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In the latest session, Brookfield Infrastructure Corp (NYSE: BIPC) closed at $45.84 up 0.66% from its previous closing price of $45.54. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.64 million shares were traded. BIPC stock price reached its highest trading level at $45.91 during the session, while it also had its lowest trading level at $44.88.
Ratios:
For a deeper understanding of Brookfield Infrastructure Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60.
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 5457318400 and an Enterprise Value of 21961318400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66. Its current Enterprise Value per Revenue stands at 6.007 whereas that against EBITDA is 7.513.
Stock Price History:
The Beta on a monthly basis for BIPC is 1.37, which has changed by 0.055388212 over the last 52 weeks, in comparison to a change of 0.1476624 over the same period for the S&P500. Over the past 52 weeks, BIPC has reached a high of $47.71, while it has fallen to a 52-week low of $32.08. The 50-Day Moving Average of the stock is 5.77%, while the 200-Day Moving Average is calculated to be 13.83%.
Shares Statistics:
For the past three months, BIPC has traded an average of 600.35K shares per day and 658100 over the past ten days. 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 63.25% stake in the company. Shares short for BIPC as of 1761868800 were 6420640 with a Short Ratio of 10.69, compared to 1759190400 on 6550621.
Dividends & Splits
According to the company, the forward annual dividend rate for BIPC is 1.70, from 1.695 in the trailing year. Against a Trailing Annual Dividend Yield of 0.037220027. The stock’s 5-year Average Dividend Yield is 3.59.
Earnings Estimates
. The current rating of Brookfield Infrastructure Corp (BIPC) reflects the combined expertise of 1 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$1.84, with high estimates of -$1.84 and low estimates of -$1.84.
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 $5.2B, while the lowest revenue estimate was $5.2B, resulting in an average revenue estimate of $5.2B. In the same quarter a year ago, actual revenue was $5.29BBased on 1 analysts’ estimates, the company’s revenue will be $5.5B in the next fiscal year. The high estimate is $5.5B and the low estimate is $5.5B.
