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In the latest session, Brookfield Infrastructure Corp (NYSE: BIPC) closed at $36.08 up 0.45% from its previous closing price of $35.92. In other words, the price has increased by $0.45 from its previous closing price. On the day, 0.78 million shares were traded. BIPC stock price reached its highest trading level at $36.5646 during the session, while it also had its lowest trading level at $35.83.
Ratios:
For a deeper understanding of Brookfield Infrastructure Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 1.96.
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 4294169600 and an Enterprise Value of 20255633408. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28. Its current Enterprise Value per Revenue stands at 5.525 whereas that against EBITDA is 6.779.
Stock Price History:
The Beta on a monthly basis for BIPC is 1.45, which has changed by 0.09035957 over the last 52 weeks, in comparison to a change of 0.087141395 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 -10.47%, while the 200-Day Moving Average is calculated to be -9.01%.
Shares Statistics:
For the past three months, BIPC has traded an average of 581.83K shares per day and 870960 over the past ten days. A total of 130.14M shares are outstanding, with a floating share count of 118.90M. Insiders hold about 8.64% of the company’s shares, while institutions hold 57.23% stake in the company. Shares short for BIPC as of 1740700800 were 7089158 with a Short Ratio of 13.06, compared to 1738281600 on 6585059.
Dividends & Splits
According to the company, the forward annual dividend rate for BIPC is 1.65, from 1.62 in the trailing year. Against a Trailing Annual Dividend Yield of 0.045100227The current Payout Ratio is 201.12% for BIPC, which recently paid a dividend on 2025-02-28 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 2022-06-13 when the company split stock in a 3:2 ratio.
