BRP (NASDAQ:DOO) Downgraded to “Hold” Rating by Stifel Nicolaus

BRP (NASDAQ:DOO) was downgraded by stock analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

A number of other research analysts have also recently commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of BRP in a research note on Monday, March 23rd. Seaport Research Partners lowered BRP from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 15th. UBS Group restated a “neutral” rating on shares of BRP in a report on Friday, April 24th. Wells Fargo & Company began coverage on BRP in a research report on Wednesday, March 11th. They issued an “overweight” rating on the stock. Finally, Citigroup reduced their target price on BRP from $86.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.67.

BRP Price Performance

BRP stock opened at $58.57 on Friday. The company has a debt-to-equity ratio of 3.92, a current ratio of 1.27 and a quick ratio of 0.56. BRP has a 1-year low of $38.18 and a 1-year high of $81.89. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of 20.13 and a beta of 0.90. The stock has a 50-day moving average price of $61.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP bought a new stake in BRP during the 4th quarter valued at $30,000. Signaturefd LLC bought a new stake in BRP during the 4th quarter valued at $43,000. Quadrant Capital Group LLC bought a new stake in BRP during the 4th quarter valued at $89,000. PNC Financial Services Group Inc. bought a new stake in BRP during the 4th quarter valued at $142,000. Finally, Intact Investment Management Inc. bought a new stake in BRP during the 4th quarter valued at $156,000.

Key BRP News

Here are the key news stories impacting BRP this week:

• Positive Sentiment: BRP beat quarterly expectations, reporting EPS of $1.33 versus the $0.75 consensus and revenue growth of 29.5% year over year, with normalized EBITDA up 66.5%. BRP REPORTS FISCAL YEAR 2027 FIRST QUARTER RESULTS
• Positive Sentiment: The company raised full-year guidance, with FY2027 EPS now expected at $2.19 to $2.55 and revenue projected at $6.7 billion to $6.8 billion, both above Wall Street estimates. BRP REPORTS FISCAL YEAR 2027 FIRST QUARTER RESULTS
• Positive Sentiment: BRP also announced a quarterly dividend of $0.25 per share, signaling continued capital return to shareholders. BRP dividend announcement
• Neutral Sentiment: At the annual meeting, BRP said shareholders elected directors and finalized board committee composition, which is routine governance news. BRP Announces Elections of Directors and Board Committee Composition
• Negative Sentiment: Management cautioned that tariffs will create a meaningful profit hit, and the revised outlook still reflects incremental tariff costs despite mitigation efforts. BRP restores financial outlook, expects major profit hit amid U.S. tariff changes

BRP Company Profile

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three?wheel on?road vehicles.