Q1 Earnings Estimate for TC Energy Issued By Atb Cap Markets

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Analysts at Atb Cap Markets lowered their Q1 2025 EPS estimates for TC Energy in a note issued to investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will earn $0.95 per share for the quarter, down from their prior estimate of $1.01. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share.

Other equities research analysts have also issued research reports about the stock. TD Securities upped their price objective on shares of TC Energy from C$73.00 to C$74.00 and gave the company a "buy" rating in a report on Monday, April 21st. CIBC upped their price objective on shares of TC Energy from C$70.00 to C$71.00 and gave the company a "neutral" rating in a report on Thursday. Jefferies Financial Group increased their target price on shares of TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. Citigroup raised shares of TC Energy to a "hold" rating in a research note on Friday, April 4th. Finally, Veritas raised shares of TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$73.42.

TC Energy Trading Up 0.8 %

Shares of TRP traded up C$0.54 during mid-day trading on Friday, reaching C$69.40. The stock had a trading volume of 8,994,645 shares, compared to its average volume of 6,747,297. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. TC Energy has a 52-week low of C$44.29 and a 52-week high of C$70.97. The business's fifty day moving average is C$66.81 and its 200 day moving average is C$66.73. The firm has a market cap of C$71.57 billion, a price-to-earnings ratio of 13.80, a P/E/G ratio of 1.69 and a beta of 0.82.

Insider Activity at TC Energy

In related news, Director David Brast purchased 1,475 shares of the business's stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average cost of C$63.98 per share, for a total transaction of C$94,367.85. Also, Director Francois Lionel Poirier acquired 4,800 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was bought at an average price of C$65.05 per share, with a total value of C$312,239.52. Over the last 90 days, insiders have bought 13,287 shares of company stock valued at $842,568 and have sold 145,977 shares valued at $9,810,511. 0.03% of the stock is owned by corporate insiders.

TC Energy Company Profile

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.