CIBC Sticks to Its Buy Rating for Brookfield Business Partners (BBU)
TipRanks (Tue, 7-May 11:45 AM ET)
Brookfield Reports Minor Dip in Total Assets
TipRanks (Tue, 7-May 7:02 AM ET)
Brookfield Business Partners (BBU) Receives a Rating Update from a Top Analyst
TipRanks (Mon, 6-May 9:18 AM ET)
Brookfield Business Partners Q1 Financial Snapshot
TipRanks (Fri, 3-May 8:05 AM ET)
Brookfield’s Q1 Results Show Solid Operations
TipRanks (Fri, 3-May 8:05 AM ET)
Brookfield Business Partners L.P. declares $0.0625 dividend
Seeking Alpha News (Fri, 3-May 7:53 AM ET)
Brookfield Business Partners GAAP EPS of $0.23, revenue of $12.02M misses by $16.13B
Seeking Alpha News (Fri, 3-May 6:51 AM ET)
Brookfield Business Partners Reports First Quarter 2024 Results
Globe Newswire (Fri, 3-May 6:45 AM ET)
Brookfield Business Partners L.P. Q1 2024 Earnings Preview
Seeking Alpha News (Thu, 2-May 12:03 PM ET)
Notable earnings before Friday's open
Seeking Alpha News (Thu, 2-May 10:59 AM ET)
Brookfield Business Partners LP is a business services and industrials company. It focused on operating high-quality businesses that are either low-cost producers and benefit from high barriers to entry. The principal business services include construction services, residential real estate services, facilities management, road fuel distribution, and marketing. The industrial operations consist of oil and gas exploration and production, marine energy services, palladium and aggregates mining & others. The company clients are corporations and government agencies. The revenue is derived from the UK and Canada.
Brookfield Business Partners LP Limited Partnership Units trades on the NYSE stock market under the symbol BBU.
As of May 7, 2024, BBU stock price declined to $18.88 with 3,500 million shares trading.
BBU has a market cap of $1.52 billion. This is considered a Small Cap stock.
In the last 3 years, BBU stock traded as high as $51.98 and as low as $12.22.
BBU has underperformed the market in the last year with a price return of +11.6% while the SPY ETF gained +27.0%. BBU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.6% and -4.0%, respectively, while the SPY returned +5.0% and +3.5%, respectively.
BBU support price is $18.48 and resistance is $19.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBU stock will trade within this expected range on the day.