In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Brookfield Renewable Partners LP (NYSE: BEP) closed at $26.85 in the last session, down -3.42% from day before closing price of $27.8. In other words, the price has decreased by -$3.42 from its previous closing price. On the day, 1.35 million shares were traded. BEP stock price reached its highest trading level at $27.32 during the session, while it also had its lowest trading level at $26.745.
Ratios:
We take a closer look at BEP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 9.54 whereas as Long-Term Debt/Eq ratio is at 7.97.
On December 12, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $30.
UBS Upgraded its Neutral to Buy on September 30, 2024, whereas the target price for the stock was revised from $24 to $31.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BEP now has a Market Capitalization of 17363228672 and an Enterprise Value of 78325088256. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 12.686 whereas that against EBITDA is 24.019.
Stock Price History:
The Beta on a monthly basis for BEP is 1.11, which has changed by -0.05357772 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, BEP has reached a high of $29.56, while it has fallen to a 52-week low of $19.29. The 50-Day Moving Average of the stock is 4.85%, while the 200-Day Moving Average is calculated to be 11.64%.
Shares Statistics:
According to the various share statistics, BEP traded on average about 510.84K shares per day over the past 3-months and 904910 shares per day over the past 10 days. A total of 283.83M shares are outstanding, with a floating share count of 281.36M. Insiders hold about 0.87% of the company’s shares, while institutions hold 37.40% stake in the company. Shares short for BEP as of 1759190400 were 1517848 with a Short Ratio of 2.97, compared to 1756425600 on 1231380. Therefore, it implies a Short% of Shares Outstanding of 1517848 and a Short% of Float of 0.6799999999999999.
Dividends & Splits
The forward annual dividend rate for BEP is 1.47, which was 1.456 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.052374102. The stock’s 5-year Average Dividend Yield is 4.56.
