Recent Research Analysts’ Ratings Changes for BRP (DOOO)

A number of firms have modified their ratings and price targets on shares of BRP (NASDAQ: DOOO) recently:

• 4/4/2025 – BRP had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $43.00 price target on the stock, down previously from $48.00.
• 4/4/2025 – BRP was upgraded by analysts at Citigroup Inc. from a “sell” rating to a “neutral” rating. They now have a $37.00 price target on the stock, up previously from $27.00.
• 4/4/2025 – BRP was downgraded by analysts at Baird R W from a “strong-buy” rating to a “hold” rating.
• 3/28/2025 – BRP had its “sell” rating reaffirmed by analysts at Citigroup Inc.. They now have a $27.00 price target on the stock, down previously from $29.00.
• 3/27/2025 – BRP had its “hold” rating reaffirmed by analysts at TD Securities.
• 3/27/2025 – BRP had its “strong-buy” rating reaffirmed by analysts at Raymond James.
• 3/20/2025 – BRP was downgraded by analysts at Citigroup Inc. from a “neutral” rating to a “sell” rating. They now have a $29.00 price target on the stock, down previously from $48.00.

BRP Price Performance

DOOO stock traded down $0.53 during trading on Tuesday, hitting $35.17. 27,824 shares of the company’s stock traded hands, compared to its average volume of 147,652. The company has a debt-to-equity ratio of 5.19, a quick ratio of 0.57 and a current ratio of 1.37. BRP Inc. has a 52 week low of $33.05 and a 52 week high of $74.00. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 18.70 and a beta of 1.71. The business has a fifty day simple moving average of $40.42 and a 200 day simple moving average of $48.31.

BRP (NASDAQ:DOOO) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.07. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.97 billion. BRP had a net margin of 2.29% and a return on equity of 61.20%. As a group, research analysts expect that BRP Inc. will post 3.15 EPS for the current fiscal year.

BRP Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, April 4th will be issued a dividend of $0.1508 per share. This represents a $0.60 annualized dividend and a yield of 1.72%. The ex-dividend date is Friday, April 4th. This is a boost from BRP’s previous quarterly dividend of $0.15. BRP’s payout ratio is -29.21%.

Institutional Trading of BRP

A number of hedge funds have recently added to or reduced their stakes in DOOO. Turtle Creek Asset Management Inc. grew its stake in BRP by 29.0% during the fourth quarter. Turtle Creek Asset Management Inc. now owns 2,970,680 shares of the company’s stock worth $151,118,000 after buying an additional 668,607 shares during the period. Capital World Investors lifted its position in shares of BRP by 101.2% during the 4th quarter. Capital World Investors now owns 1,971,033 shares of the company’s stock worth $100,386,000 after purchasing an additional 991,392 shares during the last quarter. Mackenzie Financial Corp raised its position in BRP by 71.7% in the fourth quarter. Mackenzie Financial Corp now owns 1,639,265 shares of the company’s stock worth $83,399,000 after purchasing an additional 684,651 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of BRP by 23.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,514,230 shares of the company’s stock valued at $77,223,000 after purchasing an additional 288,004 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of BRP by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 1,224,330 shares of the company’s stock valued at $62,355,000 after acquiring an additional 19,874 shares during the last quarter.

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.