.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 109,158 shares of the company’s stock valued at $3,685,000 after acquiring an additional 10,004 shares during the last quarter. Ontario Teachers Pension Plan Board lifted its position in BRP by 31.2% during the first quarter. Ontario Teachers Pension Plan Board now owns 64,941 shares of the company’s stock valued at $2,193,000 after acquiring an additional 15,447 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in BRP by 20.0% during the first quarter. National Bank of Canada FI now owns 495,657 shares of the company’s stock valued at $16,731,000 after acquiring an additional 82,723 shares during the last quarter.

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.