BRP (NASDAQ:DOO) Updates FY 2027 Earnings Guidance

BRP (NASDAQ:DOO) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 2.889-3.251 for the period, compared to the consensus EPS estimate of 2.710. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion.

BRP Stock Performance

Shares of NASDAQ DOO traded up $0.92 during mid-day trading on Thursday, reaching $64.22. 1,168,233 shares of the company’s stock were exchanged, compared to its average volume of 309,469. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 24.23 and a beta of 0.88. BRP has a 52 week low of $48.83 and a 52 week high of $81.89. The company has a debt-to-equity ratio of 3.41, a current ratio of 1.30 and a quick ratio of 0.61. The firm has a 50-day moving average price of $62.08 and a two-hundred day moving average price of $63.19.

BRP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Tuesday, September 29th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, September 29th. BRP’s payout ratio is presently 26.42%.

Wall Street Analysts Forecast Growth

DOO has been the subject of several research analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of BRP in a research note on Friday, May 29th. Zacks Research upgraded BRP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of BRP in a research note on Thursday, July 2nd. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of BRP in a report on Friday, May 29th. Finally, UBS Group dropped their price objective on shares of BRP from $78.00 to $68.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Six research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $83.00.

Key Stories Impacting BRP

Here are the key news stories impacting BRP this week:

• Positive Sentiment: BRP reported second-quarter revenue of $2.24 billion, up 18.5% year over year, helped by higher off-road vehicle shipments and a favorable side-by-side vehicle mix. The company also gained North American off-road market share. BRP Presents Its Second Quarter Results for Fiscal Year 2027
• Positive Sentiment: Adjusted quarterly results exceeded expectations: BRP reported an adjusted loss of approximately $0.13 per share versus the projected $0.46 loss. This earnings beat likely helped support the stock.
• Positive Sentiment: BRP raised its fiscal 2027 outlook. The updated EPS range of $2.889 to $3.251 is above the $2.710 consensus estimate, while revenue guidance of $6.7 billion to $6.8 billion is broadly in line with expectations. The company’s release also cited normalized diluted EPS guidance of $4.00 to $4.50 for the full year. BRP Reports Second-Quarter Loss and Raises Full-Year Outlook
• Positive Sentiment: National Bank Financial upgraded BRP from “sector perform” to “outperform,” signaling improved confidence in the company’s outlook and potentially attracting additional buying interest.
• Neutral Sentiment: BRP declared a quarterly dividend of $0.25 per share, equivalent to an annualized yield of approximately 1.6%. The payout provides shareholder support but is unlikely to be the primary driver of the move.
• Neutral Sentiment: CFO Sébastien Martel will retire October 1, with Minh Thanh Tran taking over. The planned transition appears orderly, but investors may monitor execution during the change in financial leadership. BRP Announces Planned Financial Leadership Transition
• Negative Sentiment: BRP posted a $136.8 million net loss, while normalized EBITDA fell 34.9% to $138.8 million. The deterioration in profitability and weaker earnings compared with last year remain key risks despite the revenue growth and guidance increase.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. XTX Topco Ltd purchased a new stake in BRP during the fourth quarter valued at about $361,000. Investment Management Corp of Ontario purchased a new stake in BRP during the 4th quarter valued at about $312,000. ExodusPoint Capital Management LP purchased a new position in BRP in the 4th quarter worth approximately $728,000. Walleye Capital LLC bought a new stake in BRP in the fourth quarter valued at approximately $315,000. Finally, Renaissance Technologies LLC bought a new stake in BRP in the fourth quarter valued at approximately $672,000.

BRP Company Profile

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.