Brookfield Renewable Corporation (BEPC) Shares Decline by -2.04% to Close at $21.57

As of close of business last night, Brookfield Renewable Corporation’s stock clocked out at $21.57, down -2.04% from its previous closing price of $22.02. On the day, 1634724 shares were traded.

Ratios:

To gain a deeper understanding of BEPC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.53.

On December 09, 2021, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $52.

Wells Fargo Upgraded its Equal Weight to Overweight on April 26, 2021, whereas the target price for the stock was revised from $47 to $53.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 1.39.

Stock Price History:

Over the past 52 weeks, BEPC has reached a high of $36.16, while it has fallen to a 52-week low of $21.77.

Shares Statistics:

A total of 179.65M shares are outstanding, with a floating share count of 179.61M. Insiders hold about 51.99% of the company’s shares, while institutions hold 35.73% stake in the company.

Earnings Estimates

As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.28 for the current quarter, with a high estimate of -$0.28 and a low estimate of -$0.28, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.26, with high estimates of -$0.26 and low estimates of -$0.26.

Analysts are recommending an EPS of between $0.14 and -$1.11 for the fiscal current year, implying an average EPS of -$0.48. EPS for the following year is -$0.57, with 2 analysts recommending between -$0.01 and -$1.13.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $1.46B. It ranges from a high estimate of $1.46B to a low estimate of $1.46B. As of the current estimate, Brookfield Renewable Corporation’s year-ago sales were $1.33B, an estimated increase of 9.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1.7B, an increase of 40.70% over than the figure of $9.30% in the same quarter last year. There is a high estimate of $1.7B for the next quarter, whereas the lowest estimate is $1.7B.

A total of 2 analysts have provided revenue estimates for BEPC’s current fiscal year. The highest revenue estimate was $6.22B, while the lowest revenue estimate was $6.07B, resulting in an average revenue estimate of $6.14B. In the same quarter a year ago, actual revenue was $5.04B, up 21.90% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $6.41B in the next fiscal year. The high estimate is $6.55B and the low estimate is $6.26B. The average revenue growth estimate for next year is up 4.40% from the average revenue estimate for this year.

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