(DOOO) BRP - Ratings and Ratios

BRP Inc. is a diversified powersports and marine products manufacturer with a global presence, operating in multiple countries across North America, Europe, and Australia. The company has a robust product portfolio, including all-terrain vehicles, snowmobiles, personal watercraft, and boats, marketed under well-known brands such as SKI-DOO, CAN-AM, and SEA-DOO. With a history dating back to 1937, BRP has established itself as a leader in the leisure products industry.

BRPs business is segmented into Powersports and Marine, with the former accounting for the majority of its revenue. The company generates revenue through the sale of year-round and seasonal products, as well as OEM engines, parts, accessories, and apparel. Its diverse product lineup and strong brand recognition enable BRP to cater to a wide range of customers, from recreational enthusiasts to commercial operators.

From a technical analysis perspective, BRPs stock price has been trending upwards, with its 20-day SMA at $41.30 and 50-day SMA at $37.40, indicating a bullish signal. The stock is currently trading at $49.16, nearing its 52-week high of $71.72. The ATR of 1.54 suggests a moderate level of volatility.

Fundamentally, BRPs market capitalization stands at $3.44 billion, with a P/E ratio of 26.11 and a forward P/E of 12.42. The companys return on equity is currently negative, at -12.40%. However, this metric is expected to improve as the company continues to expand its product offerings and increase its global market share.

Based on the technical and fundamental data, a forecast for BRPs stock price is as follows: with the companys strong brand portfolio and diversified product lineup, it is expected to continue its growth trajectory. The stocks bullish trend is likely to persist, driven by increasing demand for powersports and marine products. Assuming a continued upward trend, BRPs stock price is forecasted to reach $60 in the next 6-12 months, representing a potential upside of 22% from current levels. However, investors should be cautious of the companys negative RoE and monitor its progress in improving this metric.