Brookfield Corporation (BN) with a beta value of 1.54 appears to be a promising investment opportunity.

On Tuesday, Brookfield Corporation (NYSE: BN) opened lower -4.69% from the last session, before settling in for the closing price of $50.28. Price fluctuations for BN have ranged from $28.84 to $50.46 over the past 52 weeks.

During the last 5-year period, the sales growth of Financial Sector giant was 12.71%. Company’s average yearly earnings per share was noted 24.09% at the time writing. With a float of $1.24 billion, this company’s outstanding shares have now reached $1.52 billion.

Let’s determine the extent of company efficiency that accounts for 240000 employees. In terms of profitability, gross margin is 22.13%, operating margin of 19.3%, and the pretax margin is 2.44%.

Brookfield Corporation (BN) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of Brookfield Corporation is 17.78%, while institutional ownership is 64.42%. The most recent insider transaction that took place on Jun 10 ’24, was worth 4,760,000. In this transaction Director of this company sold 400,000 shares at a rate of $11.90, taking the stock ownership to the 10,779,668 shares. Before that another transaction happened on May 14 ’24, when Company’s Director sold 4,312,500 for $11.50, making the entire transaction worth $49,593,750. This insider now owns 11,179,668 shares in total.

Brookfield Corporation (BN) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.98 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.92) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 24.09% per share during the next fiscal year.

Brookfield Corporation (NYSE: BN) Trading Performance Indicators

Check out the current performance indicators for Brookfield Corporation (BN). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 4.15 in one year’s time.

Technical Analysis of Brookfield Corporation (BN)

Looking closely at Brookfield Corporation (NYSE: BN), its last 5-days average volume was 1.6 million, which is a drop from its year-to-date volume of 3.09 million. As of the previous 9 days, the stock’s Stochastic %D was 75.71%. Additionally, its Average True Range was 1.20.

During the past 100 days, Brookfield Corporation’s (BN) raw stochastic average was set at 79.32%, which indicates a significant increase from 49.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.77% in the past 14 days, which was higher than the 27.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $45.64, while its 200-day Moving Average is $41.58. However, in the short run, Brookfield Corporation’s stock first resistance to watch stands at $49.43. Second resistance stands at $50.94. The third major resistance level sits at $51.86. If the price goes on to break the first support level at $46.99, it is likely to go to the next support level at $46.07. Now, if the price goes above the second support level, the third support stands at $44.56.

Brookfield Corporation (NYSE: BN) Key Stats

There are currently 1,643,652K shares outstanding in the company with a market cap of 72.25 billion. Presently, the company’s annual sales total 95,924 M according to its annual income of 1,130 M. Last quarter, the company’s sales amounted to 23,050 M and its income totaled 43,000 K.