BRP (NASDAQ:DOOO) Releases FY 2025 Earnings Guidance

BRP (NASDAQ:DOOO) issued an update on its FY 2025 earnings guidance on Sunday morning. The company provided earnings per share (EPS) guidance of 3.115-3.482 for the period, compared to the consensus estimate of 3.070. The company issued revenue guidance of $5.6 billion-$5.7 billion, compared to the consensus revenue estimate of $7.8 billion.

Wall Street Analyst Weigh In

DOOO has been the topic of several analyst reports. UBS Group dropped their price target on shares of BRP from $66.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, September 13th. Stifel Nicolaus downgraded BRP from a “buy” rating to a “hold” rating in a report on Wednesday, August 21st. Citigroup cut their target price on BRP from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Monday, September 9th. Desjardins downgraded shares of BRP from a “moderate buy” rating to a “hold” rating in a research report on Sunday, September 8th. Finally, National Bank Financial cut shares of BRP from an “outperform” rating to a “sector perform” rating in a report on Wednesday, August 21st. Six investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, BRP presently has an average rating of “Hold” and an average price target of $97.00.

BRP Trading Down 1.9 %

Shares of NASDAQ:DOOO opened at $50.75 on Tuesday. BRP has a 52-week low of $46.85 and a 52-week high of $75.59. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.37 and a current ratio of 1.37. The company has a market cap of $3.70 billion, a P/E ratio of 26.99 and a beta of 2.03. The stock’s 50-day moving average is $51.41 and its 200-day moving average is $60.30.

BRP Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be given a dividend of $0.1485 per share. This represents a $0.59 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Tuesday, December 31st. BRP’s dividend payout ratio (DPR) is presently 32.98%.

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.