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The price of Brookfield Renewable Partners LP (NYSE: BEP) closed at $25.45 in the last session, down -1.66% from day before closing price of $25.88. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 0.47 million shares were traded. BEP stock price reached its highest trading level at $26.0 during the session, while it also had its lowest trading level at $25.43.
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 0.50 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 8.75 whereas as Long-Term Debt/Eq ratio is at 7.27.
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 17123268608 and an Enterprise Value of 75224612864. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 12.613 whereas that against EBITDA is 23.995.
Stock Price History:
The Beta on a monthly basis for BEP is 1.03, which has changed by 0.030364394 over the last 52 weeks, in comparison to a change of 0.092761636 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 8.58%, while the 200-Day Moving Average is calculated to be 6.00%.
Shares Statistics:
According to the various share statistics, BEP traded on average about 621.80K shares per day over the past 3-months and 733220 shares per day over the past 10 days. A total of 284.11M shares are outstanding, with a floating share count of 273.87M. Insiders hold about 3.61% of the company’s shares, while institutions hold 63.35% stake in the company. Shares short for BEP as of 1748563200 were 1264793 with a Short Ratio of 2.03, compared to 1745971200 on 807809. Therefore, it implies a Short% of Shares Outstanding of 1264793 and a Short% of Float of 0.5599999999999999.
Dividends & Splits
The forward annual dividend rate for BEP is 1.46, which was 1.43 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.055255022The stock’s 5-year Average Dividend Yield is 4.48.
