Brookfield Renewable Corp [BEPC] stock prices are up 1.57% to $29.76 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BEPC shares have gain 5.38% over the last week, with a monthly amount glided 11.38%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, JP Morgan upgraded its rating to Overweight on December 12, 2024, and elevated its price target to $34. On October 20, 2023, Exane BNP Paribas initiated with a Outperform rating. JP Morgan upgraded its rating to a Overweight but stick to its price target of $52 on December 09, 2021. Wells Fargo upgraded its rating to a Overweight and raised its price target to $53 on April 26, 2021. In a note dated January 06, 2021, Wells Fargo downgraded an Underweight rating on this stock.
The stock price of Brookfield Renewable Corp [BEPC] has been fluctuating between $23.73 and $35.14 over the past year. Brookfield Renewable Corp [NYSE: BEPC] shares were valued at $29.76 at the most recent close of the market.
Analyzing the BEPC fundamentals
The Brookfield Renewable Corp [NYSE:BEPC] reported sales of 5.09B for trailing twelve months, representing a surge of 15.68%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.08 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 9.83.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.28 points at the first support level, and at 28.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.02, and for the 2nd resistance point, it is at 30.29.
Ratios To Look Out For
It’s worth pointing out that Brookfield Renewable Corp [NYSE:BEPC]’s Current Ratio is 0.25. Also, the Quick Ratio is 0.25, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 1.05, the price to book ratio is 2.59.
