Brookfield Renewable Partners LP (NYSE:BEP) currently has a daily average trading volume of 805.08K but it saw 393382 shares traded in last market. With a market cap of 6.15B USD, the company’s current market price of $21.57 came rising about 2.62 while comparing to the previous closing price of $21.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.56 and as low as $19.29. In the recent trading on the day, stock has struck highest price mark of $21.17 while lowest mark touched by it was $21.7534.
Taking a look at 20-day trading activity of Brookfield Renewable Partners LP (BEP) gives us an average price of $21.93, while its current price level is -27.03% below from 52-week high level whereas it is 11.82% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.42 while that of 200 days or SMA-200 reads an average of $24.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.43% during that period while stretching the period over a month that increases to 4.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.76 which implies that the stock is in neutral territory.
JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on December 12, 2024 while assigning a price target of $30. UBS issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $24 and $31.
Over the week, BEP’s stock price is moving 0.94% up while it is -7.58% when we observe its performance for the past one month. Year-to-date it is -5.35% down and over the past year, the stock is showing an upside performance of 7.80%.
The company is expected to be releasing its next quarterly report on 2025-Jan-30, for which analysts forecasted an EPS of -0.35 while estimate for next year EPS is -0.76. In next quarter, company is expected to be making quarterly sales of $1.78B as analysts are expecting the sales for current fiscal year at $6.69B and seeing the company making $7.1B in sales next year. Moreover, analysts are in estimates of $1.73B for current-quarter revenue.
Currently, Brookfield Renewable Partners LP’s total number of outstanding shares is 285.18M. Company’s return on investment (ROI) stands at -0.75% and return on equity (ROE) at -4.87%. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 1.71 while price to sale or P/S ratio amounts to 1.07. Its return on asset (ROA) is -0.26% on average.
