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After finishing at $45.84 in the prior trading day, Brookfield Infrastructure Corp (NYSE: BIPC) closed at $47.03, up 2.60%. In other words, the price has increased by $2.60 from its previous closing price. On the day, 0.63 million shares were traded. BIPC stock price reached its highest trading level at $47.16 during the session, while it also had its lowest trading level at $46.08.
Ratios:
Our goal is to gain a better understanding of BIPC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50.
On May 27, 2020, BofA/Merrill started tracking the stock assigning a Buy rating and target price of $53.BofA/Merrill initiated its Buy rating on May 27, 2020, with a $53 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIPC now has a Market Capitalization of 5598989312 and an Enterprise Value of 20909318144. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70. Its current Enterprise Value per Revenue stands at 5.727 whereas that against EBITDA is 7.11.
Stock Price History:
The Beta on a monthly basis for BIPC is 1.41, which has changed by 0.048250675 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, BIPC has reached a high of $46.15, while it has fallen to a 52-week low of $32.08. The 50-Day Moving Average of the stock is 14.64%, while the 200-Day Moving Average is calculated to be 18.34%.
Shares Statistics:
The stock has traded on average 582.30K shares per day over the past 3-months and 639280 shares per day over the last 10 days, according to various share statistics. A total of 119.05M shares are outstanding, with a floating share count of 118.90M. Insiders hold about 9.97% of the company’s shares, while institutions hold 62.31% stake in the company. Shares short for BIPC as of 1759190400 were 6550621 with a Short Ratio of 11.25, compared to 1756425600 on 6710306.
Dividends & Splits
In the trailing 12 months, BIPC’s forward annual dividend rate was 1.67, compared to 1.70 this year. Against a Trailing Annual Dividend Yield of 0.036431063. The stock’s 5-year Average Dividend Yield is 3.56.
Earnings Estimates
The market rating for Brookfield Infrastructure Corp (BIPC) is a result of the insights provided by 1 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$1.68, with high estimates of -$1.68 and low estimates of -$1.68.
Analysts are recommending an EPS of between -$3.94 and -$3.94 for the fiscal current year, implying an average EPS of -$3.94. EPS for the following year is -$6.76, with 1.0 analysts recommending between -$6.76 and -$6.76.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for BIPC’s current fiscal year. The highest revenue estimate was $5.13B, while the lowest revenue estimate was $5.13B, resulting in an average revenue estimate of $5.13B. In the same quarter a year ago, actual revenue was $5.29BBased on 1 analysts’ estimates, the company’s revenue will be $5.43B in the next fiscal year. The high estimate is $5.43B and the low estimate is $5.43B.
