Brookfield Renewable Corp (NYSE: BEPC) is -3.76% 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 $24.49 in the last trading session, with the day’s gains setting it 2.13%.
Currently trading at $26.62, the stock is -4.76% and -3.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing 8.70% at the moment leaves the stock -8.25% off its SMA200. BEPC registered 8.74% gain for a year compared to 6-month loss of -14.57%. The firm has a 50-day simple moving average (SMA 50) of $27.6682 and a 200-day simple moving average (SMA200) of $29.0126.
The stock witnessed a -5.94% gain in the last 1 month and extending the period to 3 months gives it a -8.77%, and is -6.50% 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 8.73% over the week and 4.20% over the month.
Brookfield Renewable Corp (BEPC) has around 2416 employees, a market worth around $9.03B and $4.91B in sales. Current P/E ratio is 33.88. Profit margin for the company is 5.98%. Distance from 52-week low is 24.68% and -24.25% 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 38.29% this year, but quarterly earnings will post 39.08% year-over-year. Quarterly sales are estimated to grow 46.93% in year-over-year returns.
532.0 institutions hold shares in Brookfield Renewable Corp (BEPC), with institutional investors hold 69.08% 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 69.04% 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 PRINCIPAL FINANCIAL GROUP INC with 4.76 million shares valued at $135.03 million to account for 2.6486 of the shares outstanding. The other top investors are FMR LLC which holds 4.44 million shares representing 2.4735 and valued at over $125.9 million, while LEGAL & GENERAL GROUP PLC holds 2.0912 of the shares totaling 3.76 million with a market value of $106.42 million.
