BEP stock: buy or sell?
February 27th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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%).
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 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 targetHow 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|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 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%.
|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 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:
|Market cap||$9.1 B|
|Total shares||179.0 M|
|Float shares||122.8 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, February 27th, 2020|
|Day range||$50.57 - $51.93|
|Average true range||$1.46|
|50d mov avg||$48.50|
|100d mov avg||$45.68|
|200d mov avg||$39.90|
Brookfield Renewable Partners performanceTo 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 :