At the time of writing, Brookfield Renewable Corp [BEPC] stock is trading at $43.26, up 2.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BEPC shares have gain 6.55% over the last week, with a monthly amount glided 21.11%, 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 an Overweight but stick to its price target of $52 on December 09, 2021. Wells Fargo upgraded its rating to an 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.
For the past year, the stock price of Brookfield Renewable Corp fluctuated between $23.73 and $44.71. Currently, Wall Street analysts expect the stock to reach $37 within the next 12 months. Brookfield Renewable Corp [NYSE: BEPC] shares were valued at $43.26 at the most recent close of the market. An investor can expect a potential drop of -14.47% based on the average BEPC price forecast.
Analyzing the BEPC fundamentals
According to Brookfield Renewable Corp [NYSE:BEPC], the company’s sales were 5.42B for trailing twelve months, which represents an 33.21% jump. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at -0.37%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.95 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 124.04.
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 42.23 points at the first support level, and at 41.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.98, and for the 2nd resistance point, it is at 44.71.
Ratios To Look Out For
It is important to note that Brookfield Renewable Corp [NYSE:BEPC] has a current ratio of 0.27. Further, the Quick Ratio stands at 0.27, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 1.43, the price to book ratio is 49.10.
