TC Energy Co. (TSE:TRP – Free Report) (NYSE:TRP) – Scotiabank cut their FY2027 earnings per share (EPS) estimates for TC Energy in a report issued on Friday, September 25th. Scotiabank analyst R. Hope now expects that the company will post earnings of $3.98 per share for the year, down from their previous estimate of $3.99. Scotiabank currently has a “Sector Outperform” rating and a $105.00 price target on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.
A number of other analysts have also issued reports on the stock. National Bank Financial lifted their price target on shares of TC Energy from C$102.00 to C$103.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. US Capital Advisors upgraded shares of TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Thursday, August 20th. ATB Cormark Capital Markets raised their price objective on shares of TC Energy from C$98.00 to C$100.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. Royal Bank Of Canada raised shares of TC Energy to a “moderate buy” rating in a research report on Friday, September 11th. Finally, Morgan Stanley lowered shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 target price on the stock. in a research note on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$95.64.
TC Energy Stock Performance
Shares of TRP opened at C$82.70 on Tuesday. The firm has a market cap of C$86.15 billion, a price-to-earnings ratio of 24.76, a PEG ratio of 1.69 and a beta of 0.68. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 229.63. The business’s 50 day moving average is C$88.31 and its two-hundred day moving average is C$90.59. TC Energy has a 52-week low of C$69.41 and a 52-week high of C$100.18.
TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) last issued its quarterly earnings data on Thursday, July 30th. The company reported C$0.94 earnings per share for the quarter. TC Energy had a return on equity of 13.07% and a net margin of 22.46%.The firm had revenue of C$3.96 billion during the quarter.
About TC Energy
We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. For over 75 years, we have proudly connected the world to the energy it needs. Every day, we move more than 30 per cent of the natural gas used across the continent and connect LNG exports to global markets-powering communities and industries. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure delivers affordable, reliable and sustainable energy across North America.
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