TAC vs. WES, LNT, EVRG, AGR, EBR, DTM, SBS, KNTK, WTRG, and KEP
Should you be buying TransAlta stock or one of its competitors? The main competitors of TransAlta include Western Midstream Partners (WES), Alliant Energy (LNT), Evergy (EVRG), Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), DT Midstream (DTM), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Kinetik (KNTK), Essential Utilities (WTRG), and Korea Electric Power (KEP). These companies are all part of the "utilities" industry.
TransAlta vs.
TransAlta (NYSE:TAC) and Western Midstream Partners (NYSE:WES) are both utilities companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, institutional ownership, community ranking, valuation, earnings, risk, dividends, profitability and analyst recommendations.
Western Midstream Partners has a consensus price target of $37.88, indicating a potential downside of 8.73%. Given Western Midstream Partners' higher possible upside, analysts plainly believe Western Midstream Partners is more favorable than TransAlta.
In the previous week, TransAlta and TransAlta both had 4 articles in the media. TransAlta's average media sentiment score of 0.97 beat Western Midstream Partners' score of 0.77 indicating that TransAlta is being referred to more favorably in the media.
TransAlta pays an annual dividend of $0.18 per share and has a dividend yield of 1.3%. Western Midstream Partners pays an annual dividend of $3.50 per share and has a dividend yield of 8.4%. TransAlta pays out 48.6% of its earnings in the form of a dividend. Western Midstream Partners pays out 89.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
59.0% of TransAlta shares are owned by institutional investors. Comparatively, 84.8% of Western Midstream Partners shares are owned by institutional investors. 13.1% of TransAlta shares are owned by insiders. Comparatively, 0.0% of Western Midstream Partners shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Western Midstream Partners has a net margin of 42.99% compared to TransAlta's net margin of 5.72%. Western Midstream Partners' return on equity of 46.02% beat TransAlta's return on equity.
Western Midstream Partners received 304 more outperform votes than TransAlta when rated by MarketBeat users. Likewise, 68.59% of users gave Western Midstream Partners an outperform vote while only 55.24% of users gave TransAlta an outperform vote.
TransAlta has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Western Midstream Partners has a beta of 2.9, meaning that its stock price is 190% more volatile than the S&P 500.
Western Midstream Partners has higher revenue and earnings than TransAlta. Western Midstream Partners is trading at a lower price-to-earnings ratio than TransAlta, indicating that it is currently the more affordable of the two stocks.
Summary
Western Midstream Partners beats TransAlta on 14 of the 20 factors compared between the two stocks.
Get TransAlta News Delivered to You Automatically
Sign up to receive the latest news and ratings for TAC and its competitors with MarketBeat's FREE daily newsletter.
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.
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.
TransAlta Competitors List
Related Companies and Tools
This page (NYSE:TAC) was last updated on 1/21/2025 by MarketBeat.com Staff
Free TAC Stock Alerts