Brookfield Infrastructure Partners L.P. (NYSE: BIP) started the day on November 23, 2022, with a price increase of 0.40% at $37.85. During the day, the stock rose to $38.12 and sunk to $37.45 before settling in for the price of $37.70 at the close. Taking a more long-term approach, BIP posted a 52-week range of $32.09-$46.01.
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The Utilities sector firm’s twelve-monthly sales growth has been 40.40% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 12.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 403.20%. This publicly-traded company’s shares outstanding now amounts to $458.20 million, simultaneously with a float of $458.02 million. The organization now has a market capitalization sitting at $24.43 billion. At the time of writing, stock’s 50-day Moving Average stood at $36.57, while the 200-day Moving Average is $39.72.
Brookfield Infrastructure Partners L.P. (BIP) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Utilities – Diversified Industry. Brookfield Infrastructure Partners L.P.’s current insider ownership accounts for 42.30%, in contrast to 64.40% institutional ownership.
Brookfield Infrastructure Partners L.P. (BIP) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2022, the organization reported $0.18 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.15) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
Brookfield Infrastructure Partners L.P.’s EPS increase for this current 12-month fiscal period is 403.20% and is forecasted to reach 0.95 in the upcoming year.
Brookfield Infrastructure Partners L.P. (NYSE: BIP) Trading Performance Indicators
Let’s observe the current performance indicators for Brookfield Infrastructure Partners L.P. (BIP). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 0.90. Alongside those numbers, its PE Ratio stands at $109.08, and its Beta score is 0.77. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.75.
In the same vein, BIP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.35, a figure that is expected to reach 0.23 in the next quarter, and analysts are predicting that it will be 0.95 at the market close of one year from today.
Technical Analysis of Brookfield Infrastructure Partners L.P. (BIP)
If we take a close look at the recent performances of Brookfield Infrastructure Partners L.P. (NYSE: BIP), its last 5-days Average volume was 0.33 million that shows plunge from its year to date volume of 0.38 million. During the previous 9 days, stock’s Stochastic %D was recorded 74.79% While, its Average True Range was 0.87.