In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Brookfield Corporation (NYSE: BN) closed at $52.58 down -4.80% from its previous closing price of $55.23. In other words, the price has decreased by -$4.80 from its previous closing price. On the day, 5.08 million shares were traded.
Ratios:
For a deeper understanding of Brookfield Corporation’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 5.11 whereas as Long-Term Debt/Eq ratio is at 5.11.
Credit Suisse Upgraded its Neutral to Outperform on March 20, 2023, while the target price for the stock was maintained at $41.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 10 ’24 when OCM Growth Holdings LLC sold 400,000 shares for $11.90 per share. The transaction valued at 4,760,000 led to the insider holds 10,779,668 shares of the business.
OCM Growth Holdings LLC sold 4,312,500 shares of BN for $49,593,750 on May 14 ’24. The Director now owns 11,179,668 shares after completing the transaction at $11.50 per share. On Apr 24 ’24, another insider, Oaktree Capital Group Holdings, who serves as the 10% Owner of the company, sold 7,131 shares for $21.75 each. As a result, the insider received 155,099 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Brookfield’s Price-to-Earnings (P/E) ratio for their current fiscal year is 174.68, and their Forward P/E ratio for the next fiscal year is 11.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 1.87.
Stock Price History:
Over the past 52 weeks, BN has reached a high of $62.78, while it has fallen to a 52-week low of $38.18. The 50-Day Moving Average of the stock is -9.72%, while the 200-Day Moving Average is calculated to be 1.24%.
Shares Statistics:
A total of 1.65B shares are outstanding, with a floating share count of 1.32B. Insiders hold about 19.69% of the company’s shares, while institutions hold 56.27% stake in the company.
