Brookfield Infrastructure Partne (NYSE: BIP) has reported E.P.S. of $0.02 for its second fiscal quarter (ending June 30) versus $0.82 for the same period a year ago. E.P.S. were $0.46 for the latest four quarters through June 30 versus $1.22 for the same period a year ago.
Recent Price Action
On 8/1/24, Brookfield Infrastructure Partne (NYSE: BIP) stock declined modestly by -1.7%, closing at $31.04. NORMAL trading volume accompanied the decline. The stock is unchanged during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
BIP’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Brookfield Infrastructure Partne has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Brookfield Infrastructure Partne has a slightly positive Appreciation Score of 65 and a neutral Power Rating of 44, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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