BEP:NYE-Brookfield Renewable Partners LP (USD)

COMMON STOCK | Utilities-Renewable | NYE

Last Closing Price

USD 40.18

Change

-0.15 (-0.37)%

Market Cap

USD 25.91B

Volume

0.23M

Avg Analyst Target

USD 42.08 (+4.72%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


BEP Stock Forecast & Price:
Based on the Brookfield Renewable Partners LP stock forecasts from 9 analysts, the average analyst target price for Brookfield Renewable Partners LP is USD 42.08 over the next 12 months. Brookfield Renewable Partners LP’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Brookfield Renewable Partners LP is Slightly Bearish, which is based on 7 positive signals and 9 negative signals. At the last closing, Brookfield Renewable Partners LP’s stock price was USD 40.18. Brookfield Renewable Partners LP’s stock price has changed by +6.16% over the past week, +14.05% over the past month and +3.93% over the last year.

About Brookfield Renewable Partners LP (BEP:NYE)

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydroelectric, wind, solar, distributed generation, pumped storage, cogen ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-09 )

Largest Industry Peers for Utilities-Renewable

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
AQN Algonquin Power & Utilities Co..

N/A

USD9.70B 27.46 19.14
CWEN Clearway Energy Inc Class C

-0.70 (-1.84%)

USD7.33B 7.86 5.00
CWEN-A Clearway Energy Inc

-0.51 (-1.45%)

USD7.33B 7.29 5.00
BEPC Brookfield Renewable Corp

-0.08 (-0.19%)

USD7.27B 17.58 7.10
NEP Nextera Energy Partners LP

-0.44 (-0.53%)

USD7.00B 18.86 16.40
ORA Ormat Technologies Inc

-1.24 (-1.36%)

USD5.11B 78.58 16.96
EE Excelerate Energy Inc

+1.01 (+4.54%)

USD2.42B 36.57 6.36
AMPS Altus Power Inc

-0.29 (-3.16%)

USD1.34B 19.57 12.65
AZRE Azure Power Global Ltd

-0.69 (-5.88%)

USD0.71B 709.60 0.19
SMR Nuscale Power Corp

-0.02 (-0.13%)

USD0.64B N/A -5.77

ETFs Containing BEP

Symbol Name Weight Mer Price(Change) Market Cap
XMD:CA iShares S&P/TSX Completio.. 0.00 % 0.60 %

-0.22 (-0.74%)

USD0.17B
XUT:CA iShares S&P/TSX Capped Ut.. 0.00 % 0.61 %

+0.13 (+0.40%)

USD0.30B
ZMLP Direxion Zacks MLP High I.. 0.00 % 0.81 %

N/A

USD0.04B

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Renewable)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.27% 83% B 90% A-
Dividend Return 1.79% 33% F 53% F
Total Return 14.05% 92% A- 91% A-
Trailing 12 Months  
Capital Gain 4.26% 73% C 83% B
Dividend Return 3.24% 38% F 56% F
Total Return 7.49% 73% C 83% B
Trailing 5 Years  
Capital Gain 79.75% 83% B 84% B
Dividend Return 28.65% 80% B- 85% B
Total Return 108.40% 83% B 87% B+
Average Annual (5 Year Horizon)  
Capital Gain 17.38% 58% F 81% B-
Dividend Return 5.05% 100% A+ 85% B
Total Return 22.43% 75% C 84% B
Risk Return Profile  
Volatility (Standard Deviation) 28.53% 25% F 38% F
Risk Adjusted Return 78.62% 67% D+ 91% A-
Market Capitalization 25.91B 100% A+ 90% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Renewable)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 254.05 17% F 3% F
Price/Book Ratio 2.11 69% D+ 39% F
Price / Cash Flow Ratio 35.31 23% F 9% F
EV/EBITDA 12.21 46% F 36% F
Management Effectiveness  
Return on Equity 0.15% 29% F 25% F
Return on Invested Capital 2.54% 33% F 35% F
Return on Assets 1.56% 50% F 38% F
Debt to Equity Ratio 432.92% 8% F 7% F
Technical Ratios  
Dividend Yield 3.30% 44% F 51% F
Short Ratio 7.15 23% F 9% F
Short Percent 0.66% 83% B 82% B-
Beta 0.75 50% F 72% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector