Brokers Issue Forecasts for BRP’s Q3 Earnings (NASDAQ:DOOO)

BRP Inc. (NASDAQ:DOOO) – Investment analysts at Desjardins raised their Q3 2026 earnings per share (EPS) estimates for shares of BRP in a research report issued to clients and investors on Friday, October 10th. Desjardins analyst B. Poirier now anticipates that the company will post earnings per share of $0.89 for the quarter, up from their previous estimate of $0.86. 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 $1.49 EPS, FY2026 earnings at $3.38 EPS, FY2027 earnings at $4.46 EPS and FY2028 earnings at $5.82 EPS.

Several other equities research analysts also recently issued reports on the company. TD Securities restated a “buy” rating on shares of BRP in a report on Tuesday, September 2nd. UBS Group lifted their price objective on BRP from $35.00 to $70.00 and gave the stock a “neutral” rating in a report on Friday, September 5th. Zacks Research upgraded BRP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 2nd. Scotiabank restated a “sector perform” rating on shares of BRP in a report on Tuesday, September 2nd. Finally, BMO Capital Markets restated an “outperform” rating on shares of BRP in a report on Tuesday, September 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $72.75.

BRP Price Performance

DOOO stock opened at $65.21 on Monday. The company has a quick ratio of 0.55, a current ratio of 1.34 and a debt-to-equity ratio of 5.54. BRP has a 52-week low of $31.78 and a 52-week high of $68.42. The stock’s 50 day moving average is $61.02 and its two-hundred day moving average is $48.78. The company has a market capitalization of $4.76 billion, a PE ratio of -271.71 and a beta of 1.19.

BRP (NASDAQ:DOOO) last announced its earnings results on Friday, August 29th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.33 by $0.34. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.77 billion. BRP had a positive return on equity of 61.26% and a negative net margin of 0.34%. BRP has set its FY 2026 guidance at 3.090-3.460 EPS.

BRP Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be given a dividend of $0.215 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.86 dividend on an annualized basis and a yield of 1.3%. This is an increase from BRP’s previous quarterly dividend of $0.16. BRP’s payout ratio is presently -262.50%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DOOO. Mackenzie Financial Corp boosted its position in BRP by 51.1% during the 2nd quarter. Mackenzie Financial Corp now owns 2,847,424 shares of the company’s stock valued at $138,302,000 after purchasing an additional 962,696 shares during the period. Goldman Sachs Group Inc. raised its stake in BRP by 144.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 723,443 shares of the company’s stock valued at $24,460,000 after acquiring an additional 427,434 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in BRP by 14.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,744,879 shares of the company’s stock valued at $92,805,000 after acquiring an additional 346,114 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in BRP by 696.2% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 291,203 shares of the company’s stock valued at $14,144,000 after acquiring an additional 254,627 shares in the last quarter. Finally, Montrusco Bolton Investments Inc. bought a new stake in BRP during the 2nd quarter valued at $11,139,000.

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.