Brookfield Renewable Partners LP (BEP) EPS is poised to hit -0.14 next quarter: How Investors Can Make It Count the Most?

Brookfield Renewable Partners LP (NYSE: BEP) open the trading on Wednesday, with great promise as it jumped 10.90% to $23.30, before settling in for the price of $21.01 at the close. Taking a more long-term approach, BEP posted a 52-week range of $19.92-$32.76.

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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 11.16%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -55.22%. This publicly-traded company’s shares outstanding now amounts to $287.16 million, simultaneously with a float of $277.02 million. The organization now has a market capitalization sitting at $6.69 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.36, while the 200-day Moving Average is $24.38.

Brookfield Renewable Partners LP (BEP) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Utilities – Renewable industry. Brookfield Renewable Partners LP’s current insider ownership accounts for 3.53%, in contrast to 66.00% institutional ownership.

Brookfield Renewable Partners LP (BEP) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/31/2023 suggests? It has posted -0.09 earnings per share (EPS) beating the forecaster’s viewpoint (set at -0.08) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

Brookfield Renewable Partners LP’s EPS decrease for this current 12-month fiscal period is -55.22% and is forecasted to reach -0.38 in the upcoming year.

Brookfield Renewable Partners LP (NYSE: BEP) Trading Performance Indicators

Let’s observe the current performance indicators for Brookfield Renewable Partners LP (BEP). It’s Quick Ratio in the last reported quarter now stands at 0.56. The Stock has managed to achieve an average true range (ATR) of 0.73. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.41.

In the same vein, BEP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.32, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.38 at the market close of one year from today.

Technical Analysis of Brookfield Renewable Partners LP (BEP)

[Brookfield Renewable Partners LP, BEP] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 65.35% While, its Average True Range was 0.79.

Raw Stochastic average of Brookfield Renewable Partners LP (BEP) in the period of the previous 100 days is set at 42.84%, which indicates a major fall in contrast to 88.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 51.56% that was higher than 35.13% volatility it exhibited in the past 100-days period.