Bombardier Recreational ProductsDOOO
Market Cap: $4.43B
About: BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, acquiring boat manufacturers Alumacraft, Triton (which makes Manitou pontoon boats), and Telwater (in Australia). At the end of fiscal 2024, the company sold its products through a network of more than 2,450 independent dealers and 150 distributors in around 130 countries.
Employees: 20,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
28% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 47
11% more capital invested
Capital invested by funds: $1.59B [Q1] → $1.77B (+$174M) [Q2]
10% more call options, than puts
Call options by funds: $8.29M | Put options by funds: $7.53M
5.86% more ownership
Funds ownership: 71.35% [Q1] → 77.21% (+5.86%) [Q2]
5% less funds holding
Funds holding: 157 [Q1] → 149 (-8) [Q2]
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
UBS Robin Farley 75% 1-year accuracy 9 / 12 met price target | 7%upside $65 | Neutral Maintained | 13 Sept 2024 |
Citigroup James Hardiman 79% 1-year accuracy 15 / 19 met price target | 23%upside $75 | Buy Maintained | 9 Sept 2024 |
Citigroup James Hardiman 79% 1-year accuracy 15 / 19 met price target | 32%upside $80 | Buy Maintained | 16 Jul 2024 |
Financial journalist opinion
Based on 6 articles about DOOO published over the past 30 days