FY2025 EPS Estimates for TC Energy Lowered by Analyst

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Analysts at National Bank Financial decreased their FY2025 earnings estimates for TC Energy in a research note issued on Monday, February 17th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $4.00 for the year, down from their prior forecast of $4.06. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share.

TRP has been the subject of a number of other reports. ATB Capital raised their price objective on TC Energy from C$64.00 to C$65.00 in a research report on Friday, November 8th. Wells Fargo & Company raised their price target on TC Energy from C$74.00 to C$76.00 in a report on Wednesday, November 20th. Scotiabank upped their price objective on shares of TC Energy from C$74.00 to C$75.00 in a report on Wednesday, November 20th. Royal Bank of Canada increased their price objective on shares of TC Energy from C$71.00 to C$74.00 in a research report on Tuesday. Finally, Veritas raised shares of TC Energy from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday. Six research analysts have rated the stock with a hold rating, five have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of C$73.25.

TC Energy Stock Performance

Shares of TRP stock traded down C$0.50 on Thursday, reaching C$63.98. The stock had a trading volume of 2,299,112 shares, compared to its average volume of 4,370,485. TC Energy has a 12 month low of C$43.83 and a 12 month high of C$70.32. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. The firm has a market capitalization of C$65.98 billion, a price-to-earnings ratio of 12.72, a P/E/G ratio of 1.69 and a beta of 0.82. The firm's 50-day moving average is C$66.77 and its two-hundred day moving average is C$64.91.

Insider Buying and Selling at TC Energy

In related news, Senior Officer Stanley G. Chapman Iii sold 267,435 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of C$66.51, for a total transaction of C$17,785,898.39. Also, Director Alexander (Alex) Oehler acquired 6,540 shares of the business's stock in a transaction on Monday, December 30th. The stock was acquired at an average cost of C$66.05 per share, for a total transaction of C$431,947.64. In the last 90 days, insiders acquired 12,865 shares of company stock worth $842,818 and sold 272,935 shares worth $18,128,828. 0.03% of the stock is currently owned by company insiders.

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.