In the latest session, Brookfield Renewable Corporation (NYSE: BEPC) closed at $23.18 down -0.77% from its previous closing price of $23.36. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1281014 shares were traded.
Ratios:
For a deeper understanding of Brookfield Renewable Corporation’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 10.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.53.
On December 09, 2021, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $52.
Wells Fargo Upgraded its Equal Weight to Overweight on April 26, 2021, whereas the target price for the stock was revised from $47 to $53.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BEPC now has a Market Capitalization of 4.20B and an Enterprise Value of 20.33B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 5.12 whereas that against EBITDA is 6.79.
Stock Price History:
Over the past 52 weeks, BEPC has reached a high of $36.16, while it has fallen to a 52-week low of $21.77. The 50-Day Moving Average of the stock is 24.76, while the 200-Day Moving Average is calculated to be 26.88.
Shares Statistics:
For the past three months, BEPC has traded an average of 1.04M shares per day and 1.01M over the past ten days. A total of 179.65M shares are outstanding, with a floating share count of 179.61M. Insiders hold about 51.99% of the company’s shares, while institutions hold 35.72% stake in the company. Shares short for BEPC as of Mar 15, 2024 were 5.7M with a Short Ratio of 5.47, compared to 6.09M on Feb 15, 2024.
Dividends & Splits
According to the company, the forward annual dividend rate for BEPC is 1.37, from 1.37 in the trailing year. Against a Trailing Annual Dividend Yield of 5.86%, it implies a Forward Annual Dividend Yield of 5.81%.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.28 for the current quarter, with a high estimate of -$0.28 and a low estimate of -$0.28, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.26, with high estimates of -$0.26 and low estimates of -$0.26.
Analysts are recommending an EPS of between $0.14 and -$1.11 for the fiscal current year, implying an average EPS of -$0.48. EPS for the following year is -$0.57, with 2 analysts recommending between -$0.01 and -$1.13.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $1.46B this quarter.It ranges from a high estimate of $1.46B to a low estimate of $1.46B. As of the current estimate, Brookfield Renewable Corporation’s year-ago sales were $1.33B, an estimated increase of 9.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1.7B, an increase of 40.70% over than the figure of $9.30% in the same quarter last year. There is a high estimate of $1.7B for the next quarter, whereas the lowest estimate is $1.7B.
A total of 2 analysts have provided revenue estimates for BEPC’s current fiscal year. The highest revenue estimate was $6.22B, while the lowest revenue estimate was $6.07B, resulting in an average revenue estimate of $6.14B. In the same quarter a year ago, actual revenue was $5.04B, up 21.90% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $6.41B in the next fiscal year. The high estimate is $6.55B and the low estimate is $6.26B. The average revenue growth estimate for next year is up 4.40% from the average revenue estimate for this year.
