BRP Inc., together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products worldwide. It operates in two segments, Powersports and Marine. The company offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products, such as snowmobiles and personal watercraft; and engines for jet boats, outboards, karts, motorcycles, and recreational aircraft. It also provides parts, accessories, and apparel, as well as other services. The company sells its products through a network of independent dealers and distributors, as well as to original equipment manufacturers. The company was formerly known as J.A. Bombardier (J.A.B.) Inc. and changed its name to BRP Inc. in April 2013. BRP Inc. was founded in 1937 and is headquartered in Valcourt, Canada.
IPO Year:
Exchange: NASDAQ
Website: brp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/9/2024 | Sector Outperform → Sector Perform | Scotiabank | |
| 8/21/2024 | Outperform → Sector Perform | National Bank Financial | |
| 8/21/2024 | Buy → Hold | Stifel | |
| 12/4/2023 | Buy → Neutral | UBS | |
| 12/1/2023 | Buy → Hold | Canaccord Genuity | |
| 9/12/2023 | $81.00 → $94.00 | Neutral → Buy | Citigroup |
| 6/13/2023 | $111.00 → $126.00 | Neutral → Buy | DA Davidson |
| 6/2/2023 | Buy → Hold | TD Securities | |
| 3/21/2023 | Outperform | RBC Capital Mkts | |
| 2/17/2023 | Sector Outperform | Scotiabank |
6-K - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
SD - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
6-K - BRP Inc. (0001748797) (Filer)
Citigroup analyst James Hardiman maintains BRP (NASDAQ:DOOO) with a Buy and raises the price target from $73 to $80.
DA Davidson analyst Brandon Rolle maintains BRP (TSX:DOO) with a Buy and lowers the price target from C$105 to C$104.
TD Securities analyst Brian Morrison maintains BRP (TSX:DOO) with a Hold and lowers the price target from C$100 to C$98.
CIBC analyst Mark Petrie maintains BRP (NASDAQ:DOOO) with a Outperformer and lowers the price target from $110 to $100.
RBC Capital analyst Sabahat Khan maintains BRP (TSX:DOO) with a Outperform and lowers the price target from C$110 to C$108.
BRP Inc. (NASDAQ:DOOO) shares are trading lower in the premarket session on Friday after the company slashed its FY25 guidance. The company reported first-quarter adjusted earnings per share of 70 cents, which topped the street view of 66 cents. BRP reported quarterly revenues of $1.498 billion, above the street view of $1.460 billion. The company witnessed lower volume across most product lines, driven by decreasing network inventory levels and higher sales programs. “As the year unfolds, our dealers’ profitability is under more pressure than anticipated given the current macroeconomic context, a more competitive landscape and high interest rates,” said José Boisjoli, President
VALCOURT, QC, Nov. 14, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its third quarter FY25 financial results conference call on Friday, December 6, 2024. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the third quarter of FY25 and address questions from analysts on a conference call at 9 am (EDT). Third Quarter FY25 Results The press release will be distributed on Canadian and American newswires on Friday, December 6, at approximately 6 a.m. (EDT). For investors and analysts: Te
VALCOURT, QC, Oct. 17, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) today announced that it is initiating a process for the sale of its Marine businesses namely Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin), and Marine parts, accessories and apparel. This process excludes all activities related to its Sea-Doo personal watercraft, Sea-Doo Switch pontoons and jet propulsion systems. In light of the challenging economic context, BRP has decided to channel its efforts and investments towards its Powersports Year-Round Products, Seasonal Products, P
VALCOURT, QC, Oct. 9, 2024 /PRNewswire/ - The Board of Directors of BRP Inc. (TSX:DOO) (NASDAQ:DOOO) announces that, for personal reasons, Ms. Estelle Métayer has tendered her resignation as Director of the Company, effective today. Ms. Métayer served on the Board of Directors of the Company since 2014. "The Board of Directors extends its heartfelt thanks to Estelle for her contributions to the Company and the guidance she has provided over the last decade," said José Boisjoli, Chair of the Board of Directors of BRP. "Her strategic insights and leadership in governance have he
PALM BAY, Fla, Sept. 20, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO), a global leader in powersports and marine products, is proud to announce the official inauguration of its Design & Innovation Center in Palm Bay, Florida, as part of its on-going expansion in the region. This cutting-edge Center, dedicated to advanced concepts and designs for on-water products, should bring significant innovation to the marine industry. Over the past few years, BRP has also invested in its Research & Development (R&D) and testing facilities in Palm Bay, including the acquisition of additional land that offers access to diverse playgrounds. Today, with the establishment of its Design & Innovation
Highlights Revenues of $1,841.9 million, a decrease of 33.7% compared to last year, reflecting the Company's focus on reducing network inventory levels;Net income of $7.2 million, a decrease of $331.5 million compared to last year;Normalized EBITDA [1] of $198.5 million, a decrease of 58.0% compared to last year;Normalized diluted earnings per share [1][2] of $0.61, a decrease of $2.60 per share, and diluted earnings per share of $0.09, a decrease of $4.17 compared to last year;North American Powersports retail sales decreased by 18% compared to an industry that decreased in t
VALCOURT, QC, Aug. 23, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its second quarter FY25 financial results conference call on Friday, September 6, 2024. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the second quarter of FY25 and address questions from analysts on a conference call at 9 am (EDT). Second Quarter FY25 Results The press release will be distributed on Canadian and American newswires on Friday, September 6, at approximately 6 a.m. (EDT). For investors and analyst
VALCOURT, QC, Aug. 23, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its second quarter FY25 financial results conference call on Friday, September 6, 2024. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the second quarter of FY25 and address questions from analysts on a conference call at 9 am (EDT). Second Quarter FY25 Results The press release will be distributed on Canadian and American newswires on Friday, September 6, at approximately 6 a.m. (EDT). For investors and analyst
Pre-Orders for Can-Am Pulse and Origin Models Open Now VALCOURT, QC, Aug. 20, 2024 /PRNewswire/ - Can-Am, iconic brand of BRP Inc. (TSX:DOO) (NASDAQ:DOOO), is energizing the motorcycle industry by announcing the availability of its highly-anticipated 2025 Can-Am Pulse and Can-Am Origin all-electric motorcycle lineup. Building on BRP's rich 80-year history of powersports innovation and excellence, Can-Am is changing the dynamic and opening the road to a new generation of riders and electric vehicle enthusiasts. "Today, we are reclaiming our two-wheel heritage by bringing new excitement to the electric motorcycle industry," said José Boisjoli, President and CEO of BRP. "50 years ago, Can-Am
VALCOURT, QC, Aug. 20, 2024 /PRNewswire/ - Sea-Doo and Alumacraft, brands of BRP Inc. (TSX:DOO) (NASDAQ:DOOO), continue to innovate and strengthen their focus in the fishing space with new 2025 Sea-Doo models and the redesigned Alumacraft models. Sea-Doo is casting its line into the deep end of the lake with the new FishPro Apex personal watercraft (PWC) and Switch Fish pontoon as the brand broadens its lineup in the fishing space and helps customers find their water. Alumacraft Trophy and Competitor models redefine boating by leveraging their 75+ year history to deliver innovations and a customizable layout that ensures a comfortable and versatile day on the water.
New Available Options and Colors for 2025 Can-Am Spyder and Can-Am Ryker Models VALCOURT, QC, Aug. 20, 2024 /PRNewswire/ - Can-Am, iconic brand of BRP Inc. (TSX:DOO) (NASDAQ:DOOO), today reveals the all-new Can-Am Canyon 3-wheel vehicle as part of its 2025 lineup. The Can-Am Canyon is the most rugged and adventure-ready 3-wheel vehicle BRP has ever made. With distinct features like higher ground clearance, longer suspension travel, all-road wheels, enduro anti-slip pegs and more, the Canyon is purpose-built to take riders on any adventure they desire, be it quick trips on unexplored roads or multi-day excursions.
VALCOURT, QC, Sept. 26, 2022 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) confirms two new roles as part of the executive leadership team. In May, the Company stated that is was actively looking for a seasoned leader to head its information technologies. Today, the Company announces the appointment of Stéphane Bilodeau as Chief Information Officer effective October 11th. Mr. Bilodeau will lead information technologies and evolve systems to support the Company's business transformation and vision, and will report to José Boisjoli, President and CEO. He will be responsible fo
Scotiabank downgraded BRP Inc. from Sector Outperform to Sector Perform
National Bank Financial downgraded BRP Inc. from Outperform to Sector Perform
Stifel downgraded BRP Inc. from Buy to Hold
UBS downgraded BRP Inc. from Buy to Neutral
Canaccord Genuity downgraded BRP Inc. from Buy to Hold
Citigroup upgraded BRP Inc. from Neutral to Buy and set a new price target of $94.00 from $81.00 previously
DA Davidson upgraded BRP Inc. from Neutral to Buy and set a new price target of $126.00 from $111.00 previously
TD Securities downgraded BRP Inc. from Buy to Hold
RBC Capital Mkts resumed coverage of BRP Inc. with a rating of Outperform
Scotiabank initiated coverage of BRP Inc. with a rating of Sector Outperform
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VALCOURT, QC, Nov. 14, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its third quarter FY25 financial results conference call on Friday, December 6, 2024. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the third quarter of FY25 and address questions from analysts on a conference call at 9 am (EDT). Third Quarter FY25 Results The press release will be distributed on Canadian and American newswires on Friday, December 6, at approximately 6 a.m. (EDT). For investors and analysts: Te
Highlights Revenues of $1,841.9 million, a decrease of 33.7% compared to last year, reflecting the Company's focus on reducing network inventory levels;Net income of $7.2 million, a decrease of $331.5 million compared to last year;Normalized EBITDA [1] of $198.5 million, a decrease of 58.0% compared to last year;Normalized diluted earnings per share [1][2] of $0.61, a decrease of $2.60 per share, and diluted earnings per share of $0.09, a decrease of $4.17 compared to last year;North American Powersports retail sales decreased by 18% compared to an industry that decreased in t
VALCOURT, QC, Aug. 23, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its second quarter FY25 financial results conference call on Friday, September 6, 2024. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the second quarter of FY25 and address questions from analysts on a conference call at 9 am (EDT). Second Quarter FY25 Results The press release will be distributed on Canadian and American newswires on Friday, September 6, at approximately 6 a.m. (EDT). For investors and analyst
VALCOURT, QC, Aug. 23, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its second quarter FY25 financial results conference call on Friday, September 6, 2024. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the second quarter of FY25 and address questions from analysts on a conference call at 9 am (EDT). Second Quarter FY25 Results The press release will be distributed on Canadian and American newswires on Friday, September 6, at approximately 6 a.m. (EDT). For investors and analyst
Highlights Continued outpacing the SSV and ATV industries with retail sales increasing in the low-teens range and high-single digits range, respectively;Revenues of $2,031.7 million, a decrease of 16.4% compared to last year;Net loss of $7.4 million, a decrease of $161.9 million compared to last year;As expected, Normalized EBITDA [1] of $247.2 million, a decrease of 34.4% compared to last year;Normalized diluted earnings per share [1] of $0.95, a decrease of $1.43 per share, and diluted loss per share of $0.10, a decrease of $2.02 per share, compared to the same period last year;Adjusting full year-end guidance for revenues, now ranging between $8.6 and $8.9 billion, and for Normalized earn
VALCOURT, QC, May 9, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its first quarter FY2025 financial results conference call on Friday, May 31, 2024, followed by its Annual Meeting of Shareholders ("the Meeting") conducted by live webcast. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the first quarter of FY2025 and address questions from analysts on a conference call at 9 a.m. Eastern Daylight Time (EDT). Messrs. Boisjoli and Martel will then discuss the results for the fiscal
VALCOURT, QC, May 9, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its first quarter FY2025 financial results conference call on Friday, May 31, 2024, followed by its Annual Meeting of Shareholders ("the Meeting") conducted by live webcast. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the first quarter of FY2025 and address questions from analysts on a conference call at 9 a.m. Eastern Daylight Time (EDT). Messrs. Boisjoli and Martel will then discuss the results for the fiscal
VALCOURT, QC, April 25, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) ("BRP" or the "Company") announces that its annual general meeting of shareholders (the "Meeting") will be held on Friday, May 31, 2024 at 11:00 a.m. EDT and will be conducted by live webcast. The Company is holding the Meeting as a completely virtual meeting, which all shareholders, regardless of geographic location and equity ownership, will have an equal opportunity to attend. Registered shareholders and duly appointed proxy holders are strongly encouraged to vote their shares in advance of the Me
Highlights for FY24 Q4 Revenues of $2,691.8 million, a decrease of $384.5 million or 12.5% compared to the same period last year, which was a record fourth quarter;Net income of $188.2 million, a decrease of $176.9 million or 48.5% compared to the same period last year;Normalized EBITDA [1] of $404.5 million, a decrease of $123.5 million or 23.4% compared to the same period last year;Normalized diluted earnings per share [1] of $2.46, a decrease of $1.39 per share or 36.1% and diluted earnings per share of $2.46, a decrease of $2.08 per share, or 45.8%, compared to the same pe
VALCOURT, QC, March 7, 2024 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) will hold its fourth quarter FY24 financial results conference call on Thursday, March 28, 2024. José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the fourth quarter of FY24 and address questions from analysts on a conference call at 9 a.m. (EDT). Fourth Quarter FY24 ResultsThe press release will be distributed on Canadian and American newswires on Thursday, March 28, at approximately 6 a.m. (EDT). For investors and analysts