TCBoone
Member
Last summer we finally got our first Spyder. After taking some time to consider what we wanted,
we now have a 2022 Spyder RTL that we ride two up almost 100% of the time.
There were a number of things that factored into the purchase, and one was the health of the company.
Here is some information about BRP:
BRP Bombardier Recreational Products trades on the Toronto Exchange (DOO) and the Nasdaq (DOOO)
BRP went public in 2013, was listed on the Nasdaq in 2018 (stock price appreciated over 120%)
There are pros and cons to the fundamental data, the company is doing well in most areas
except higher then average debt level.
With 2.6 billion in debt as of Oct. 30 2022 the company has finally reach a positive shareholder equity after five years of negative value.
Insider trading reported has only been buying over the last 9 months to the tune of 555,500 shares purchased for $48.6 million.
With 78m shares outstanding and a market cap of USD $6.2 billion.
Pays a quarterly dividend, next payment date Jan. 13, 2023 amount $0.118
For 2023 the company expects EPS of $11.65 to $12.00, total company revenue in the range from 27% to 32%
and net income in the range from $780 million to $810 million.
Technical Info
Weekly price chart past three years, price found support above the 200 day SMA

my 2 cents: Company seems poised to continue its current path of earnings growth giving them the opportunity to restructure their balance sheet.
Several analysts that cover the company have price targets above $100.
After getting the chance to own/ride a Spyder, it has been overall a very positive experience. In part due to the information we have been able to learn by reading this forum.
:thumbup:
we now have a 2022 Spyder RTL that we ride two up almost 100% of the time.
There were a number of things that factored into the purchase, and one was the health of the company.
Here is some information about BRP:
BRP Bombardier Recreational Products trades on the Toronto Exchange (DOO) and the Nasdaq (DOOO)
BRP went public in 2013, was listed on the Nasdaq in 2018 (stock price appreciated over 120%)
There are pros and cons to the fundamental data, the company is doing well in most areas
except higher then average debt level.
With 2.6 billion in debt as of Oct. 30 2022 the company has finally reach a positive shareholder equity after five years of negative value.
Insider trading reported has only been buying over the last 9 months to the tune of 555,500 shares purchased for $48.6 million.
With 78m shares outstanding and a market cap of USD $6.2 billion.
Pays a quarterly dividend, next payment date Jan. 13, 2023 amount $0.118
For 2023 the company expects EPS of $11.65 to $12.00, total company revenue in the range from 27% to 32%
and net income in the range from $780 million to $810 million.
Technical Info
Weekly price chart past three years, price found support above the 200 day SMA

my 2 cents: Company seems poised to continue its current path of earnings growth giving them the opportunity to restructure their balance sheet.
Several analysts that cover the company have price targets above $100.
After getting the chance to own/ride a Spyder, it has been overall a very positive experience. In part due to the information we have been able to learn by reading this forum.
:thumbup: