Brookfield Infrastructure Partners (TSE:BIP.UN) Hits New 1-Year Low - What's Next?

Key Points

• 52-week low: Shares hit a new 52-week low of C$46.74 (last C$46.98) and were trading down about 2.3% on volume of 761,066 shares.
• Valuation and leverage look stretched: market cap C$21.84B, PE ~52.5, and a high debt-to-equity ratio of 180.01, with the stock trading below both the 50-day (C$50.89) and 200-day (C$49.60) moving averages.
• Recent results show C$0.61 EPS on C$8.32B revenue, a 5.21% ROE but a slight negative net margin (-0.09%), and analysts expect about C$0.94 EPS for the current year.

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP's share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$46.74 and last traded at C$46.98, with a volume of 761066 shares. The stock had previously closed at C$48.39.

Brookfield Infrastructure Partners Trading Down 2.3%

The stock has a market cap of C$21.84 billion, a PE ratio of 52.53, a PEG ratio of -2.12 and a beta of 1.70. The company has a debt-to-equity ratio of 180.01, a quick ratio of 0.45 and a current ratio of 0.81. The stock has a fifty day moving average price of C$50.89 and a 200 day moving average price of C$49.60.

Brookfield Infrastructure Partners (TSE:BIP.UN - Get Free Report) NYSE: BIP last announced its earnings results on Thursday, January 29th. The company reported C$0.61 EPS for the quarter. The firm had revenue of C$8.32 billion during the quarter. Brookfield Infrastructure Partners had a positive return on equity of 5.21% and a negative net margin of 0.09%. Equities analysts expect that Brookfield Infrastructure Partners L.P. will post 0.9401645 EPS for the current year.

About Brookfield Infrastructure Partners

Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Brazil and also has a presence in Australia, Colombia, United Kingdom, Canada, United States of America, Chile, Peru, India, and other countries.

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