What is Scotiabank’s Forecast for BRP FY2027 Earnings?

BRP Inc. (TSE:DOOFree Report) – Analysts at Scotiabank upped their FY2027 EPS estimates for shares of BRP in a research note issued to investors on Friday, May 29th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $3.36 for the year, up from their prior forecast of $2.86. Scotiabank has a “Sector Perform” rating and a $83.00 price target on the stock. The consensus estimate for BRP’s current full-year earnings is $6.89 per share.

BRP (TSE:DOOGet Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported C$1.83 EPS for the quarter. BRP had a net margin of 3.01% and a return on equity of 46.01%. The company had revenue of C$2.39 billion for the quarter.

Other analysts have also issued reports about the stock. BMO Capital Markets boosted their price objective on shares of BRP from C$115.00 to C$120.00 and gave the company an “outperform” rating in a report on Friday, March 27th. Stifel Nicolaus lowered shares of BRP from a “buy” rating to a “hold” rating and cut their price target for the stock from C$92.00 to C$85.00 in a research note on Friday. Royal Bank Of Canada boosted their price target on shares of BRP from C$107.00 to C$113.00 and gave the stock an “outperform” rating in a research note on Friday. Wells Fargo & Company boosted their price target on shares of BRP from C$105.00 to C$110.00 and gave the stock an “overweight” rating in a research note on Friday, March 27th. Finally, Canaccord Genuity Group lowered shares of BRP from a “buy” rating to a “hold” rating and cut their price target for the stock from C$118.00 to C$90.00 in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, BRP presently has an average rating of “Moderate Buy” and an average price target of C$98.73.

Read Our Latest Stock Analysis on BRP

BRP Price Performance

BRP stock opened at C$80.91 on Tuesday. The company’s fifty day moving average price is C$84.56 and its 200 day moving average price is C$94.79. BRP has a 1 year low of C$59.43 and a 1 year high of C$112.26. The stock has a market capitalization of C$5.93 billion, a P/E ratio of 22.11, a P/E/G ratio of 2.05 and a beta of 1.03. The company has a debt-to-equity ratio of 419.45, a quick ratio of 0.20 and a current ratio of 1.30.

BRP Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 24th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. BRP’s dividend payout ratio (DPR) is currently 24.45%.

BRP Company Profile

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BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after discontinuing the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, acquiring boat manufacturers Alumacraft, Triton (which makes Manitou pontoon boats), and Telwater (in Australia).

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Earnings History and Estimates for BRP (TSE:DOO)

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