BRP (NASDAQ:DOOO) Updates FY 2025 Earnings Guidance

BRP (NASDAQ:DOOO) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 5.370-6.110 for the period, compared to the consensus earnings per share estimate of 6.670. The company issued revenue guidance of $6.7 billion-$7.0 billion, compared to the consensus revenue estimate of $7.4 billion. BRP also updated its FY25 guidance to CAD7.25-8.25 EPS.

Wall Street Analysts Forecast Growth

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

BRP Trading Up 2.5 %

Shares of DOOO stock opened at $63.65 on Thursday. The company has a debt-to-equity ratio of 4.00, a quick ratio of 0.41 and a current ratio of 1.40. The stock has a market capitalization of $4.83 billion, a P/E ratio of 7.42 and a beta of 2.12. The company has a 50 day moving average price of $65.26 and a 200 day moving average price of $68.78. BRP has a fifty-two week low of $57.15 and a fifty-two week high of $92.74.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wolverine Trading LLC acquired a new position in shares of BRP in the fourth quarter valued at approximately $247,000. Moors & Cabot Inc. grew its holdings in BRP by 8.2% during the 1st quarter. Moors & Cabot Inc. now owns 2,638 shares of the company’s stock worth $216,000 after acquiring an additional 200 shares in the last quarter. BlackRock Inc. acquired a new position in BRP during the 1st quarter worth approximately $214,000. UBS Group AG grew its holdings in BRP by 32.7% during the 1st quarter. UBS Group AG now owns 2,237 shares of the company’s stock worth $175,000 after acquiring an additional 551 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in BRP during the 3rd quarter worth approximately $169,000.

About BRP

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.