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TC Energy (TSE:TRP)
TSX:TRP
TC Energy (TRP) Stock Price & Analysis
1,046 Followers
TRP Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$41.38 - C$55.01
Previous CloseC$52.8
Volume979.21K
Average Volume (3M)7.34M
Market Cap
C$54.81B
Enterprise ValueC$125.73B
Total Cash (Recent Filing)C$3.19B
Total Debt (Recent Filing)C$64.57B
Price to Earnings (P/E)20.1
Beta0.94
Next Earnings
Jul 25, 2024EPS Estimate
C$0.88Next Dividend Ex-Date
Jun 28, 2024Dividend Yield7.2%
Share Statistics
EPS (TTM)2.62
Shares Outstanding1,037,000,000
10 Day Avg. Volume3,779,883
30 Day Avg. Volume7,336,783
Standard Deviation0.06
R-Squared0.32
Alpha-0.00196
Financial Highlights & Ratios
Price to Book (P/B)3.71
Price to Sales (P/S)3.44
Price to Cash Flow (P/CF)6.70
P/FCF Ratio13.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$55.54Price Target Upside5.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
TC Energy News
PremiumCompany Announcements
TC Energy Announces Upcoming Quarterly Dividends
PremiumCompany Announcements
TC Energy Reports Robust Q1 2024 Financials
PremiumCompany Announcements
TC Energy Announces Quarterly Dividend Payouts
PremiumPress Releases
TC Energy declares quarterly dividendsBulls Say, Bears Say
Bulls Say
Company PerformanceAnalyst maintains an Overweight rating due to attractive valuation and potential EBITDA growth.
Financial StabilityTargeted asset sales of at least $3B are expected to improve TRP's debt to EBITDA ratio, enhancing financial stability.
Growth ProspectsThe company's growth projects, like the $1.1B Heartland project, are progressing on schedule.
Bears Say
Deleveraging RiskHigh execution risk on deleveraging remains a concern.
Earnings OutlookFor 2024, expect lower earnings given higher non-controlling interests, and the adjusted EBITDA growth projection is now at 2-5% year over year, a decrease from the prior 5-7% projection.
Valuation ConcernsDespite recent underperformance in stock price, valuation is still considered stretched which supports the Sell rating.
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Options Prices
Currently, No data available
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Ownership Overview
0.27% Insiders
21.87% Mutual Funds
24.25% Other Institutional Investors
53.61% Public Companies and Individual Investors
TRP FAQ
What was TC Energy’s price range in the past 12 months?
TC Energy lowest stock price was C$41.38 and its highest was C$55.01 in the past 12 months.
What is TC Energy’s market cap?
Currently, no data Available
When is TC Energy’s upcoming earnings report date?
TC Energy’s upcoming earnings report date is Jul 25, 2024 which is in 72 days.
How were TC Energy’s earnings last quarter?
TC Energy released its earnings results on May 03, 2024. The company reported C$1.24 earnings per share for the quarter, beating the consensus estimate of C$1.152 by C$0.088.
Is TC Energy overvalued?
According to Wall Street analysts TC Energy’s price is currently Undervalued.
Does TC Energy pay dividends?
TC Energy pays a Quarterly dividend of C$0.96 which represents an annual dividend yield of 7.2%. See more information on TC Energy dividends here
What is TC Energy’s EPS estimate?
TC Energy’s EPS estimate is C$0.88.
How many shares outstanding does TC Energy have?
TC Energy has 1,037,487,800 shares outstanding.
What happened to TC Energy’s price movement after its last earnings report?
TC Energy reported an EPS of C$1.24 in its last earnings report, beating expectations of C$1.152. Following the earnings report the stock price went up 3.272%.
Which hedge fund is a major shareholder of TC Energy?
Among the largest hedge funds holding TC Energy’s share is Dodge & Cox. It holds TC Energy’s shares valued at 464M.
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TC Energy Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$55.54 (5.13% Upside)
C$55.54 (5.13% Upside)
Blogger Sentiment
Bullish
TSE:TRP Sentiment 73%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $775.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.57%
12-Months-Change
Fundamentals
Return on Equity
8.68%
Trailing 12-Months
Asset Growth
7.41%
Trailing 12-Months
Company Description
TC Energy
Canada-based TC Energy Corporation is an energy infrastructure company. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage.
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TRP Company Deck
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TRP Earnings Call
Q1 2024
0:00 / 0:00
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TRP Stock 12 Month Forecast
Average Price Target
C$55.54
▲(5.13% Upside)
Technical Analysis
TC Energy
―
Enbridge
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Enterprise Products Partners
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Pembina Pipeline
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Energy Transfer
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Best Analysts Covering TRP
1 Year
1 Year Success Rate
19/30 ratings generated profit
1 Year Average Return
+4.93%
reiterated a buy rating 9 days ago
Copying Robert Hope's trades and holding each position for 1 Year would result in 63.33% of your transactions generating a profit, with an average return of +4.93% per trade.
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