The Insider Activity Of Brookfield Corporation (BN) Should Not Be Ignored


As of Friday close, Brookfield Corporation’s (NYSE:BN) stock was down -$0.79, moving down -2.69 percent to $28.62. The average number of shares traded per day over the past five days has been 4,949,420 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.37 fall in that time frame. In the last twenty days, the average volume was 3,697,020, while in the previous 50 days, it was 2,841,856.

Since last month, BN stock retreated -21.55%. Shares of the company fell to $28.25 on 03/16/23, the lowest level in the past month. A 52-week high of $48.19 was reached on 02/09/23 after having rallying from a 52-week low of $28.25. Since the beginning of this year, BN’s stock price has dropped by -9.03% or -$2.84, and marked a new high 14 times. However, the stock has declined by -40.61% since its 52-week high.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".


Valuation Metrics

Right now, Brookfield Corporation (BN) has a P/E ratio of about 24.46. The stock’s beta is 1.43. Besides these, the trailing price-to-sales (P/S) ratio of 0.53, the price-to-book (PB) ratio of 1.11.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 5.04, and the total debt-to-equity ratio was 5.06. On the profitability front, the trailing twelve-month gross margin is 17.50% percent. In the year ended December 30, operating margins totaled 13.70%. Based on annual data, BN earned $21.94 billion in gross profit and brought in $92.77 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.40%. Return on equity (ROE) for the past 12 months was 8.90%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Brookfield Corporation to report $0.95 quarterly earnings, the actual figure was -$0.32 per share, beating the consensus estimate by -133.70%. During the quarter, the company generated $5.62 billion in EBITDA. The liabilities of Brookfield Corporation were 285.17 billion at the end of its most recent quarter ended December 30, and its total debt was $214.39 billion.

Technical Picture

This quick technical analysis looks at Brookfield Corporation’s (BN) price momentum. With a historical volatility rate of 34.64%, the RSI 9-day stood at 23.09% on 17 March.

With respect to its five-day moving average, the current Brookfield Corporation price is down by -4.57% percent or -$1.37. At present, BN shares trade -20.52% below its 20-day simple moving average and -25.18% percent below its 100-day simple moving average. However, the stock is currently trading approximately -13.01% below its SMA50 and -43.44% below its SMA200.

Stochastic coefficient K was 11.13% and Stochastic coefficient D was 9.86%, while ATR was 1.09. Given the Stochastic reading of 6.11% for the 14-day period, the RSI (14) reading has been calculated as 25.44%. As of today, the MACD Oscillator reading stands at -1.24, while the 14-day reading stands at -2.41.

Analyst Ratings

Brookfield Corporation downgraded its rating on Brookfield Corporation (NYSE: BN) to a Neutral in a note to investors on February 06, 2023. The analysts firm previously had an Outperform rating on the stock.Brookfield Corporation (BN) has been rated Overweight by analysts. According to 0 brokerage firms, BN is a sell, and 1 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Brookfield Corporation stock as buy, with 9 recommending it as overweight.

With a median target price of $49.00, the current consensus forecast for the stock is $33.00 – $62.00. Based on these forecasts, analysts predict Brookfield Corporation (BN) will achieve an average price target of $48.84.


Please enter your comment!
Please enter your name here