BRP (NASDAQ:DOO) Downgraded to “Hold” Rating by Stifel Nicolaus

Stifel Nicolaus lowered shares of BRP (NASDAQ:DOO) from a buy rating to a hold rating in a research note issued to investors on Friday morning, Marketbeat.com reports.

DOO has been the subject of a number of other research reports. Raymond James Financial cut BRP from a “strong-buy” rating to a “market perform” rating in a report on Friday, April 24th. National Bank Financial cut BRP from an “outperform” rating to a “sector perform” rating in a report on Wednesday, April 15th. TD Cowen cut BRP from a “buy” rating to a “hold” rating in a report on Wednesday, April 15th. Weiss Ratings restated a “hold (c-)” rating on shares of BRP in a report on Monday, March 23rd. Finally, Zacks Research cut BRP from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Four analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $85.33.

BRP Stock Performance

Shares of NASDAQ:DOO opened at $57.77 on Friday. The stock has a market cap of $4.26 billion, a PE ratio of 21.80 and a beta of 0.90. BRP has a 1 year low of $38.18 and a 1 year high of $81.89. The business’s 50-day moving average price is $61.45. The company has a quick ratio of 0.56, a current ratio of 1.27 and a debt-to-equity ratio of 3.92.

BRP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 annualized dividend and a yield of 1.7%. BRP’s dividend payout ratio (DPR) is currently 24.74%.

Institutional Investors Weigh In On BRP

Several large investors have recently added to or reduced their stakes in DOO. QV Investors Inc. acquired a new stake in BRP in the fourth quarter worth $31,701,000. Signaturefd LLC acquired a new stake in BRP in the fourth quarter worth $43,000. Addenda Capital Inc. acquired a new stake in BRP in the fourth quarter worth $1,170,000. Annex Advisory Services LLC acquired a new stake in BRP in the fourth quarter worth $279,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of BRP in the fourth quarter worth $751,000.

BRP News Summary

Here are the key news stories impacting BRP this week:

• Positive Sentiment: BRP reported fiscal Q1 2027 results that beat expectations, with EPS of $1.33 versus $0.75 expected and revenue of $1.74 billion versus $1.52 billion expected; revenue rose 29.5% year over year. Article: BRP Inc. (DOO) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: The company also raised its outlook, guiding FY2027 revenue to $9.1 billion-$9.4 billion and normalized diluted EPS to $3.00-$3.50, both signaling stronger-than-expected growth. Article: BRP Reports Fiscal Year 2027 First Quarter Results
• Positive Sentiment: Citigroup kept a buy rating and only trimmed its price target slightly to $74 from $75, still implying meaningful upside from current levels. Article: Citi Lowered BRP Price Target
• Neutral Sentiment: BRP declared a quarterly dividend of $0.25 per share, which supports shareholder returns but is not a major catalyst on its own. Article: BRP Announces Elections of Directors and Board Committee Composition
• Negative Sentiment: Stifel downgraded BRP from buy to hold, which can pressure sentiment even after the earnings beat. Article: Stifel Downgraded BRP
• Negative Sentiment: Management warned that U.S. tariff changes will create a significant profit hit, and the revised guidance already incorporates those added costs. Article: BRP Restores Financial Outlook, Expects Major Profit Hit Amid U.S. Tariff Changes

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.