Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Brookfield Infrastructure Corp’s stock clocked out at $42.02, up 4.40% from its previous closing price of $40.25. In other words, the price has increased by $4.40 from its previous closing price. On the day, 0.49 million shares were traded. BIPC stock price reached its highest trading level at $42.27 during the session, while it also had its lowest trading level at $40.4.
Ratios:
To gain a deeper understanding of BIPC’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 19.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43.
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 5558111744 and an Enterprise Value of 22196434944. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50. Its current Enterprise Value per Revenue stands at 6.1 whereas that against EBITDA is 7.409.
Stock Price History:
The Beta on a monthly basis for BIPC is 1.44, which has changed by 0.11681461 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, BIPC has reached a high of $45.29, while it has fallen to a 52-week low of $28.47. The 50-Day Moving Average of the stock is 2.01%, while the 200-Day Moving Average is calculated to be 8.90%.
Shares Statistics:
It appears that BIPC traded 467.41K shares on average per day over the past three months and 496280 shares per day over the past ten days. A total of 132.02M shares are outstanding, with a floating share count of 118.93M. Insiders hold about 8.63% of the company’s shares, while institutions hold 74.36% stake in the company. Shares short for BIPC as of 1736899200 were 6677494 with a Short Ratio of 13.39, compared to 1734048000 on 6376767.
Dividends & Splits
The current Payout Ratio is 201.12% for BIPC, which recently paid a dividend on 2024-11-29 with an ex-dividend date of 1732838400. Stock splits for the company last occurred on 2022-06-13 when the company split stock in a 3:2 ratio.
