Wall Street analysts’ outlook for Brookfield Renewable Corp (BEPC)

With 0.81 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.01 million shares. The 52-week range on BEPC shows that it touched its highest point at $35.14 and its lowest point at $21.35 during that stretch. It currently has a 1-year price target of $34.00. With its current market cap of 9.71 billion, BEPC has annualized dividend of $1.42 while the current yield stands at 4.96%. Beta for the stock currently stands at 1.16.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BEPC was down-trending over the past week, with a drop of -0.80%, but this was up by 12.99% over a month. Three-month performance dropped to -9.95% while six-month performance rose 0.85%. The stock gained 16.63% in the past year, while it has gained 3.43% so far this year. A look at the trailing 12-month EPS for BEPC yields -2.06 with Next year EPS estimates of -0.42. For the next quarter, that number is -0.25. This implies an EPS growth rate of 58.80% for this year and 10.63% for next year.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BEPC since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.79003 being high and -$1.04941 being low. For BEPC, this leads to a yearly average estimate of -$0.89793. Based on analyst estimates, the high estimate for the next quarter is -$0.4 and the low estimate is -$0.4. The average estimate for the next quarter is thus -$0.4.