Brp Inc Stock Today

DOOO Stock  USD 67.10  3.45  5.42%   

Performance

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Odds Of Distress

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BRP is selling at 67.10 as of the 28th of March 2024; that is 5.42 percent up since the beginning of the trading day. The stock's open price was 63.65. BRP has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for BRP Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
16th of July 2013
Category
Consumer Cyclical
Classification
Consumer Discretionary
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, Latin America, and internationally. BRP Inc. was founded in 1937 and is headquartered in Valcourt, Canada. The company has 35.05 M outstanding shares of which 1.92 M shares are currently shorted by private and institutional investors with about 14.19 trading days to cover. More on BRP Inc

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BRP Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BRP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BRP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorJose Boisjoli
Thematic Ideas
(View all Themes)
Business ConcentrationLeisure Products, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Recreation, Cars, Automobiles and Trucks, Consumer Discretionary, Leisure Products, Recreational Vehicles, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering BRP report their recommendations after researching BRP's financial statements, talking to executives and customers, or listening in on BRP's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BRP Inc. The BRP consensus assessment is calculated by taking the average forecast from all of the analysts covering BRP.
Financial Strength
Based on the analysis of BRP's profitability, liquidity, and operating efficiency, BRP Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of BRP Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06420.12
Way Down
Slightly volatile
Asset Turnover1.241.4
Fairly Down
Very volatile
Gross Profit Margin0.20.22
Significantly Down
Slightly volatile
Net Debt3.4 B3.2 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.6 B2.9 B
Way Down
Slightly volatile
Non Current Liabilities Total2.2 BB
Way Down
Slightly volatile
Total Assets7.8 B7.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities561.9 M746.9 M
Way Down
Slightly volatile
BRP's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BRP's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BRP's financial leverage. It provides some insight into what part of BRP's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on BRP's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how BRP deploys its capital and how much of that capital is borrowed.
Liquidity
BRP cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.02 B in liabilities. BRP Inc has a current ratio of 1.06, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist BRP until it has trouble settling it off, either with new capital or with free cash flow. So, BRP's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BRP Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BRP to invest in growth at high rates of return. When we think about BRP's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

993.89 Million
BRP Inc (DOOO) is traded on NASDAQ Exchange in USA. It is located in 726, rue Saint-Joseph, Valcourt, QC, Canada, J0E 2L0 and employs 23,000 people. BRP is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BRP's market, we take the total number of its shares issued and multiply it by BRP's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BRP Inc conducts business under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 35.05 M outstanding shares of which 1.92 M shares are currently shorted by private and institutional investors with about 14.19 trading days to cover. BRP Inc currently holds about 59.1 M in cash with 649.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75.
Check BRP Probability Of Bankruptcy
Ownership Allocation
BRP holds a total of 35.05 Million outstanding shares. The majority of BRP Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in BRP Inc to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in BRP. Please pay attention to any change in the institutional holdings of BRP Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BRP Ownership Details

BRP Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of BRP jumping above the current price in 90 days from now is about 41.85%. The BRP Inc probability density function shows the probability of BRP stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4406 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BRP will likely underperform. Additionally, bRP Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 67.1HorizonTargetOdds Above 67.1
57.90%90 days
 67.10 
41.85%
Based on a normal probability distribution, the odds of BRP to move above the current price in 90 days from now is about 41.85 (This BRP Inc probability density function shows the probability of BRP Stock to fall within a particular range of prices over 90 days) .

BRP Stock Institutional Holders

Institutional Holdings refers to the ownership stake in BRP that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BRP's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BRP's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
588.1 K
Royal Bank Of Canada2023-12-31
564.6 K
Manufacturers Life Insurance Co2023-12-31
559.5 K
Alliancebernstein L.p.2023-12-31
436.4 K
Norges Bank2023-12-31
428.5 K
Millennium Management Llc2023-12-31
367.9 K
Fidelity International Ltd2023-12-31
362 K
Mackenzie Investments2023-12-31
349.2 K
Point72 Asset Management, L.p.2023-09-30
319.5 K
Beutel, Goodman & Company Ltd.2023-12-31
3.8 M
Goldman Sachs Group Inc2023-12-31
1.4 M
View BRP Diagnostics

BRP Historical Income Statement

BRP Inc Income Statement is one of the three primary financial statements used for reporting BRP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BRP Inc revenue and expense. BRP Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BRP's Cost Of Revenue is very stable compared to the past year. As of the 28th of March 2024, Income Before Tax is likely to grow to about 1.4 B, while Interest Expense is likely to drop about 72.5 M. View More Fundamentals

BRP Stock Against Markets

Picking the right benchmark for BRP stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BRP stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BRP is critical whether you are bullish or bearish towards BRP Inc at a given time. Please also check how BRP's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BRP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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BRP Corporate Directors

BRP corporate directors refer to members of a BRP board of directors. The board of directors generally takes responsibility for the BRP's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BRP's board members must vote for the resolution. The BRP board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Joseph RobbinsNon-Executive DirectorProfile
Estelle MetayerNon-Executive Independent DirectorProfile
Michael HanleyNon-Executive Independent DirectorProfile
Daniel ONeillNon-Executive Independent DirectorProfile

How to buy BRP Stock?

Before investing in BRP, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BRP. To buy BRP stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of BRP. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase BRP stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located BRP Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased BRP Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BRP Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BRP Stock please use our How to Invest in BRP guide.

Already Invested in BRP Inc?

The danger of trading BRP Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BRP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BRP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BRP Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BRP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BRP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brp Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running BRP's price analysis, check to measure BRP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BRP is operating at the current time. Most of BRP's value examination focuses on studying past and present price action to predict the probability of BRP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRP's price. Additionally, you may evaluate how the addition of BRP to your portfolios can decrease your overall portfolio volatility.
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Is BRP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BRP. If investors know BRP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BRP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Dividend Share
0.7
Earnings Share
8.47
Revenue Per Share
137.833
Quarterly Revenue Growth
(0.09)
The market value of BRP Inc is measured differently than its book value, which is the value of BRP that is recorded on the company's balance sheet. Investors also form their own opinion of BRP's value that differs from its market value or its book value, called intrinsic value, which is BRP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BRP's market value can be influenced by many factors that don't directly affect BRP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.