Brookfield Renewable Co. (TSE:BEPC – Get Free Report) crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of C$42.02 and traded as high as C$42.98. Brookfield Renewable shares last traded at C$42.70, with a volume of 679,415 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Desjardins boosted their price target on Brookfield Renewable from C$48.00 to C$49.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, Brookfield Renewable currently has a consensus rating of “Hold” and an average price target of C$49.00.
Check Out Our Latest Stock Analysis on BEPC
Brookfield Renewable Trading Up 5.0%
The firm has a market capitalization of C$7.93 billion, a P/E ratio of -2.01, a price-to-earnings-growth ratio of 0.84 and a beta of 1.10. The stock’s 50-day simple moving average is C$42.02 and its two-hundred day simple moving average is C$50.40. The company has a debt-to-equity ratio of -464.91, a current ratio of 0.40 and a quick ratio of 0.18.
Brookfield Renewable (TSE:BEPC – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported C($2.95) EPS for the quarter. The firm had revenue of C$1.69 billion for the quarter. Brookfield Renewable had a negative net margin of 110.51% and a positive return on equity of 257.80%. Equities research analysts expect that Brookfield Renewable Co. will post 2.85 EPS for the current year.
Brookfield Renewable Company Profile
Brookfield operates Brookfield Renewable Partners (NYSE: BEP, BEPC TSX: BEP.UN, BEPC), one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.
Further Reading
- Five stocks we like better than Brookfield Renewable
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Brookfield Renewable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Renewable and related companies with MarketBeat.com's FREE daily email newsletter.
