DOOO Stock Summary and Trading Ideas (BRP - Common Subordinate Voting Shares | NASDAQ:DOOO)

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), a segment which all brands are currently up for sale. 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.

BRP - Common Subordinate Voting Shares trades on the NASDAQ stock market under the symbol DOOO.

As of December 30, 2024, DOOO stock price climbed to $50.35 with 74,612 million shares trading.

DOOO has a beta of 0.79, meaning it tends to be less sensitive to market movements. DOOO has a correlation of 0.08 to the broad based SPY ETF.

DOOO has a market cap of $3.68 billion. This is considered a Mid Cap stock.

Last quarter BRP - Common Subordinate Voting Shares reported $1 billion in Revenue and $.85 earnings per share. This beat revenue expectation by $72 million and exceeded earnings estimates by $.35.

In the last 3 years, DOOO traded as high as $92.74 and as low as $46.85.

The top ETF exchange traded funds that DOOO belongs to (by Net Assets): APIE, ONEQ, DFIS, DFIC, DFAI.

DOOO has underperformed the market in the last year with a price return of -29.2% while the SPY ETF gained +24.9%. DOOO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.3% and -2.6%, respectively, while the SPY returned +3.3% and -2.3%, respectively.

DOOO support price is $49.18 and resistance is $51.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DOOO shares will trade within this expected range on the day.