On Tuesday, Brookfield Renewable Partners LP (NYSE: BEP) was 5.12% up from the session before settling in for the closing price of $29.91. A 52-week range for BEP has been $19.29 – $30.02.
Annual sales at Utilities sector company slipped by -6.51% over the past five years. When this article was written, the company’s average yearly earnings per share was at 132.27%. With a float of $281.34 million, this company’s outstanding shares have now reached $283.83 million.
Brookfield Renewable Partners LP (BEP) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Brookfield Renewable Partners LP stocks. The insider ownership of Brookfield Renewable Partners LP is 0.88%, while institutional ownership is 37.29%.
Brookfield Renewable Partners LP (BEP) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.32 earnings per share (EPS) during the time that was better than consensus figure (set at -0.45) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 132.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.10% during the next five years compared to -6.51% drop over the previous five years of trading.
Brookfield Renewable Partners LP (NYSE: BEP) Trading Performance Indicators
You can see what Brookfield Renewable Partners LP (BEP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of Brookfield Renewable Partners LP (BEP)
Brookfield Renewable Partners LP (NYSE: BEP) saw its 5-day average volume 0.78 million, a positive change from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 89.26%.
During the past 100 days, Brookfield Renewable Partners LP’s (BEP) raw stochastic average was set at 85.65%, which indicates a significant increase from 80.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.88 in the past 14 days, which was higher than the 0.63 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.41, while its 200-day Moving Average is $24.35. Nevertheless, the first resistance level for the watch stands at $32.36 in the near term. At $33.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.83. If the price goes on to break the first support level at $30.89, it is likely to go to the next support level at $30.33. The third support level lies at $29.42 if the price breaches the second support level.
Brookfield Renewable Partners LP (NYSE: BEP) Key Stats
There are 283,904K outstanding shares of the company, which has a market capitalization of 8.92 billion. As of now, sales total 6,503 M while income totals -181,000 K. Its latest quarter income was 1,754 M while its last quarter net income were -44,000 K.
