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Nervous markets await NvidiaThis summary was created by AI, based on 6 opinions in the last 12 months.
BRP INC. (DOO-T) has faced a challenging period recently, with multiple analysts advising caution. Despite some favorable metrics like growing cash reserves and share buybacks, the company reported disappointing earnings results, including a significant drop in revenue year-over-year. The anticipated earnings guidance for FY2025 has also been cut considerably, reflecting softer industry demand. Several experts have acknowledged the stock's potential for recovery, emphasizing its comparatively low valuation and market share gains in recreational products. However, the overall sentiment suggests a need for vigilance and potentially covering positions at current levels.
DOO reported EPS of 61c, beating estimates of 44c but declining from prior quarterly levels of $3.21. Revenue came in at $1.84B missing estimates of $1.89B and declining 34% year-over-year. Lower revenues were attributed to lower volume across most product lines as it continued to reduce its network inventory levels. Operating margins also dropped 470 basis points as a result of the lower volumes. DOO also cut its FY2025 guidace significantly. Revenue of C$7.8B-C$8B is expected from C$8.6B-C$8.9B, and normalized EPS of C$2.75-C$3.25 is expected from C$6.00-C$7.00. The results were of course not good and highlight the softening industry demand and transitional period the company is entering, as described in our recent report.
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3-5 year hold? An innovative company that captivates its customers. On a 12-month trailing basis is earning 2x what its normalized earnings power is. They sell jet skis and other expensive toys that people bought during the pandemic, and you won't need to replace those anytime soon. It was a 6-bagger during Covid, but has since come off 28%. This will likely grind lower lower before it resumes its uptrend. Still not cheap and expectations are still too high. If you hold this for 3-5 years it's probably okay, but not for him.
BRP INC. is a Canadian stock, trading under the symbol DOO-T on the Toronto Stock Exchange (DOO-CT). It is usually referred to as TSX:DOO or DOO-T
In the last year, 3 stock analysts published opinions about DOO-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BRP INC..
BRP INC. was recommended as a Top Pick by on . Read the latest stock experts ratings for BRP INC..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered BRP INC. In the last year. It is a trending stock that is worth watching.
On 2025-05-02, BRP INC. (DOO-T) stock closed at a price of $47.75.
Our PAST TOP PICK with DOO has triggered its stop at $67. To remain disciplined, we recommend covering the position at this time.