Brp Inc Stock Net Income
| DOOO Stock | USD 68.74 0.43 0.62% |
BRP Inc fundamentals help investors to digest information that contributes to BRP's financial success or failures. It also enables traders to predict the movement of BRP Stock. The fundamental analysis module provides a way to measure BRP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BRP stock.
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 744.5 M | 781.7 M | |
| Net Income Applicable To Common Shares | 913 M | 958.6 M | |
| Net Income | 743.4 M | 780.6 M | |
| Net Income Per Share | 9.63 | 10.12 | |
| Net Income Per E B T | 0.81 | 0.55 |
BRP | Net Income |
BRP Inc Company Net Income Analysis
BRP's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current BRP Net Income | 743.4 M |
Most of BRP's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BRP Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BRP Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for BRP is extremely important. It helps to project a fair market value of BRP Stock properly, considering its historical fundamentals such as Net Income. Since BRP's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BRP's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BRP's interrelated accounts and indicators.
BRP Net Income Historical Pattern
Today, most investors in BRP Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BRP's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of BRP net income as a starting point in their analysis.
BRP Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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BRP Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, BRP Inc reported net income of 743.4 M. This is 45.58% higher than that of the Leisure Products sector and significantly higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 30.2% lower than that of the firm.
BRP Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BRP's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BRP could also be used in its relative valuation, which is a method of valuing BRP by comparing valuation metrics of similar companies.BRP is currently under evaluation in net income category among related companies.
BRP Current Valuation Drivers
We derive many important indicators used in calculating different scores of BRP from analyzing BRP's financial statements. These drivers represent accounts that assess BRP's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BRP's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.3B | 7.7B | 8.7B | 8.8B | 6.5B | 4.1B | |
| Enterprise Value | 8.1B | 9.0B | 10.7B | 11.6B | 9.0B | 5.1B |
BRP 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.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 588.1 K | Royal Bank Of Canada | 2023-12-31 | 564.6 K | Manufacturers Life Insurance Co | 2023-12-31 | 559.5 K | Alliancebernstein L.p. | 2023-12-31 | 436.4 K | Norges Bank | 2023-12-31 | 428.5 K | Millennium Management Llc | 2023-12-31 | 367.9 K | Fidelity International Ltd | 2023-12-31 | 362 K | Mackenzie Investments | 2023-12-31 | 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 Inc | 2023-12-31 | 1.4 M |
BRP Fundamentals
| Return On Equity | 1.1 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 7.62 B | ||||
| Shares Outstanding | 36.49 M | ||||
| Shares Owned By Insiders | 2.76 % | ||||
| Shares Owned By Institutions | 71.30 % | ||||
| Number Of Shares Shorted | 1.59 M | ||||
| Price To Earning | 21.41 X | ||||
| Price To Book | 8.85 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 10.37 B | ||||
| Gross Profit | 2.14 B | ||||
| EBITDA | 1.65 B | ||||
| Net Income | 743.4 M | ||||
| Cash And Equivalents | 59.1 M | ||||
| Cash Per Share | 0.75 X | ||||
| Total Debt | 2.95 B | ||||
| Current Ratio | 1.08 X | ||||
| Book Value Per Share | 10.79 X | ||||
| Cash Flow From Operations | 1.49 B | ||||
| Short Ratio | 15.51 X | ||||
| Earnings Per Share | 6.91 X | ||||
| Price To Earnings To Growth | 2.04 X | ||||
| Target Price | 74.23 | ||||
| Number Of Employees | 20 K | ||||
| Beta | 2.38 | ||||
| Market Capitalization | 5.16 B | ||||
| Total Asset | 6.78 B | ||||
| Retained Earnings | 443.1 M | ||||
| Working Capital | 1.02 B | ||||
| Current Asset | 1.53 B | ||||
| Current Liabilities | 1.66 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.58 % | ||||
| Net Asset | 6.78 B | ||||
| Last Dividend Paid | 0.72 |
About BRP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BRP Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BRP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BRP Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with BRP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BRP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BRP will appreciate offsetting losses from the drop in the long position's value.Moving against BRP Stock
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| 0.51 | DXYN | Dixie Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BRP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BRP Inc to buy it.
The correlation of BRP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BRP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out BRP Piotroski F Score and BRP Altman Z Score analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for BRP Stock analysis
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 (0.46) | Dividend Share 0.72 | Earnings Share 6.91 | Revenue Per Share 134.346 | Quarterly Revenue Growth (0.12) |
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.