Brookfield Renewable Partners L.P. (BEP): Analysis on the Earning Per Share

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Brookfield Renewable Partners L.P. (NYSE:BEP) changes shares on Tuesday trading session, with a change of -2.92% or -$1.31 shares. The trading starts at $44.75 and closed at $44.81 throughout the day. The trading session low price was $42.935 and day high was $44.83 on Tuesday, August 04. After the session, the Utilities sector daily volume shifted to 1.23 million while its average volume is 612.84K. In other hand, the BEP market cap reached to $7.79B. While, its current target price is $35.63.

On January 13, 2020, Brookfield Renewable offers to buy TerraForm, valuing it at $4 billion. According to the news reported on Reuters, Brookfield Renewable Partners said it would acquire the remaining 38% stake in TerraForm Power Inc it does not already own, in a deal that values the electricity utility at $3.93 billion, as it looks to boost its power portfolio.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 4.75% and up 10.38% for month. Its quarterly performance was 16.75% above, while its half year performance is up 9.91%. BEP yearly performance stood at positive 51.42% and rise 16.68% for year-to-date. Current recommendation for Brookfield Renewable Partners L.P. is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. BEP EPS (TTM) for 12-month is -0.12. Its EPS Q/Q reached -43.40%. It has an EPS of -86.13% down for past five years.

Let’s take a look on the analyst recommendations on BEP for the current month and previous month. For the current month, 4 of 13 analysts recommend stock as Buy while 1 as Sell, 1 as overweight, 0 as underweight and 7 as Hold. As compared with the previous month ratings, 12 analysts participate in stock recommendation. Out of 12, 1 rated it sell, 4 rated it as Buy and 6 as Hold Ratings.

Brookfield Asset Management Inc., FIL LTD and Royal Bank of Canada are the top three holders in Brookfield Renewable Partners L.P. (BEP) stock. On Mar 30, 2020, Brookfield Asset Management Inc. has 56.07 million shares which valued 1.91 billion. On Mar 30, 2020, FIL LTD owned 10.33 million shares which valued at 351.16 million. On Mar 30, 2020, Royal Bank of Canada has a total of 4.71 million shares which valued at 160.25 million. In the end, Royal Bank of Canada have 2.63% shares outstanding of Brookfield Renewable Partners L.P. (BEP) on Mar 30, 2020. The institutional holding shifted to 58.84%.

The company posted an EPS (TTM) of -0.12. Comparing with last year, the average estimated EPS was -0.16 which is lower than -0.14 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for BEP rise 15.09% for period of 200 days. SMA for 50 days was 8.20% which is showing green signal, while SMA-20 was 2.98%. The moving average value for Brookfield Renewable Partners L.P. (BEP) is 2.21M and 1.25% for 200 and 50 days respectively.