BRP (TSE:DOO) Price Target Cut to C$96.00

BRP (TSE:DOO) had its price target lowered by DA Davidson from C$105.00 to C$96.00 in a research report released on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the stock. DA Davidson also issued estimates for BRP’s Q3 2025 earnings at $0.64 EPS, FY2025 earnings at $3.00 EPS and FY2026 earnings at $6.00 EPS.

A number of other brokerages have also recently issued reports on DOO. Desjardins cut BRP from a moderate buy rating to a hold rating in a report on Sunday, September 8th. Canaccord Genuity Group set a C$90.00 price objective on BRP and gave the stock a hold rating in a report on Wednesday, August 28th. Scotiabank lowered BRP from an outperform rating to a sector perform rating and lowered their price target for the company from C$103.00 to C$91.00 in a research report on Monday, September 9th. BMO Capital Markets cut their price objective on shares of BRP from C$115.00 to C$100.00 in a report on Monday, September 9th. Finally, CIBC lowered BRP from an outperform rating to a neutral rating and reduced their target price for the company from C$100.00 to C$92.00 in a report on Monday, September 9th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of Hold and a consensus target price of C$96.00.

BRP Stock Performance

DOO stock opened at C$85.09 on Tuesday. BRP has a 1-year low of C$77.42 and a 1-year high of C$108.01. The company has a current ratio of 1.35, a quick ratio of 0.20 and a debt-to-equity ratio of 461.35. The stock has a 50-day moving average price of C$92.36 and a 200-day moving average price of C$91.16. The firm has a market cap of C$3.03 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 2.05 and a beta of 2.33.

BRP (TSE:DOO) last issued its quarterly earnings results on Friday, September 6th. The company reported C$0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.30 by C$0.31. The firm had revenue of C$1.84 billion for the quarter, compared to analyst estimates of C$1.85 billion. BRP had a return on equity of 94.59% and a net margin of 5.83%. As a group, equities research analysts expect that BRP will post 8.3681507 earnings per share for the current year.

BRP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.99%. BRP’s dividend payout ratio (DPR) is currently 11.28%.

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.