BEP stock: buy or sell?

BEP stock price: $50.65 -2.75% At close on February 27th, 2020

Updated on:
February 27th, 2020

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Brookfield Renewable Partners slipped -2.75% today to $50.65 after topping to all time highs on February/20.

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities. It owns and operates 217 hydroelectric generating stations, 38 wind facilities, 4 biomass facilities, and 3 natural gas-fired plants with 10,731 megawatts of generating capacity in North America, Colombia, Brazil, and Europe.

Should I buy BEP stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Brookfield Renewable Partners stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean BEP will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Brookfield Renewable Partners stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for BEP stock for the last month.

BEP stock analysis

Daily outlook

Brookfield Renewable Partners slipped -2.75% to $50.65 after marking all time highs on February 20th.

Brookfield Renewable Partners slipped -2.75% to $50.65 after reaching all time highs on February 20th. On February/20, BEP hit new all time highs, pushing higher previous ATH of $56.72 recorded on February/19. New ATHs are usual entry points for many trading setups as there aren't higher resistences. Since Jan/28 when BEP stock price broke up the SMA50d line, it gained $4.87 (10.64%).

BEP stock chart (daily)

Weekly outlook

After climbing for 4 weeks, this week Brookfield Renewable Partners collapsed a frightening -9.18%, closing at $50.65. Early February BEP rocketed a dazzling 6.24% in just one week.

Brookfield Renewable Partners stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, BEP might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Brookfield Renewable Partners marked last week. Early April, SMA20w and SMA40w crossed up triggering a rise of 71.58%. Since late January when BEP stock price broke up the SMA10w line, it gained $4.59 (9.97%).

BEP stock chart (weekly)

BEP stock price history

BEP IPO was on November 15th, 2005 at $4.84 per share1. Since then, BEP stock surged a 946.50%, with an average of 67.60% per year. If you had invested right after BEP's IPO a $1,000 in BEP stock in 2005, it would worth $9,465.00 today.

1: Adjusted price after possible price splits or reverse-splits.

BEP stock historical price chart

BEP stock reached all-time highs on February/20 with a price of $57.10.

BEP stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for Brookfield Renewable Partners stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Brookfield Renewable Partners posted its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this review.
BEP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q12018-05-030.020.0350.0%
2018-Q22018-08-030.17-0.01n/a
2018-Q32018-10-31-0.06-0.18n/a
2018-Q42019-02-08n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a super good growth of 13.60% to $2,982.00 M USD. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) appreciated a 2.23% to 2.08%.

BEP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,760 M-$71 M4.0%-
2014$1,704 M-3.18%$58 M3.4%-18.42%
2015$1,628 M-4.46%$3.00 M0.2%-94.83%
2016$2,452 M50.61%$-21.00 M-0.9%-800.00%
2017$2,625 M7.06%$-4.00 M-0.2%-80.95%
2018$2,982 M13.60%$62 M2.1%-1,650.00%

Quarterly financial results

Brookfield Renewable Partners reported $780.00 M in sales for 2018-Q4, a 15.73% up compared to previous quarter. Reported quarter income marked $61.00 M with a profit margin of 7.82%. Profit margin skyrocketed a 11.08% compared to previous quarter when profit margin was -3.26%. When comparing turnover to same quarter last year, Brookfield Renewable Partners sales marked an amazing increase and boosted a 18.72%.
BEP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$928 M-$38 M4.1%-
2017-Q3$608 M-34.47%$-16 M-2.6%-142.50%
2017-Q4$657 M8.06%$-31 M-4.7%93.75%
2018-Q1$793 M20.70%$14 M1.8%-145.16%
2018-Q2$735 M-7.31%$9 M1.2%-35.71%
2018-Q3$674 M-8.30%$-22 M-3.3%-344.44%
2018-Q4$780 M15.73%$61 M7.8%-377.27%
2019-Q1$825 M5.77%$35 M4.2%-42.62%

Brookfield Renewable Partners ownership

When you are planning to buy a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Brookfield Renewable Partners, of all outstanding shares are owned by its staff.

Bearish positions for BEP stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Brookfield Renewable Partners:

BEP
Market cap$9.1 B
Total shares179.0 M
Float shares122.8 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

BEP summary

Thursday, February 27th, 2020
Open$51.59
Close$50.65
Day range$50.57 - $51.93
Previous close$52.08
Session gain-2.75%
Average true range$1.46
50d mov avg$48.50
100d mov avg$45.68
200d mov avg$39.90
Daily patternlt06c
Weekly pattern lt06a

Brookfield Renewable Partners performance

To better understand Brookfield Renewable Partners performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Brookfield Renewable Partners to :
Stock3m6m12m
BEPBrookfield Renewa...10.18%39.72%79.87%

Brookfield Renewable Partners competitors

Unfortunately, we could not find any public company that could be defined as Brookfield Renewable Partners competitor. This doesn't mean Brookfield Renewable Partners does not have any competitor in the market, it's just we could not detected it.