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TC Energy (TRP)
NYSE:TRP
TC Energy (TRP) Stock Price & Analysis
1,716 Followers
TRP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$31.27 - $40.52
Previous Close$38.94
Volume1.39M
Average Volume (3M)3.61M
Market Cap
$40.42B
Enterprise Value$92.05B
Total Cash (Recent Filing)C$3.19B
Total Debt (Recent Filing)C$64.57B
Price to Earnings (P/E)20.1
Beta0.82
Next Earnings
Jul 25, 2024EPS Estimate
$0.64Next Dividend Ex-Date
Jun 28, 2024Dividend Yield7.14%
Share Statistics
EPS (TTM)1.94
Shares Outstanding1,037,000,000
10 Day Avg. Volume3,430,151
30 Day Avg. Volume3,611,687
Standard Deviation0.07
R-Squared0.39
Alpha-0.00659
Financial Highlights & Ratios
Price to Book (P/B)3.77
Price to Sales (P/S)2.53
Price to Cash Flow (P/CF)6.80
P/FCF Ratio14.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$42.41Price Target Upside9.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
TC Energy News
PremiumCompany Announcements
TC Energy Shareholders Greenlight South Bow Spinoff
PremiumCompany Announcements
TC Energy Contests Court’s Liability RulingPremiumCompany Announcements
TC Energy Challenges Court’s Liability Ruling
PremiumCompany Announcements
TC Energy Announces Upcoming Quarterly DividendsBulls Say, Bears Say
Bulls Say
EarningsFY24 EBITDA estimate has been raised above consensus, indicating potential for financial performance to exceed market expectations.
Financial PerformanceUnderlying performance in 1Q24 was better than expected with Power and Liquids segments driving a modest beat versus estimates.
Segment PerformanceThe Power segment exceeded forecasts, mainly due to better than expected gas storage benefits in Alberta.
Bears Say
Asset Base And LeverageThe narrow asset base, lower growth and relatively higher leverage will likely weigh on valuation.
Execution RiskDespite some positive financial results, the analyst maintains a Sell rating due to a high level of execution risk moving forward.
ValuationDespite recent underperformance in stock price, valuation is still considered stretched which supports the Sell rating.
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Ownership Overview
0.27% Insiders
21.94% Mutual Funds
45.47% Other Institutional Investors
32.32% 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 $31.27 and its highest was $40.52 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 40 days.
How were TC Energy’s earnings last quarter?
TC Energy released its earnings results on May 03, 2024. The company reported $0.902 earnings per share for the quarter, beating the consensus estimate of $0.838 by $0.064.
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 $0.7 which represents an annual dividend yield of 7.14%. See more information on TC Energy dividends here
What is TC Energy’s EPS estimate?
TC Energy’s EPS estimate is $0.64.
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 $0.902 in its last earnings report, beating expectations of $0.838. Following the earnings report the stock price went up 3.323%.
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 477M.
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TC Energy Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$42.41 (9.45% Upside)
$42.41 (9.45% Upside)
Blogger Sentiment
Bullish
TRP Sentiment 66%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $366.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.29%
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
$42.41
▲(9.45% Upside)
Technical Analysis
Best Analysts Covering TRP
1 Year
1 Year Success Rate
19/30 ratings generated profit
1 Year Average Return
+4.75%
reiterated a buy rating last month
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 +4.75% per trade.
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