Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Brookfield Renewable Partners LP (NYSE: BEP) closed at $25.54 down -1.81% from its previous closing price of $26.01. In other words, the price has decreased by -$1.81 from its previous closing price. On the day, 0.68 million shares were traded. BEP stock price reached its highest trading level at $25.9 during the session, while it also had its lowest trading level at $25.36.
Ratios:
For a deeper understanding of Brookfield Renewable Partners LP’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 8.75 whereas as Long-Term Debt/Eq ratio is at 7.27.
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 16484129792 and an Enterprise Value of 75264344064. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 12.62 whereas that against EBITDA is 24.008.
Stock Price History:
The Beta on a monthly basis for BEP is 1.01, which has changed by -0.060338497 over the last 52 weeks, in comparison to a change of 0.11844492 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 3.97%, while the 200-Day Moving Average is calculated to be 6.25%.
Shares Statistics:
For the past three months, BEP has traded an average of 512.09K shares per day and 411990 over the past ten days. A total of 284.11M shares are outstanding, with a floating share count of 273.87M. Insiders hold about 3.61% of the company’s shares, while institutions hold 63.31% stake in the company. Shares short for BEP as of 1749772800 were 1132540 with a Short Ratio of 2.21, compared to 1747267200 on 1275678. Therefore, it implies a Short% of Shares Outstanding of 1132540 and a Short% of Float of 0.50999997.
Dividends & Splits
According to the company, the forward annual dividend rate for BEP is 1.46, from 1.43 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05497885The stock’s 5-year Average Dividend Yield is 4.5.
