In the past week, BEPC stock has gone up by 27.50%, with a monthly gain of 21.04% and a quarterly surge of 11.06%. The volatility ratio for the week is 5.81%, and the volatility levels for the last 30 days are 3.36% for Brookfield Renewable Corporation The simple moving average for the past 20 days is 24.12% for BEPC’s stock, with a 12.98% simple moving average for the past 200 days.
Is It Worth Investing in Brookfield Renewable Corporation (NYSE: BEPC) Right Now?
The price-to-earnings ratio for Brookfield Renewable Corporation (NYSE: BEPC) is 7.94x, which is above its average ratio. Moreover, the 36-month beta value for BEPC is 1.12. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BEPC is 179.61M and currently, short sellers hold a 3.35% of that float. On May 08, 2024, BEPC’s average trading volume was 1.15M shares.
BEPC) stock’s latest price update
Brookfield Renewable Corporation (NYSE: BEPC)’s stock price has plunge by 0.03relation to previous closing price of 29.62. Nevertheless, the company has seen a 27.50% surge in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-05 that Brookfield Renewable is on track to deliver 10%-plus FFO per share growth over the next several years. It recently enhanced its ability to deliver supercharged growth by signing a mega-deal with Microsoft.
Analysts’ Opinion of BEPC
JP Morgan, on the other hand, stated in their research note that they expect to see BEPC reach a price target of $52. The rating they have provided for BEPC stocks is “Overweight” according to the report published on December 09th, 2021.
Wells Fargo gave a rating of “Overweight” to BEPC, setting the target price at $53 in the report published on April 26th of the previous year.
BEPC Trading at 23.01% from the 50-Day Moving Average
After a stumble in the market that brought BEPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.06% of loss for the given period.
Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 5.81%, as shares surge +20.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.90% upper at present.
During the last 5 trading sessions, BEPC rose by +27.50%, which changed the moving average for the period of 200-days by -8.94% in comparison to the 20-day moving average, which settled at $24.13. In addition, Brookfield Renewable Corporation saw 2.92% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BEPC
Current profitability levels for the company are sitting at:
- 0.71 for the present operating margin
- 0.41 for the gross margin
The net margin for Brookfield Renewable Corporation stands at 0.34. The total capital return value is set at 0.08. Equity return is now at value 24.97, with 3.14 for asset returns.
Based on Brookfield Renewable Corporation (BEPC), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 2.38. The interest coverage ratio of the stock is 2.19.
Currently, EBITDA for the company is 2.41 billion with net debt to EBITDA at 3.25. When we switch over and look at the enterprise to sales, we see a ratio of 4.76. The receivables turnover for the company is 5.43for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.
Conclusion
To wrap up, the performance of Brookfield Renewable Corporation (BEPC) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
