Brookfield Renewable Corp (BEPC) is expecting 18.55% growth in the next quarter: What can investors do to maximize their returns?

Steve Mayer

Brookfield Renewable Corp (NYSE: BEPC) kicked off on Tuesday, up 6.11% from the previous trading day, before settling in for the closing price of $40.89. Over the past 52 weeks, BEPC has traded in a range of $23.73-$41.73.

Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 24.37%. While this was happening, its average annual earnings per share was recorded -490.32%. With a float of $144.79 million, this company’s outstanding shares have now reached $144.89 million.

Brookfield Renewable Corp (BEPC) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Renewable Industry. The insider ownership of Brookfield Renewable Corp is 19.40%, while institutional ownership is 56.30%.

Brookfield Renewable Corp (BEPC) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.11 earnings per share (EPS), higher than consensus estimate (set at -0.28) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -490.32% per share during the next fiscal year.

Brookfield Renewable Corp (NYSE: BEPC) Trading Performance Indicators

Take a look at Brookfield Renewable Corp’s (BEPC) current performance indicators. Last quarter, stock had a quick ratio of 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.36, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.73 in one year’s time.

Technical Analysis of Brookfield Renewable Corp (BEPC)

Compared to the last year’s volume of 0.99 million, its volume of 1.05 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.38%.

During the past 100 days, Brookfield Renewable Corp’s (BEPC) raw stochastic average was set at 91.40%, which indicates a significant increase from 81.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.13 in the past 14 days, which was higher than the 0.82 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.99, while its 200-day Moving Average is $31.31. Nevertheless, the first resistance level for the watch stands at $44.56 in the near term. At $45.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $46.74. If the price goes on to break the first support level at $42.37, it is likely to go to the next support level at $41.36. Should the price break the second support level, the third support level stands at $40.19.

Brookfield Renewable Corp (NYSE: BEPC) Key Stats

The company with the Market Capitalisation of 7.79 billion has total of 144,885K Shares Outstanding. Its annual sales at the moment are 4,571 M in contrast with the sum of 236,000 K annual income. Company’s last quarter sales were recorded 991,000 K and last quarter income was -1,410 M.

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