Brookfield (TSE:BN) Trading 3.8% Higher - Still a Buy?

Key Points

• Shares rose 3.8% midday to C$61.35 (session high C$61.40) on roughly 3.03 million shares traded, about in line with average volume.
• The company has a market capitalization of C$137.25 billion, a high trailing P/E of 125.20 and a beta of 1.47, with 50‑day and 200‑day moving averages of C$58.30 and C$61.96 respectively.
• In the latest quarter Brookfield reported EPS of C$0.86 on revenue of C$27.67 billion, with ROE 2.83% and net margin 1.73%; analysts forecast about C$6.41 EPS for the current fiscal year.

Brookfield Co. (TSE:BN - Get Free Report)'s share price traded up 3.8% during mid-day trading on Thursday . The company traded as high as C$61.40 and last traded at C$61.35. 3,033,869 shares were traded during mid-day trading, a decline of 0% from the average session volume of 3,036,576 shares. The stock had previously closed at C$59.10.

Brookfield Stock Up 3.8%

The stock has a fifty day moving average of C$58.30 and a 200-day moving average of C$61.96. The firm has a market capitalization of C$137.25 billion, a P/E ratio of 125.20 and a beta of 1.47.

Brookfield (TSE:BN - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported C$0.86 earnings per share (EPS) for the quarter. Brookfield had a return on equity of 2.83% and a net margin of 1.73%.The business had revenue of C$27.67 billion during the quarter. As a group, analysts forecast that Brookfield Co. will post 6.4136752 EPS for the current fiscal year.

Brookfield Company Profile

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.

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