Brookfield Renewable Corporation (NYSE: BEPC) has a higher price-to-earnings ratio of 12.86x compared to its average ratio, The 36-month beta value for BEPC is at 1.16. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for BEPC is 179.60M, and currently, shorts hold a 3.64% of that float. The average trading volume for BEPC on October 17, 2024 was 801.92K shares.
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BEPC) stock’s latest price update
Brookfield Renewable Corporation (NYSE: BEPC) has seen a rise in its stock price by 9.68 in relation to its previous close of 29.85. However, the company has experienced a 7.84% gain in its stock price over the last five trading sessions. fool.com reported 2024-10-14 that These stocks should be big winners if Democrats control the White House and both chambers of Congress.
BEPC’s Market Performance
Brookfield Renewable Corporation (BEPC) has experienced a 7.84% rise in stock performance for the past week, with a 8.45% rise in the past month, and a 14.28% rise in the past quarter. The volatility ratio for the week is 3.82%, and the volatility levels for the past 30 days are at 2.63% for BEPC. The simple moving average for the past 20 days is 4.63% for BEPC’s stock, with a 17.16% simple moving average for the past 200 days.
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 10.57% 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 -1.30% of loss for the given period.
Volatility was left at 2.63%, however, over the last 30 days, the volatility rate increased by 3.82%, as shares surge +8.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.69% upper at present.
During the last 5 trading sessions, BEPC rose by +7.84%, which changed the moving average for the period of 200-days by +13.72% in comparison to the 20-day moving average, which settled at $31.29. In addition, Brookfield Renewable Corporation saw 13.72% 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:
- 0.59 for the present operating margin
- 0.32 for the gross margin
The net margin for Brookfield Renewable Corporation stands at 0.18. The total capital return value is set at 0.07. Equity return is now at value 14.68, with 1.84 for asset returns.
Based on Brookfield Renewable Corporation (BEPC), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 2.57. The interest coverage ratio of the stock is 1.8.
Currently, EBITDA for the company is 2.41 billion with net debt to EBITDA at 3.59. When we switch over and look at the enterprise to sales, we see a ratio of 4.72. The receivables turnover for the company is 2.13for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.40.
Conclusion
In conclusion, Brookfield Renewable Corporation (BEPC) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
