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The price of Brookfield Renewable Partners LP (NYSE: BEP) closed at $24.89 in the last session, down -2.20% from day before closing price of $25.45. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 0.57 million shares were traded. BEP stock price reached its highest trading level at $25.805 during the session, while it also had its lowest trading level at $24.741.
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 0.43 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 9.54 whereas as Long-Term Debt/Eq ratio is at 7.97.
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 16402857984 and an Enterprise Value of 77027753984. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 12.476 whereas that against EBITDA is 23.621.
Stock Price History:
The Beta on a monthly basis for BEP is 1.03, which has changed by 0.022596598 over the last 52 weeks, in comparison to a change of 0.19554341 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 -3.90%, while the 200-Day Moving Average is calculated to be 3.79%.
Shares Statistics:
According to the various share statistics, BEP traded on average about 504.03K shares per day over the past 3-months and 407810 shares per day over the past 10 days. A total of 283.83M shares are outstanding, with a floating share count of 273.59M. 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 1752537600 were 1293453 with a Short Ratio of 2.57, compared to 1749772800 on 1132540. Therefore, it implies a Short% of Shares Outstanding of 1293453 and a Short% of Float of 0.58.
Dividends & Splits
The forward annual dividend rate for BEP is 1.46, which was 1.456 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.057210214The stock’s 5-year Average Dividend Yield is 4.5.
Earnings Estimates
Current recommendations for the stock of the company come from 2.0 analysts. The consensus estimate for the next quarter is -$0.2, with high estimates of $0.09 and low estimates of -$0.49.
Analysts are recommending an EPS of between $0.66 and -$1.42 for the fiscal current year, implying an average EPS of -$0.57. EPS for the following year is -$0.68, with 7.0 analysts recommending between $0.53 and -$1.8.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $1.62B. It ranges from a high estimate of $1.66B to a low estimate of $1.55B. As of the current estimate, Brookfield Renewable Partners LP’s year-ago sales were $1.47BFor the next quarter, 3 analysts are estimating revenue of $1.62B. There is a high estimate of $1.81B for the next quarter, whereas the lowest estimate is $1.46B.
A total of 6 analysts have provided revenue estimates for BEP’s current fiscal year. The highest revenue estimate was $6.99B, while the lowest revenue estimate was $6.29B, resulting in an average revenue estimate of $6.54B. In the same quarter a year ago, actual revenue was $5.88BBased on 7 analysts’ estimates, the company’s revenue will be $7.11B in the next fiscal year. The high estimate is $7.65B and the low estimate is $6.41B.
