BRP (NASDAQ:DOOO) Issues FY25 Earnings Guidance

BRP (NASDAQ:DOOO) updated its FY25 earnings guidance on Friday. The company provided EPS guidance of CAD2.75-3.25 for the period, compared to the consensus EPS estimate of $6.09. The company issued revenue guidance of CAD7.8-8.0 billion, compared to the consensus revenue estimate of $8.61 billion. BRP also updated its FY 2025 guidance to 2.010-2.376 EPS.

BRP Trading Down 4.8 %

NASDAQ:DOOO opened at $62.91 on Monday. BRP has a 12-month low of $57.15 and a 12-month high of $79.84. The company has a current ratio of 1.35, a quick ratio of 0.46 and a debt-to-equity ratio of 4.23. The stock’s 50 day simple moving average is $68.18 and its 200-day simple moving average is $67.01. The firm has a market cap of $4.66 billion, a P/E ratio of 11.38 and a beta of 2.07.

BRP (NASDAQ:DOOO) last announced its quarterly earnings data on Friday, September 6th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.23. BRP had a net margin of 5.87% and a return on equity of 101.72%. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Equities analysts anticipate that BRP will post 4.33 EPS for the current year.

BRP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Investors of record on Friday, September 27th will be given a $0.152 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.61 dividend on an annualized basis and a yield of 0.97%. BRP’s payout ratio is currently 10.85%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DOOO. CIBC dropped their target price on BRP from $110.00 to $100.00 and set an outperformer rating on the stock in a research report on Monday, June 3rd. Citigroup upped their price objective on BRP from $73.00 to $80.00 and gave the stock a buy rating in a report on Tuesday, July 16th. Stifel Nicolaus downgraded BRP from a buy rating to a hold rating in a report on Wednesday, August 21st. Finally, National Bank Financial cut shares of BRP from an outperform rating to a sector perform rating in a research note on Wednesday, August 21st. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average target price of $114.40.

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.