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In the latest session, Brookfield Renewable Partners LP (NYSE: BEP) closed at $28.05 down -1.20% from its previous closing price of $28.39. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 0.62 million shares were traded. BEP stock price reached its highest trading level at $28.59 during the session, while it also had its lowest trading level at $27.96.
Ratios:
For a deeper understanding of Brookfield Renewable Partners LP’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 9.55 whereas as Long-Term Debt/Eq ratio is at 7.75.
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 18456813568 and an Enterprise Value of 77309378560. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 2.54. Its current Enterprise Value per Revenue stands at 12.271 whereas that against EBITDA is 23.491.
Stock Price History:
The Beta on a monthly basis for BEP is 1.10, which has changed by 0.17906678 over the last 52 weeks, in comparison to a change of 0.14045572 over the same period for the S&P500. Over the past 52 weeks, BEP has reached a high of $32.72, while it has fallen to a 52-week low of $19.29. The 50-Day Moving Average of the stock is -2.54%, while the 200-Day Moving Average is calculated to be 10.09%.
Shares Statistics:
For the past three months, BEP has traded an average of 814.55K shares per day and 537340 over the past ten days. A total of 283.90M shares are outstanding, with a floating share count of 216.09M. Insiders hold about 27.72% of the company’s shares, while institutions hold 35.23% stake in the company. Shares short for BEP as of 1764288000 were 1263618 with a Short Ratio of 1.55, compared to 1761868800 on 1495899. Therefore, it implies a Short% of Shares Outstanding of 1263618 and a Short% of Float of 0.5599999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for BEP is 1.49, from 1.469 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05174357. The stock’s 5-year Average Dividend Yield is 4.61.
Earnings Estimates
The company has 5.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.28, with high estimates of $0.16 and low estimates of -$0.65.
Analysts are recommending an EPS of between $0.49 and -$2.07 for the fiscal current year, implying an average EPS of -$0.92. EPS for the following year is -$0.75, with 6.0 analysts recommending between $1.53 and -$2.43.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $1.6B this quarter.It ranges from a high estimate of $1.82B to a low estimate of $1.46B. As of. The current estimate, Brookfield Renewable Partners LP’s year-ago sales were $1.43BFor the next quarter, 3 analysts are estimating revenue of $1.85B. There is a high estimate of $1.85B for the next quarter, whereas the lowest estimate is $1.85B.
A total of 7 analysts have provided revenue estimates for BEP’s current fiscal year. The highest revenue estimate was $6.99B, while the lowest revenue estimate was $6.33B, resulting in an average revenue estimate of $6.54B. In the same quarter a year ago, actual revenue was $5.88BBased on 8 analysts’ estimates, the company’s revenue will be $7.23B in the next fiscal year. The high estimate is $8.12B and the low estimate is $6.63B.
