Brookfield Renewable Corp (NYSE: BEPC) is 1.41% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BEPC stock was last observed hovering at around $29.04 in the last trading session, with the day’s loss setting it -0.99%.
Currently trading at $28.05, the stock is -0.56% and 2.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -3.41% at the moment leaves the stock -3.82% off its SMA200. BEPC registered 15.72% gain for a year compared to 6-month loss of -9.60%. The firm has a 50-day simple moving average (SMA 50) of $27.274 and a 200-day simple moving average (SMA200) of $29.18165.
The stock witnessed a -1.30% gain in the last 1 month and extending the period to 3 months gives it a -0.88%, and is -3.21% down 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 2.84% over the week and 3.26% over the month.
Brookfield Renewable Corp (BEPC) has around 2416 employees, a market worth around $9.52B and $4.91B in sales. Current P/E ratio is 35.71. Profit margin for the company is 5.98%. Distance from 52-week low is 31.38% and -20.18% from its 52-week high. The company has generated returns on investments over the last 12 months (1.45%).
with sales reaching $2.27B over the same period.The EPS is expected to grow by 10.27% this year, but quarterly earnings will post 39.27% year-over-year. Quarterly sales are estimated to grow 46.93% in year-over-year returns.
536.0 institutions hold shares in Brookfield Renewable Corp (BEPC), with institutional investors hold 68.99% of the company’s shares. The shares outstanding are 179.64M, and float is at 144.80M with Short Float at 3.91%. Institutions hold 68.96% 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 5.6191 of the BEPC Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 4.44 million shares valued at $125.9 million to account for 2.4735 of the shares outstanding. The other top investors are LEGAL & GENERAL GROUP PLC which holds 3.76 million shares representing 2.0912 and valued at over $106.42 million, while BLACKROCK INC. holds 2.0465 of the shares totaling 3.68 million with a market value of $104.34 million.
