Is BRP Stock a Good Investment?

BRP Investment Advice

  DOOO
To provide specific investment advice or recommendations on BRP Inc stock, we recommend investors consider the following general factors when evaluating BRP Inc. This will help you to make an informed decision on whether to include BRP in one of your diversified portfolios:
  • Examine BRP's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research BRP's leadership team and their track record. Good management can help BRP navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Leisure Products space and any emerging trends that could impact BRP's business and its evolving consumer preferences.
  • Compare BRP's performance and market position to its competitors. Analyze how BRP is positioned in terms of product offerings, innovation, and market share.
  • Check if BRP pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about BRP's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in BRP Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if BRP Inc is a good investment.
 
Sell
 
Buy
Cautious Hold
Macroaxis provides unbiased investment recommendation on BRP Inc that should be used to complement current analysts and expert consensus on BRP Inc. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure BRP is not overpriced, please confirm all BRP Inc fundamentals, including its cash flow from operations, working capital, and the relationship between the cash and equivalents and number of employees . Given that BRP Inc has a price to earning of 21.41 X, we suggest you to validate BRP Inc market performance and probability of bankruptcy to ensure the company can sustain itself next year given your prevailing risk tolerance and investing horizon.

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine BRP Stock

Researching BRP's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 71.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.04. BRP Inc recorded earning per share (EPS) of 6.91. The entity last dividend was issued on the 5th of April 2024.
To determine if BRP is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding BRP's research are outlined below:
About 71.0% of the company shares are held by institutions such as insurance companies
On 22nd of April 2024 BRP paid $ 0.1545 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: BRP ANNOUNCES ANNUAL GENERAL MEETING WILL BE HELD ON MAY 31, 2024
BRP uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in BRP Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to BRP's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
28th of March 2024
Upcoming Quarterly Report
View
6th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
28th of March 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View
Earnings surprises can significantly impact BRP's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises BRP's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-06-09
2016-04-300.060.04-0.0233 
2013-09-12
2013-07-310.040.070.0375 
2015-09-11
2015-07-31-0.020.030.05250 
2014-06-12
2014-04-300.090.140.0555 
2016-03-18
2016-01-310.680.750.0710 
2014-12-12
2014-10-310.670.6-0.0710 
2019-05-30
2019-04-300.620.54-0.0812 
2013-12-12
2013-10-310.420.50.0819 

Know BRP's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as BRP is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BRP Inc backward and forwards among themselves. BRP's institutional investor refers to the entity that pools money to purchase BRP's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
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
Note, although BRP's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

BRP's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.16 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.

Market Cap

4.06 Billion

BRP's profitablity analysis

BRP's profitability indicators refer to fundamental financial ratios that showcase BRP's ability to generate income relative to its revenue or operating costs. If, let's say, BRP is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, BRP's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of BRP's profitability requires more research than a typical breakdown of BRP's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.12  0.08 
Return On Capital Employed 0.29  0.22 
Return On Assets 0.11  0.07 
Return On Equity 0.92  0.96 
The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11.
Determining BRP's profitability involves analyzing its financial statements and using various financial metrics to determine if BRP is a good buy. For example, gross profit margin measures BRP's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of BRP's profitability and make more informed investment decisions.
The data published in BRP's official financial statements usually reflect BRP's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of BRP Inc. For example, before you start analyzing numbers published by BRP accountants, it's critical to develop an understanding of what BRP's liquidity, profitability, and earnings quality are in the context of the Leisure Products space in which it operates.
Please note, the presentation of BRP's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BRP's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in BRP's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BRP Inc. Please utilize our Beneish M Score to check the likelihood of BRP's management manipulating its earnings.

Evaluate BRP's management efficiency

BRP Inc has return on total asset (ROA) of 0.1216 % which means that it generated a profit of $0.1216 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.0997 %, meaning that it created $1.0997 on every $100 dollars invested by stockholders. BRP's management efficiency ratios could be used to measure how well BRP manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of April 2024, Return On Equity is likely to grow to 0.96, while Return On Tangible Assets are likely to drop 0.08. At this time, BRP's Other Current Assets are very stable compared to the past year. As of the 30th of April 2024, Non Currrent Assets Other is likely to grow to about 22.7 M, while Total Assets are likely to drop about 3.9 B.
Last ReportedProjected for Next Year
Book Value Per Share 10.48  11.01 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 1.93  2.02 
Enterprise Value Over EBITDA 5.44  10.32 
Price Book Value Ratio 8.06  8.46 
Enterprise Value Multiple 5.44  10.32 
Price Fair Value 8.06  8.46 
Enterprise ValueB5.1 B
The analysis of BRP's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze BRP's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of BRP Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0089
Forward Dividend Yield
0.0089
Forward Dividend Rate
0.61
Beta
2.379

Basic technical analysis of BRP Stock

As of the 30th of April, BRP shows the risk adjusted performance of 0.0282, and Mean Deviation of 1.67. BRP Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for BRP Inc, which can be compared to its peers. Please confirm BRP Inc standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if BRP Inc is priced some-what accurately, providing market reflects its regular price of 69.4 per share. Given that BRP has jensen alpha of (0.03), we suggest you to validate BRP Inc's prevailing market performance to make sure the company can sustain itself at some point in the future.

Understand BRP's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing BRP's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider BRP's intraday indicators

BRP intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of BRP stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

BRP Corporate Filings

6K
25th of April 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
18th of April 2024
Other Reports
ViewVerify
13A
14th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
BRP time-series forecasting models is one of many BRP's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary BRP's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

BRP Stock media impact

Far too much social signal, news, headlines, and media speculation about BRP that are available to investors today. That information is available publicly through BRP media outlets and privately through word of mouth or via BRP internal channels. However, regardless of the origin, that massive amount of BRP data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of BRP news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of BRP relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to BRP's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive BRP alpha.

BRP Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards BRP can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

BRP Inc Historical Investor Sentiment

Investor biases related to BRP's public news can be used to forecast risks associated with an investment in BRP. The trend in average sentiment can be used to explain how an investor holding BRP can time the market purely based on public headlines and social activities around BRP Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BRP's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BRP and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average BRP news discussions. The higher the estimate score, the more favorable the investor's outlook on BRP.

BRP Maximum Pain Price across 2024-05-17 Option Contracts

BRP's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of BRP close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of BRP's options.

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.

Did you try this?

Run Commodity Channel Now

   

Commodity Channel

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

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?

To provide specific investment advice or recommendations on BRP Inc stock, we recommend investors consider the following general factors when evaluating BRP Inc. This will help you to make an informed decision on whether to include BRP in one of your diversified portfolios:
  • Examine BRP's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research BRP's leadership team and their track record. Good management can help BRP navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Leisure Products space and any emerging trends that could impact BRP's business and its evolving consumer preferences.
  • Compare BRP's performance and market position to its competitors. Analyze how BRP is positioned in terms of product offerings, innovation, and market share.
  • Check if BRP pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about BRP's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in BRP Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if BRP Inc is a good investment.

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Commodity Directory
Find actively traded commodities issued by global exchanges
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
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.
In summary, please note that there is a difference between BRP's value and its price, as these two are different measures arrived at by various 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.