Brookfield Renewable Corp (NYSE: BEPC) is -1.12% lower on its value in year-to-date trading and has touched a low of $21.35 and a high of $35.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BEPC stock was last observed hovering at around $27.11 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $27.35, the stock is 5.58% and -2.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.89% at the moment leaves the stock -6.78% off its SMA200. BEPC registered 5.60% gain for a year compared to 6-month gain of -1.69%. The firm has a 50-day simple moving average (SMA 50) of $28.2328 and a 200-day simple moving average (SMA200) of $29.314.
The stock witnessed a -5.72% loss in the last 1 month and extending the period to 3 months gives it a -12.28%, and is 7.21% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.90% over the week and 3.88% over the month.
Brookfield Renewable Corp (BEPC) has around 2116 employees, a market worth around $9.28B and $4.91B in sales. Profit margin for the company is 5.98%. Distance from 52-week low is 28.10% and -22.17% from its 52-week high. The company has generated returns on investments over the last 12 months (1.17%).
The EPS is expected to grow by 58.80% this year
546.0 institutions hold shares in Brookfield Renewable Corp (BEPC), with institutional investors hold 76.24% of the company’s shares. The shares outstanding are 374.11M, and float is at 144.85M with Short Float at 3.34%. Institutions hold 76.21% of the Float.
The top institutional shareholder in the company is BROOKFIELD CORP /ON/ with over 10.09 million shares valued at $286.47 million. The investor’s holdings represent 2.6982 of the BEPC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.45 million shares valued at $154.53 million to account for 1.4555 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 4.76 million shares representing 1.2718 and valued at over $135.03 million, while FMR LLC holds 1.1877 of the shares totaling 4.44 million with a market value of $125.9 million.
