The price of Brookfield Infrastructure Corp (NYSE: BIPC) closed at $33.02 in the last session, down -1.40% from day before closing price of $33.49. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 514979 shares were traded. BIPC stock price reached its highest trading level at $34.05 during the session, while it also had its lowest trading level at $33.01.
Ratios:
We take a closer look at BIPC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.44.
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 4.35B and an Enterprise Value of 15.87B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89. Its current Enterprise Value per Revenue stands at 6.34 whereas that against EBITDA is 7.79.
Stock Price History:
Over the past 52 weeks, BIPC has reached a high of $48.23, while it has fallen to a 52-week low of $25.48. The 50-Day Moving Average of the stock is 34.97, while the 200-Day Moving Average is calculated to be 36.51.
Shares Statistics:
According to the various share statistics, BIPC traded on average about 505.08K shares per day over the past 3-months and 552.62k shares per day over the past 10 days. A total of 131.87M shares are outstanding, with a floating share count of 131.86M. Insiders hold about 7.78% of the company’s shares, while institutions hold 68.08% stake in the company. Shares short for BIPC as of Mar 15, 2024 were 5.48M with a Short Ratio of 10.86, compared to 5.85M on Feb 15, 2024.
Dividends & Splits
The forward annual dividend rate for BIPC is 1.55, which was 1.53 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 4.57%, it implies a Forward Annual Dividend Yield of 4.60%.
