BRP (NASDAQ:DOOO) Updates 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.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. CIBC dropped their price objective on BRP from $110.00 to $100.00 and set an outperformer rating for the company in a research note on Monday, June 3rd. Citigroup upped their price target on BRP from $73.00 to $80.00 and gave the stock a buy rating in a research note on Tuesday, July 16th. Stifel Nicolaus downgraded shares of BRP from a buy rating to a hold rating in a report on Wednesday, August 21st. Finally, National Bank Financial downgraded shares of BRP from an outperform rating to a sector perform rating in a report 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 company. According to MarketBeat, the company currently has an average rating of Moderate Buy and a consensus price target of $122.75.

BRP Price Performance

Shares of NASDAQ DOOO traded down $2.44 during mid-day trading on Friday, hitting $63.64. 216,628 shares of the company’s stock traded hands, compared to its average volume of 120,361. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.35 and a quick ratio of 0.46. BRP has a 1 year low of $57.15 and a 1 year high of $79.84. The company’s 50-day moving average is $68.20 and its two-hundred day moving average is $67.05. The company has a market capitalization of $4.72 billion, a P/E ratio of 11.95 and a beta of 2.07.

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.