Desjardins Issues Pessimistic Outlook for BRP Earnings

BRP Inc. (NASDAQ:DOOO) – Analysts at Desjardins cut their Q2 2026 EPS estimates for BRP in a note issued to investors on Thursday, May 29th. Desjardins analyst B. Poirier now anticipates that the company will earn $0.35 per share for the quarter, down from their prior estimate of $0.44. Desjardins currently has a “Buy” rating on the stock. The consensus estimate for BRP’s current full-year earnings is $3.15 per share. Desjardins also issued estimates for BRP’s Q4 2026 earnings at $0.94 EPS and FY2027 earnings at $3.15 EPS.

BRP (NASDAQ:DOOO) last posted its earnings results on Thursday, May 29th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.78 billion. BRP had a net margin of 2.29% and a return on equity of 61.20%.

Other analysts have also issued reports about the stock. Citigroup upgraded shares of BRP from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $27.00 to $37.00 in a report on Friday, April 4th. Stifel Canada upgraded shares of BRP from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 29th. UBS Group lowered their price objective on shares of BRP from $45.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, April 23rd. Baird R W lowered shares of BRP from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. Finally, Raymond James restated a “strong-buy” rating on shares of BRP in a report on Thursday, March 27th. Eight research analysts have rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, BRP presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.33.

BRP Stock Performance

BRP stock opened at $45.24 on Monday. The company has a current ratio of 1.37, a quick ratio of 0.57 and a debt-to-equity ratio of 5.19. The firm has a 50-day moving average of $35.83 and a 200-day moving average of $42.80. The firm has a market cap of $3.30 billion, a P/E ratio of 24.06 and a beta of 1.17. BRP has a 1-year low of $31.78 and a 1-year high of $74.00.

BRP Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be given a dividend of $0.1557 per share. The ex-dividend date is Monday, June 30th. This represents a $0.62 annualized dividend and a dividend yield of 1.38%. This is an increase from BRP’s previous quarterly dividend of $0.15. BRP’s dividend payout ratio (DPR) is -143.90%.

Institutional Investors Weigh In On BRP

Institutional investors and hedge funds have recently made changes to their positions in the company. Quadrant Capital Group LLC raised its stake in BRP by 259.3% during the 4th quarter. Quadrant Capital Group LLC now owns 679 shares of the company’s stock valued at $35,000 after buying an additional 490 shares during the last quarter. Signaturefd LLC raised its stake in BRP by 296.1% during the 4th quarter. Signaturefd LLC now owns 1,208 shares of the company’s stock valued at $61,000 after buying an additional 903 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in BRP during the 1st quarter valued at $70,000. Dnca Finance raised its stake in BRP by 36.1% during the 4th quarter. Dnca Finance now owns 1,390 shares of the company’s stock valued at $71,000 after buying an additional 369 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new stake in BRP during the 4th quarter valued at $77,000.

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.