Investors Are Waking Up To Brookfield Renewable Corp (NYSE: BEPC) After Rising 22.09% Over The Past 12 Months

Brookfield Renewable Corp (NYSE:BEPC) currently has a daily average trading volume of 1.10M but it saw 1335453 shares traded in last market. With a market cap of 4.12B USD, the company’s current market price of $28.46 came falling about -1.18 while comparing to the previous closing price of $28.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.14 and as low as $23.01. In the recent trading on the day, stock has struck highest price mark of $27.92 while lowest mark touched by it was $28.725.

Taking a look at 20-day trading activity of Brookfield Renewable Corp (BEPC) gives us an average price of $27.11, while its current price level is -19.01% below from 52-week high level whereas it is 23.69% 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 $27.82 while that of 200 days or SMA-200 reads an average of $28.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.26% during that period while stretching the period over a month that increases to 4.27%. 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 56.89 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 range of $32-$34.

Over the week, BEPC’s stock price is moving 3.79% up while it is 1.93% when we observe its performance for the past one month. Year-to-date it is 2.89% up and over the past year, the stock is showing an upside performance of 22.09%.

The company is expected to be releasing its next quarterly report on 2025-Feb-02, for which analysts forecasted an EPS of -0.25 while estimate for next year EPS is -1.12. In next quarter, company is expected to be making quarterly sales of $2.27B as analysts are expecting the sales for current fiscal year at $8.22B and seeing the company making $8.89B in sales next year. Moreover, analysts are in estimates of $2.16B for current-quarter revenue.

Currently, Brookfield Renewable Corp’s total number of outstanding shares is 179.64M with 0.05% of that held by the insiders while 69.57% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.45% and return on equity (ROE) at 6.15%. It has a price to earnings ratio (P/E ratio) of 36.23. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 5.52 while price to sale or P/S ratio amounts to 0.84. Its return on asset (ROA) is 0.46% on average.