BRP (NASDAQ:DOOO) Updates FY25 Earnings Guidance

BRP (NASDAQ:DOOO) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of CAD7.25-8.25 for the period, compared to the consensus earnings per share estimate of $9.00. The company issued revenue guidance of CAD9.1-9.5 billion, compared to the consensus revenue estimate of $10.01 billion. BRP also updated its FY 2025 guidance to 5.370-6.110 EPS.

BRP Trading Up 5.4 %

Shares of DOOO stock opened at $67.10 on Friday. BRP has a 12-month low of $57.15 and a 12-month high of $92.74. The company has a current ratio of 1.40, a quick ratio of 0.41 and a debt-to-equity ratio of 4.00. The stock’s 50-day moving average price is $65.24 and its 200-day moving average price is $68.77. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 7.82 and a beta of 2.12.

BRP Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 22nd. Stockholders of record on Monday, April 8th will be issued a $0.1545 dividend. The ex-dividend date is Friday, April 5th. This represents a $0.62 annualized dividend and a dividend yield of 0.92%. BRP’s dividend payout ratio (DPR) is 6.18%.

Wall Street Analyst Weigh In

Several research analysts recently commented on DOOO shares. Canaccord Genuity Group lowered BRP from a buy rating to a hold rating in a research report on Friday, December 1st. UBS Group lowered BRP from a buy rating to a neutral rating in a research report on Monday, December 4th. Finally, TheStreet lowered BRP from a b- rating to a c+ rating in a research report on Monday, February 26th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, BRP currently has an average rating of Hold and an average target price of $129.88.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Wolverine Trading LLC purchased a new position in shares of BRP during the fourth quarter valued at approximately $247,000. Moors & Cabot Inc. boosted its position in shares of BRP by 8.2% during the first quarter. Moors & Cabot Inc. now owns 2,638 shares of the company’s stock valued at $216,000 after buying an additional 200 shares during the period. BlackRock Inc. purchased a new position in shares of BRP during the first quarter valued at approximately $214,000. UBS Group AG raised its stake in shares of BRP by 32.7% during the first quarter. UBS Group AG now owns 2,237 shares of the company’s stock valued at $175,000 after acquiring an additional 551 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in shares of BRP during the third quarter valued at approximately $169,000.

BRP Company Profile

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in North America, Europe, Australia, New Zealand, and Latin America. The company operates through two segments, Powersports and Marine. The Powersports segment offers year-round products, such as Can-Am ATVs, SSVs, and 3WVs; seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs and pontoons, and Rotax engines for karts and recreational aircraft.