Brookfield Corporation (NYSE: BN) has a price-to-earnings ratio of 122.66x that is above its average ratio. Additionally, the 36-month beta value for BN is 1.57. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
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 January 07, 2025 was 1.76M shares.
BN) stock’s latest price update
Brookfield Corporation (NYSE: BN)’s stock price has gone rise by 0.37 in comparison to its previous close of 57.44, however, the company has experienced a 0.52% increase in its stock price over the last five trading days. globenewswire.com reported 2025-01-07 that All amounts in Canadian dollars unless otherwise stated. BROOKFIELD, NEWS, Jan. 07, 2025 (GLOBE NEWSWIRE) — Brookfield, through its renewable power and transition business, alongside institutional partners (collectively, “Brookfield”), sold in aggregate 8,600,000 common shares (the “Common Shares”) in the capital of TransAlta Corporation (“TransAlta”) on the Toronto Stock Exchange for aggregate gross cash consideration of approximately C$168,990,000, at a price of C$19.65 per Common Share (the “Transaction”).
BN’s Market Performance
Brookfield Corporation (BN) has seen a 0.52% rise in stock performance for the week, with a -3.96% decline in the past month and a 9.71% surge in the past quarter. The volatility ratio for the week is 2.08%, and the volatility levels for the past 30 days are at 2.31% for BN. The simple moving average for the last 20 days is -0.29% for BN’s stock, with a simple moving average of 18.66% for the last 200 days.
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 0.12% 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 -7.67% of loss for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares sank -3.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.20% upper at present.
During the last 5 trading sessions, BN rose by +0.51%, which changed the moving average for the period of 200-days by +36.18% in comparison to the 20-day moving average, which settled at $57.82. In addition, Brookfield Corporation saw 0.35% 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
In conclusion, Brookfield Corporation (BN) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
