In the past week, BN stock has gone down by -2.58%, with a monthly decline of -1.34% and a quarterly surge of 9.99%. The volatility ratio for the week is 3.53%, and the volatility levels for the last 30 days are 2.35% for Brookfield Corporation The simple moving average for the past 20 days is -2.72% for BN’s stock, with a 19.90% simple moving average for the past 200 days.
Is It Worth Investing in Brookfield Corporation (NYSE: BN) Right Now?
Brookfield Corporation (NYSE: BN) has a higher price-to-earnings ratio of 122.32x compared to its average ratio. BN has 36-month beta value of 1.57. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for BN is 1.21B, and currently, short sellers hold a 1.11% ratio of that float. The average trading volume of BN on December 26, 2024 was 1.79M shares.
BN) stock’s latest price update
The stock price of Brookfield Corporation (NYSE: BN) has surged by 0.75 when compared to previous closing price of 57.06, but the company has seen a -2.58% decline in its stock price over the last five trading sessions. zacks.com reported 2024-12-24 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Analysts’ Opinion of BN
Credit Suisse gave a rating of “Outperform” to BN, setting the target price at $41 in the report published on March 20th of the previous year.
BN Trading at 0.62% from the 50-Day Moving Average
After a stumble in the market that brought BN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.93% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -3.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.72% upper at present.
During the last 5 trading sessions, BN fell by -2.58%, which changed the moving average for the period of 200-days by +36.65% in comparison to the 20-day moving average, which settled at $59.10. In addition, Brookfield Corporation saw 43.30% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BN starting from OCM Growth Holdings LLC, who sale 400,000 shares at the price of $11.90 back on Jun 10 ’24. After this action, OCM Growth Holdings LLC now owns 10,779,668 shares of Brookfield Corporation, valued at $4,760,000 using the latest closing price.
OCM Growth Holdings LLC, the Director of Brookfield Corporation, sale 4,312,500 shares at $11.50 during a trade that took place back on May 14 ’24, which means that OCM Growth Holdings LLC is holding 11,179,668 shares at $49,593,750 based on the most recent closing price.
Stock Fundamentals for BN
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.23 for the gross margin
The net margin for Brookfield Corporation stands at 0.01. The total capital return value is set at 0.05. Equity return is now at value 2.00, with 0.18 for asset returns.
Based on Brookfield Corporation (BN), the company’s capital structure generated 0.84 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 5.32. The interest coverage ratio of the stock is 1.23.
Currently, EBITDA for the company is 29.26 billion with net debt to EBITDA at 7.28. When we switch over and look at the enterprise to sales, we see a ratio of 3.34. The receivables turnover for the company is 4.72for trailing twelve months and the total asset turnover is 0.19.
Conclusion
To put it simply, Brookfield Corporation (BN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
