With 0.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.61 million shares. The 52-week range on BEP shows that it touched its highest point at $29.56 and its lowest point at $19.29 during that stretch. It currently has a 1-year price target of $29.23. With its current market cap of 7.36 billion, BEP has annualized dividend of $1.46 while the current yield stands at 5.62%. Beta for the stock currently stands at 1.04.
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 BEP was up-trending over the past week, with a rise of 8.50%, but this was up by 10.77% over a month. Three-month performance surged to 11.72% while six-month performance rose 6.97%. The stock lost -2.67% in the past year, while it has gained 13.73% so far this year. A look at the trailing 12-month EPS for BEP yields -1.01 with Next year EPS estimates of 0.69. For the next quarter, that number is -0.15. This implies an EPS growth rate of 151.95% for this year and 49.08% for next year.
Float and Shares Shorts:
At present, 284.11 million BEP shares are outstanding with a float of 273.87 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BEP since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 1 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 -$0.33366 being high and -$0.73088 being low. For BEP, this leads to a yearly average estimate of -$0.47666.
