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As of close of business last night, Brookfield Renewable Partners LP’s stock clocked out at $20.70, up 0.24% from its previous closing price of $20.65. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.96 million shares were traded. BEP stock price reached its highest trading level at $21.02 during the session, while it also had its lowest trading level at $20.61.
Ratios:
To gain a deeper understanding of BEP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 7.61 whereas as Long-Term Debt/Eq ratio is at 6.59.
On September 30, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $24 to $31.
UBS Downgraded its Buy to Neutral on November 17, 2023, whereas the target price for the stock was revised from $34 to $25.
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 13649664000 and an Enterprise Value of 57910030336. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 10.042 whereas that against EBITDA is 18.771.
Stock Price History:
The Beta on a monthly basis for BEP is 1.00, which has changed by -0.1873278 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, BEP has reached a high of $29.56, while it has fallen to a 52-week low of $19.92. The 50-Day Moving Average of the stock is -11.14%, while the 200-Day Moving Average is calculated to be -17.18%.
Shares Statistics:
It appears that BEP traded 675.64K shares on average per day over the past three months and 1286410 shares per day over the past ten days. A total of 285.11M shares are outstanding, with a floating share count of 275.47M. Insiders hold about 3.41% of the company’s shares, while institutions hold 62.80% stake in the company. Shares short for BEP as of 1736899200 were 1306695 with a Short Ratio of 1.64, compared to 1734048000 on 1015883. Therefore, it implies a Short% of Shares Outstanding of 1306695 and a Short% of Float of 0.58.
Dividends & Splits
With its trailing 12-month dividend rate of 1.405, BEP has a forward annual dividend rate of 1.42. Against a Trailing Annual Dividend Yield of 0.06803874The stock’s 5-year Average Dividend Yield is 4.32.
