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TransAlta (TAC) Competitors

TransAlta logo
$13.85 -0.06 (-0.43%)
(As of 12/20/2024 05:31 PM ET)

TAC vs. LNT, WES, EVRG, AGR, EBR, WTRG, SBS, DTM, KEP, and KNTK

Should you be buying TransAlta stock or one of its competitors? The main competitors of TransAlta include Alliant Energy (LNT), Western Midstream Partners (WES), Evergy (EVRG), Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Essential Utilities (WTRG), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), DT Midstream (DTM), Korea Electric Power (KEP), and Kinetik (KNTK). These companies are all part of the "utilities" industry.

TransAlta vs.

TransAlta (NYSE:TAC) and Alliant Energy (NASDAQ:LNT) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their valuation, media sentiment, risk, analyst recommendations, profitability, institutional ownership, dividends, community ranking and earnings.

Alliant Energy has a net margin of 16.66% compared to TransAlta's net margin of 5.72%. TransAlta's return on equity of 17.46% beat Alliant Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
TransAlta5.72% 17.46% 1.84%
Alliant Energy 16.66%10.56%3.31%

TransAlta has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. Comparatively, Alliant Energy has a beta of 0.59, indicating that its share price is 41% less volatile than the S&P 500.

TransAlta pays an annual dividend of $0.17 per share and has a dividend yield of 1.2%. Alliant Energy pays an annual dividend of $1.92 per share and has a dividend yield of 3.3%. TransAlta pays out 45.9% of its earnings in the form of a dividend. Alliant Energy pays out 74.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Alliant Energy has increased its dividend for 21 consecutive years. Alliant Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

TransAlta received 259 more outperform votes than Alliant Energy when rated by MarketBeat users. Likewise, 55.47% of users gave TransAlta an outperform vote while only 36.14% of users gave Alliant Energy an outperform vote.

CompanyUnderperformOutperform
TransAltaOutperform Votes
289
55.47%
Underperform Votes
232
44.53%
Alliant EnergyOutperform Votes
30
36.14%
Underperform Votes
53
63.86%

Alliant Energy has higher revenue and earnings than TransAlta. Alliant Energy is trading at a lower price-to-earnings ratio than TransAlta, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TransAlta$2.79B1.48$514.86M$0.3737.43
Alliant Energy$3.97B3.81$703M$2.5822.85

In the previous week, Alliant Energy had 5 more articles in the media than TransAlta. MarketBeat recorded 11 mentions for Alliant Energy and 6 mentions for TransAlta. Alliant Energy's average media sentiment score of 1.12 beat TransAlta's score of 0.92 indicating that Alliant Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TransAlta
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Alliant Energy
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

59.0% of TransAlta shares are held by institutional investors. Comparatively, 79.9% of Alliant Energy shares are held by institutional investors. 13.1% of TransAlta shares are held by company insiders. Comparatively, 0.3% of Alliant Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Alliant Energy has a consensus target price of $63.39, indicating a potential upside of 7.53%. Given Alliant Energy's higher probable upside, analysts plainly believe Alliant Energy is more favorable than TransAlta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TransAlta
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00
Alliant Energy
0 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

Summary

Alliant Energy beats TransAlta on 13 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TAC vs. The Competition

MetricTransAltaElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$4.13B$13.89B$13.85B$19.18B
Dividend Yield1.24%4.51%4.11%3.60%
P/E Ratio37.4314.8795.3641.24
Price / Sales1.488,149.6523.3317.60
Price / Cash4.628.7318.3821.28
Price / Book8.012.122.205.32
Net Income$514.86M$666.62M$632.94M$989.88M
7 Day Performance3.44%-1.38%-1.92%-3.54%
1 Month Performance26.83%0.95%-2.58%-3.68%
1 Year Performance70.04%36.12%1.52%12.14%

TransAlta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TAC
TransAlta
2.3209 of 5 stars
$13.85
-0.4%
N/A+72.0%$4.13B$2.79B37.431,257Analyst Downgrade
News Coverage
High Trading Volume
LNT
Alliant Energy
4.3393 of 5 stars
$60.35
-0.2%
$63.39
+5.0%
+17.3%$15.49B$4.03B23.433,281Positive News
WES
Western Midstream Partners
2.4505 of 5 stars
$39.23
-1.3%
$37.88
-3.5%
+38.1%$14.93B$3.11B10.141,377Positive News
EVRG
Evergy
3.0442 of 5 stars
$61.67
-0.4%
$61.88
+0.3%
+20.3%$14.18B$5.78B16.714,658Positive News
AGR
Avangrid
3.3474 of 5 stars
$35.71
+0.3%
$34.67
-2.9%
+12.1%$13.82B$8.31B12.237,999News Coverage
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.0352 of 5 stars
$5.84
-1.0%
N/A-30.3%$13.44B$38.08B0.008,328News Coverage
WTRG
Essential Utilities
4.6269 of 5 stars
$38.76
+0.2%
$44.00
+13.5%
-0.8%$10.64B$2.05B19.353,258Analyst Revision
Positive News
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
1.6568 of 5 stars
$14.65
-0.7%
N/A-3.0%$10.01B$5.12B5.7511,170Analyst Upgrade
Positive News
DTM
DT Midstream
3.963 of 5 stars
$99.64
-0.3%
$84.78
-14.9%
+88.5%$9.68B$976M24.48360Analyst Upgrade
News Coverage
Positive News
KEP
Korea Electric Power
1.8069 of 5 stars
$7.53
+1.5%
N/A+1.0%$9.67B$91.66T3.4448,696News Coverage
Gap Down
KNTK
Kinetik
2.599 of 5 stars
$56.44
-0.7%
$49.00
-13.2%
+73.0%$8.89B$1.45B20.73200Analyst Forecast

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This page (NYSE:TAC) was last updated on 12/21/2024 by MarketBeat.com Staff
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