BEP stock: buy or sell?
October 18th, 2019
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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, 2 buy setups match with Brookfield Renewable Partners stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Brookfield Renewable Partners stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we detected 12 ratings published for BEP stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-30||Royal Bank of Canada||n/a||Sector Perform|
|2019-9-30||National Bank Financial||n/a||Sector Perform|
|2019-8-1||Royal Bank of Canada||n/a||Sector Perform|
|2019-8-1||Raymond James||n/a||Market Perform|
|2019-7-4||Raymond James||n/a||Market Perform|
|2019-7-25||Credit Suisse Group||Outperform||Neutral|
|2019-5-3||Raymond James||n/a||Market Perform|
|2019-5-3||Raymond James||n/a||Market Perform|
|2019-2-12||Raymond James||n/a||Market Perform|
BEP stock analysis
After topping to all time highs on October 18th, Brookfield Renewable Partners inched 1.19% on Oct 18th to $42.65.
Brookfield Renewable Partners inched 1.19% on Oct 18th and marked a new all time high at $42.76. BEP shows a sign of strength in the short-term after finally breaking out above $42.50 on Oct 9th and marking a new rising bottom.
Brookfield Renewable Partners touched new all time highs again this week, marking to $42.76. Shares closed at $42.65 and rose 3.62% during the week. Late September BEP boosted a cool 5.19% in just one week.
BEP shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid September, BEP climbed unceasignly breaking out to new all time highs. Early April, SMA20w and SMA40w crossed up triggering a rise of 39.79%. Since price and SMA40w lines crossed up late January, BEP climbed $15.44 (56.74%).
BEP stock price history
BEP IPO was on November 15th, 2005 at $5.01 per share1. Since then, BEP stock grew a 751.30%, with a yearly average of 57.80%. If you had invested right after BEP's IPO a $1,000 in BEP stock in 2005, it would worth $7,513.00 today.
1: Adjusted price after possible price splits or reverse-splits.
BEP stock historical price chart
BEP stock reached all-time highs on October 18th with a price of $42.76.
BEP stock price target is $36.60Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 11 price targets for Brookfield Renewable Partners stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-30||TD Securities||Raises Target||$40.00||$43.00||7.5%|
|2019-9-30||Royal Bank of Canada||Raises Target||$37.00||$39.00||5.4%|
|2019-9-30||National Bank Financial||Raises Target||$37.00||$39.00||5.4%|
|2019-8-1||Royal Bank of Canada||Raises Target||$33.00||$37.00||12.1%|
|2019-8-1||Raymond James||Raises Target||$31.00||$36.00||16.1%|
|2019-7-4||Raymond James||Set Price Target||n/a||$31.00||-|
|2019-5-3||Raymond James||Set Price Target||n/a||$31.00||-|
|2019-2-12||Raymond James||Set Price Target||n/a||$31.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on February, Brookfield Renewable Partners . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an outstanding gain of 13.60% to $2,982.00 M USD. On the other hand, its earnings margin (compared to revenues) gained to 2.08%, that is $62.00 million.
|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||$2,452 M||50.61%||$-21.00 M-0.9%||-800.00%|
|2017||$2,625 M||7.06%||$-4.00 M-0.2%||-80.95%|
|2018||$2,982 M||13.60%||$62 M2.1%||-1,650.00%|
Quarterly financial resultsBrookfield Renewable Partners posted $780.00 million in sales for 2018-Q4, a 15.73% improvement compared to previous quarter. Reported quarter earnings marked $61.00 million 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 sales to same quarter last year, Brookfield Renewable Partners sales marked an astounding growth and boosted a 18.72%.
|2017-Q2||$928 M||-||$38 M4.1%||-|
|2017-Q3||$608 M||-34.47%||$-16 M-2.6%||-142.50%|
|2017-Q4||$657 M||8.06%||$-31 M-4.7%||93.75%|
|2018-Q1||$793 M||20.70%||$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 M||15.73%||$61 M7.8%||-377.27%|
|2019-Q1||$825 M||5.77%||$35 M4.2%||-42.62%|
Brookfield Renewable Partners ownershipWhen you are planning to buy shares of a company, it's worth to overview its ownership structure.
Brookfield Renewable Partners shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
Bearish positions for BEP stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$7.6 B||$2.9 B|
|Total shares||178.9 M||56.2 M|
|Float shares||122.8 M||49.1 M|
|- Institutional holdings (%)||0.0%||86.5%|
|- Insider holdings (%)||0.0%||0.6%|
|Shares in short selling||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$42.17 - $42.76|
|Average true range||$0.62|
|50d mov avg||$38.38|
|100d mov avg||$36.41|
|200d mov avg||$32.94|
Brookfield Renewable Partners performanceTo better understand Brookfield Renewable Partners performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Brookfield Renewable Partners performance to Array: