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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
66,000% upside on tiny biotech? (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Strange change at your bank (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Strange change at your bank (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
66,000% upside on tiny biotech? (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Strange change at your bank (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Strange change at your bank (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
66,000% upside on tiny biotech? (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Strange change at your bank (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Strange change at your bank (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NASDAQ:DOOO

BRP (DOOO) Stock Price, News & Analysis

$67.66
-0.75 (-1.10%)
(As of 02/22/2024 ET)
Today's Range
$67.66
$68.83
50-Day Range
$62.89
$72.48
52-Week Range
$57.15
$92.74
Volume
86,000 shs
Average Volume
142,772 shs
Market Capitalization
$5.13 billion
P/E Ratio
7.89
Dividend Yield
0.78%
Price Target
$112.38

BRP MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
66.1% Upside
$112.38 Price Target
Short Interest
Healthy
4.99% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.31mentions of BRP in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-20.22%
From $8.26 to $6.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.99 out of 5 stars

Auto/Tires/Trucks Sector

33rd out of 79 stocks

Miscellaneous Transportation Equipment Industry

3rd out of 7 stocks


DOOO stock logo

About BRP Stock (NASDAQ:DOOO)

BRP Inc. is a leading global power sports vehicles and marine products manufacturer. The company's headquarters are in Valcourt, Quebec, Canada, and it operates in over 120 countries worldwide. BRP's product portfolio includes snowmobiles, watercraft, off-road vehicles, and propulsion systems for boats. With a history spanning over 75 years, BRP has established itself as a critical player in the power sports industry.

Jose Boisjoli has been the President and CEO of BRP Inc. since 2003 and the board's chairman since 2019. Boisjoli is a seasoned executive with over 30 years of experience in the power sports industry. Under his leadership, BRP has experienced significant growth and expanded its product portfolio.

Over the past few years, BRP has consistently reported strong financial results. BRP's profit margins have also been excellent, with gross profit margins between 25% - 35%. BRP's liabilities have kept pace or been slightly under its total assets providing evidence of strong fiscal responsibility. BRP's valuation metrics compare favorably to its industry peers staying even or slightly above the industry average. 

BRP's stock has performed well over the past few years, with the company's share price rising from around $15 in early 2020 to an average of $85 a share, which has remained stable for quite some time. The company's stock price has been rallied by strong financial results and investor optimism about the power sports industry. 

The power sports industry has grown steadily in recent years, driven by increased consumer interest and technological advances. Key competitors in the sector include Polaris Industries, Yamaha Motor and Arctic Cat. The industry has also faced regulatory challenges, particularly in the areas of emissions and noise pollution. However, BRP has proactively addressed these challenges, investing in research and development to create more sustainable and eco-friendly products.

BRP has several growth opportunities in the coming years. The company has recently launched several new products, including the Can-Am Ryker and the Sea-Doo Spark Trixx, which consumers have received well. BRP has also expanded into new markets, such as Asia and South America. Additionally, the company has been exploring opportunities in the electric power sports market with the launch of its E-TEC electric propulsion system.

As with any company, BRP faces several risks and challenges. Changes in consumer preferences and economic conditions could impact demand for the company's products. The power sports industry is also highly competitive, with established competitors and new entrants potentially disrupting the market. Additionally, the industry is subject to regulatory and political pressures, particularly in the areas of emissions and noise pollution. BRP's success in addressing these challenges will be crucial to maintaining its position as a leading player in the power sports industry.

DOOO Stock Price History

DOOO Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
BRP CELEBRATES 20 YEARS OF ADVENTURES AND INNOVATION
BRP Inc. downgraded to Neutral from Buy at UBS
See More Headlines
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Company Calendar

Last Earnings
11/30/2023
Ex-Dividend for 1/12 Dividend
12/28/2023
Dividend Payable
1/12/2024
Today
2/22/2024
Next Earnings (Estimated)
3/28/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Miscellaneous transportation equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:DOOO
Fax
N/A
Employees
23,000
Year Founded
2003

Price Target and Rating

Average Stock Price Target
$112.38
High Stock Price Target
$154.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+66.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$661.06 million
Pretax Margin
11.14%

Debt

Sales & Book Value

Annual Sales
$10.75 billion
Cash Flow
$12.65 per share
Book Value
$5.24 per share

Miscellaneous

Free Float
N/A
Market Cap
$5.13 billion
Optionable
Optionable
Beta
2.14

Social Links

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Key Executives

  • Mr. Jose Boisjoli (Age 66)
    President, CEO & Chairman
    Comp: $2.49M
  • Mr. Sebastien Martel (Age 52)
    Chief Financial Officer
    Comp: $914.43k
  • Mr. Thomas Uhr (Age 59)
    Chief Technology Officer
    Comp: $807.51k
  • Mr. Sandy Scullion (Age 55)
    President-Powersports & Marine
    Comp: $932.64k
  • Mr. Stephane Bilodeau (Age 57)
    Chief Information Officer
  • Mr. Philippe Deschenes
    Manager of Treasury & Investor Relations
  • Mr. Martin Langelier (Age 53)
    Chief Legal Officer
    Comp: $678.53k
  • Ms. Josee Perreault (Age 61)
    Chief Marketing Officer
  • Ms. Anne Le Breton (Age 52)
    Executive Vice President of People & Culture
  • Mr. Denys Lapointe (Age 63)
    Chief Design Officer
    Comp: $574.3k














DOOO Stock Analysis - Frequently Asked Questions

Should I buy or sell BRP stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BRP in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DOOO shares.
View DOOO analyst ratings
or view top-rated stocks.

What is BRP's stock price target for 2024?

6 equities research analysts have issued 1 year target prices for BRP's shares. Their DOOO share price targets range from $75.00 to $154.00. On average, they anticipate the company's stock price to reach $112.38 in the next year. This suggests a possible upside of 66.1% from the stock's current price.
View analysts price targets for DOOO
or view top-rated stocks among Wall Street analysts.

How have DOOO shares performed in 2024?

BRP's stock was trading at $71.69 at the start of the year. Since then, DOOO stock has decreased by 5.6% and is now trading at $67.66.
View the best growth stocks for 2024 here
.

Are investors shorting BRP?

BRP saw a drop in short interest in the month of January. As of January 31st, there was short interest totaling 1,610,000 shares, a drop of 9.6% from the January 15th total of 1,780,000 shares. Based on an average daily trading volume, of 138,600 shares, the short-interest ratio is presently 11.6 days. Currently, 5.0% of the company's shares are short sold.
View BRP's Short Interest
.

When is BRP's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024.
View our DOOO earnings forecast
.

How were BRP's earnings last quarter?

BRP Inc. (NASDAQ:DOOO) issued its quarterly earnings results on Thursday, November, 30th. The company reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.06. The business earned $1.82 billion during the quarter, compared to the consensus estimate of $1.90 billion. BRP had a net margin of 8.59% and a trailing twelve-month return on equity of 150.71%.

How often does BRP pay dividends? What is the dividend yield for BRP?

BRP announced a quarterly dividend on Wednesday, November 29th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.13 per share on Friday, January 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, December 28th.
Read our dividend analysis for DOOO
.

Is BRP a good dividend stock?

BRP (NASDAQ:DOOO) pays an annual dividend of $0.53 per share and currently has a dividend yield of 0.80%. The dividend payout ratio is 6.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOOO will have a dividend payout ratio of 8.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOOO.

What guidance has BRP issued on next quarter's earnings?

BRP issued an update on its FY 2024 earnings guidance on Monday, December, 11th. The company provided earnings per share (EPS) guidance of 8.180-8.360 for the period, compared to the consensus EPS estimate of 9.260. The company issued revenue guidance of $7.7 billion-$7.8 billion, compared to the consensus revenue estimate of $8.0 billion.

What other stocks do shareholders of BRP own?
Who are BRP's major shareholders?

BRP's stock is owned by a number of institutional and retail investors. Top institutional investors include Beutel Goodman & Co Ltd. (5.01%), Vanguard Group Inc. (1.68%), Westfield Capital Management Co. LP (1.18%), Goldman Sachs Group Inc. (0.94%), The Manufacturers Life Insurance Company (0.74%) and Norges Bank (0.57%).

How do I buy shares of BRP?

Shares of DOOO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DOOO) was last updated on 2/23/2024 by MarketBeat.com Staff