Brookfield Renewable Partners LP (NYSE: BEP)’s stock price has soared by 0.24 in relation to previous closing price of 20.65. Nevertheless, the company has seen a loss of -0.48% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-28 that Since Trump’s 2024 victory, sectors like AI, conventional energy, and financials have thrived. There are some negatively affected sectors as well, such as renewable energy and interest rate sensitive asset classes. While in most cases the declines have been justified, there are some situations, where the market has thrown the baby out with the bathwater.
Is It Worth Investing in Brookfield Renewable Partners LP (NYSE: BEP) Right Now?
The 36-month beta value for BEP is also noteworthy at 1.00. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 8 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for BEP is 275.47M, and at present, short sellers hold a 0.40% of that float. The average trading volume of BEP on January 31, 2025 was 675.64K shares.
BEP’s Market Performance
BEP’s stock has seen a -0.48% decrease for the week, with a -10.23% drop in the past month and a -23.93% fall in the past quarter. The volatility ratio for the week is 3.10%, and the volatility levels for the past 30 days are at 3.40% for Brookfield Renewable Partners LP The simple moving average for the last 20 days is -4.61% for BEP’s stock, with a simple moving average of -17.18% for the last 200 days.
Analysts’ Opinion of BEP
Many brokerage firms have already submitted their reports for BEP stocks, with JP Morgan repeating the rating for BEP by listing it as a “Overweight.” The predicted price for BEP in the upcoming period, according to JP Morgan is $30 based on the research report published on December 12, 2024 of the previous year 2024.
UBS, on the other hand, stated in their research note that they expect to see BEP reach a price target of $31, previously predicting the price at $24. The rating they have provided for BEP stocks is “Buy” according to the report published on September 30th, 2024.
UBS gave a rating of “Neutral” to BEP, setting the target price at $25 in the report published on November 17th of the previous year.
BEP Trading at -11.14% from the 50-Day Moving Average
After a stumble in the market that brought BEP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.97% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares sank -9.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.21% lower at present.
During the last 5 trading sessions, BEP fell by -0.48%, which changed the moving average for the period of 200-days by -1.62% in comparison to the 20-day moving average, which settled at $21.70. In addition, Brookfield Renewable Partners LP saw -9.17% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BEP
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.29 for the gross margin
The net margin for Brookfield Renewable Partners LP stands at -0.03. The total capital return value is set at 0.01. Equity return is now at value -5.22, with -0.32 for asset returns.
Based on Brookfield Renewable Partners LP (BEP), the company’s capital structure generated 1.0 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05.
Currently, EBITDA for the company is 3.94 billion with net debt to EBITDA at 7.36. When we switch over and look at the enterprise to sales, we see a ratio of 6.01. The receivables turnover for the company is 4.04for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
In summary, Brookfield Renewable Partners LP (BEP) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
