Q1 Earnings Forecast for TransAlta Issued By Atb Cap Markets

TransAlta Co. (TSE:TA - Free Report) NYSE: TAC - Investment analysts at Atb Cap Markets cut their Q1 2025 earnings per share (EPS) estimates for shares of TransAlta in a research note issued on Thursday, February 20th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.22 per share for the quarter, down from their prior forecast of $0.27. Atb Cap Markets also issued estimates for TransAlta's Q4 2025 earnings at $0.12 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.17 EPS, Q4 2026 earnings at $0.15 EPS and FY2026 earnings at $0.53 EPS.

TA has been the subject of several other research reports. Desjardins raised their target price on TransAlta from C$15.50 to C$16.00 and gave the stock a "hold" rating in a research note on Wednesday, December 18th. BMO Capital Markets raised their target price on TransAlta from C$17.00 to C$22.00 in a research note on Monday, December 16th. Royal Bank of Canada raised their target price on TransAlta from C$14.00 to C$16.00 in a research note on Wednesday, November 6th. Scotiabank downgraded TransAlta from an "outperform" rating to a "sector perform" rating and raised their target price for the stock from C$19.00 to C$21.00 in a research note on Thursday, January 30th. Finally, Cibc World Mkts upgraded TransAlta from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$18.36.

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TransAlta Stock Performance

Shares of TA stock traded down C$0.72 on Monday, hitting C$14.69. 3,539,764 shares of the stock were exchanged, compared to its average volume of 2,307,112. The company has a current ratio of 0.74, a quick ratio of 0.62 and a debt-to-equity ratio of 229.66. The firm has a market capitalization of C$4.41 billion, a PE ratio of 20.94, a P/E/G ratio of -0.07 and a beta of 0.93. TransAlta has a one year low of C$8.22 and a one year high of C$21.22. The firm's 50 day moving average is C$17.88 and its two-hundred day moving average is C$15.35.

Insider Transactions at TransAlta

In related news, Senior Officer Jane Nyla Fedoretz sold 3,602 shares of TransAlta stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$18.84, for a total transaction of C$67,861.68. Also, Director John Harry Kousinioris sold 45,000 shares of TransAlta stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$17.67, for a total value of C$795,150.00. In the last three months, insiders have sold 101,781 shares of company stock worth $1,916,772. 0.21% of the stock is currently owned by insiders.

About TransAlta

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.