Brookfield Renewable Partners (TSE:BEP.UN – Get Free Report) (NYSE:BEP) issued its quarterly earnings results on Wednesday. The company reported C($0.74) EPS for the quarter, FiscalAI reports. Brookfield Renewable Partners had a negative net margin of 4.20% and a positive return on equity of 0.46%. The firm had revenue of C$2.64 billion for the quarter.
Brookfield Renewable Partners Price Performance
Shares of TSE BEP.UN opened at C$42.99 on Friday. The firm’s 50-day moving average price is C$41.42 and its 200-day moving average price is C$44.53. Brookfield Renewable Partners has a 1-year low of C$36.64 and a 1-year high of C$52.86. The firm has a market capitalization of C$13.02 billion, a P/E ratio of -97.70, a P/E/G ratio of 8.53 and a beta of 1.07. The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 107.80.
Wall Street Analysts Forecast Growth
Separately, Desjardins upgraded Brookfield Renewable Partners from a “hold” rating to a “buy” rating and set a C$49.00 target price for the company in a report on Thursday. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, Brookfield Renewable Partners has an average rating of “Buy” and an average target price of C$49.00.
View Our Latest Research Report on Brookfield Renewable Partners
About Brookfield Renewable Partners
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world – including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.
See Also
- Five stocks we like better than Brookfield Renewable Partners
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Brookfield Renewable Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Renewable Partners and related companies with MarketBeat.com's FREE daily email newsletter.
