Brookfield Business Partners (BBU) Stock Price, News & Analysis

Company Overview

Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. was founded in 2016 and is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Corporation.

Key Stats

• Today's Range: $23.31 to $24.28
• 50-Day Range: $20.56 to $25.15
• 52-Week Range: $15.10 to $25.64
• Volume: 5,328 shs
• Average Volume: 14,185 shs
• Market Capitalization: $1.79 billion
• P/E Ratio: 2.97
• Dividend Yield: 1.04%
• Price Target: $31.40
• Consensus Rating: Buy

Brookfield Business Partners Stock Analysis - MarketRank™

Brookfield Business Partners scored higher than 83% of companies evaluated by MarketBeat, and ranked 61st out of 323 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Brookfield Business Partners has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Brookfield Business Partners has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -3.13%

Earnings Growth

Earnings for Brookfield Business Partners are expected to decrease by -3.13% in the coming year, from $5.43 to $5.26 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Brookfield Business Partners is 2.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brookfield Business Partners is 2.99, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 36.64.

Price to Book Value per Share Ratio

Brookfield Business Partners has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.07% of the float of Brookfield Business Partners has been sold short.

Short Interest Ratio / Days to Cover

Brookfield Business Partners has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Brookfield Business Partners has recently increased by 7.40%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Brookfield Business Partners pays a meaningful dividend of 1.02%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Brookfield Business Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Brookfield Business Partners is 3.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Brookfield Business Partners will have a dividend payout ratio of 4.75% next year. This indicates that Brookfield Business Partners will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.07% of the float of Brookfield Business Partners has been sold short.

Short Interest Ratio / Days to Cover

Brookfield Business Partners has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Brookfield Business Partners has recently increased by 7.40%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.13

News Sentiment

Brookfield Business Partners has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Brookfield Business Partners this week, compared to 2 articles on an average week.

MarketBeat Follows

4 people have added Brookfield Business Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Brookfield Business Partners insiders have not sold or bought any company stock.

Percentage Held by Institutions

85.04% of the stock of Brookfield Business Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BBU Stock Analysis - Frequently Asked Questions

How have BBU shares performed this year?

Brookfield Business Partners' stock was trading at $20.58 at the start of the year. Since then, BBU shares have increased by 17.7% and is now trading at $24.23.
View the best growth stocks for 2024 here.

How were Brookfield Business Partners' earnings last quarter?

Brookfield Business Partners L.P. (NYSE:BBU) posted its earnings results on Friday, November, 8th. The business services provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.39. The business services provider had revenue of $9.23 billion for the quarter. Brookfield Business Partners had a trailing twelve-month return on equity of 30.68% and a net margin of 11.77%.

Who are Brookfield Business Partners' major shareholders?

Top institutional investors of Brookfield Business Partners include Brookfield Corp ON (34.47%), PCJ Investment Counsel Ltd. (2.04%), CIBC Asset Management Inc (1.90%) and Bank of Montreal Can (1.12%).
View institutional ownership trends.

How do I buy shares of Brookfield Business Partners?

Shares of BBU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Brookfield Business Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brookfield Business Partners investors own include NVIDIA (NVDA), General Electric (GE), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 11/08/2024
• Today: 11/21/2024
• Ex-Dividend for 12/31 Dividend: 11/29/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/07/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Construction - special trade contractors
• Sub-Industry: Construction
• Current Symbol: NYSE:BBU
• CUSIP: N/A
• CIK: 1654795
• Web: bbu.brookfield.com
• Phone: (441) 294-3309
• Fax: N/A
• Employees: 72,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.40
• High Stock Price Target: $34.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +33.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.10
• Trailing P/E Ratio: 2.91
• Forward P/E Ratio: 4.34
• P/E Growth: N/A
• Net Income: $482 million
• Net Margins: 11.77%
• Pretax Margin: 10.67%
• Return on Equity: 30.68%
• Return on Assets: 6.74%

Debt

• Debt-to-Equity Ratio: 2.12
• Current Ratio: 1.17
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $55.07 billion
• Price / Sales: 0.03
• Cash Flow: $98.17 per share
• Price / Cash Flow: 0.24
• Book Value: $250.68 per share
• Price / Book: 0.09

Miscellaneous

• Outstanding Shares: 74,280,000
• Free Float: N/A
• Market Cap: $1.75 billion
• Optionable: Optionable
• Beta: 1.45