Streetbeat News

BBU

Brookfield Business Partners L.P.

https://bbu.brookfield.com

Industry

Conglomerates

Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business 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. is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Asset Management Inc.

Open

23.74

Mkt cap

1.8B

Volume

9.8K

High

24.69

P/E Ratio

3.05

52-wk high

25.64

Low

23.74

Div yield

0.01

52-wk low

15.34

BMO Capital analyst Devin Dodge maintains an Outperform rating on Brookfield Bus Partners (NYSE:BBU) and raises the price target from $30 to $31.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:49 pm

Brookfield Bus Partners (BBU) reported Q1 2024 FFO of $1.53 per share, surpassing the $0.86 estimate, but their sales of $12.056B fell short of the $15.988B estimate. This represents a decrease in both earnings and sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:12 am

Benzinga Insights highlights 5 value stocks in the industrials sector with low P/E ratios, suggesting potential undervaluation. The stocks include Hertz Global Holdings (HTZ), Brookfield Bus Partners (BBU), Navios Maritime Partners (NMM), Performance Shipping (PSHG), and AGCO (AGCO), each with recent financial performance data indicating varying degrees of earnings and dividend yield changes.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 2:41 pm

Scotiabank analyst Phil Hardie has maintained a Sector Outperform rating on Brookfield Bus Partners (NYSE:BBU) and increased the price target from $26.5 to $28.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 6:14 pm

Brookfield Business Partners reported Q4 revenues of $13.405 billion, a decrease from $14.64 billion year-over-year. However, net income significantly improved to $1.42 billion, up from a net loss of $14 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:56 am

Earnings reports for February 2, 2024, include major companies across various sectors. Expectations include a mix of profits and losses, with significant revenues projected for companies like Exxon Mobil and Chevron. The diversity of sectors reporting may provide insights into broader economic trends.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 10:28 am

Brookfield Bus Partners (NYSE:BBU) is scheduled to release its quarterly earnings report on February 2, 2024, with an estimated EPS of $6.42. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. The company's stock performance has been generally negative over the last year, with a 1.58% decrease, indicating a bearish outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 3:00 pm

BMO Capital analyst Devin Dodge has maintained an Outperform rating on Brookfield Bus Partners (NYSE:BBU) and increased the price target from $28 to $30.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:52 pm

RBC Capital analyst Geoffrey Kwan has reinstated coverage on Brookfield Bus Partners (NYSE:BBU) with an Outperform rating and set a price target of $28.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:44 am

Brookfield Business Partners reported Q3 financial results and announced it received regulatory approval for the sale of Westinghouse. This news led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:32 pm

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