Key Points
- Insider selling: Director Jane Nyla Fedoretz sold a total of 34,500 TransAlta shares in March for approximately C$609,900, including a 5,000‑share sale on Mar. 30 that left her with 91,453 shares (a 5.18% reduction at that time).
- Financials and valuation: TransAlta reported a quarterly EPS of C($0.06) on C$712M revenue, trades around C$18 with a 52‑week range of C$11.16–C$25.03, and carries high leverage (debt‑to‑equity 320.51).
- Analyst stance: Analysts are mostly positive—seven Buys and one Hold—giving a consensus "Moderate Buy" and an average price target of C$24.25, with several recent target increases.
TransAlta Co. (TSE:TA - Get Free Report) (NYSE:TAC) insider Jane Nyla Fedoretz sold 5,000 shares of the stock in a transaction dated Monday, March 30th. The stock was sold at an average price of C$17.66, for a total transaction of C$88,300.00. Following the completion of the transaction, the insider directly owned 91,453 shares of the company's stock, valued at C$1,615,059.98. This trade represents a 5.18% decrease in their position.
Jane Nyla Fedoretz also recently made the following trade(s):
- On Tuesday, March 31st, Jane Nyla Fedoretz sold 7,000 shares of TransAlta stock. The shares were sold at an average price of C$18.15, for a total transaction of C$127,050.00.
- On Tuesday, March 24th, Jane Nyla Fedoretz sold 10,000 shares of TransAlta stock. The stock was sold at an average price of C$17.45, for a total transaction of C$174,500.00.
- On Tuesday, March 24th, Jane Nyla Fedoretz sold 7,500 shares of TransAlta stock. The shares were sold at an average price of C$17.70, for a total transaction of C$132,750.00.
- On Thursday, March 12th, Jane Nyla Fedoretz sold 5,000 shares of TransAlta stock. The shares were sold at an average price of C$17.46, for a total transaction of C$87,300.00.
TransAlta Stock Performance
TSE TA opened at C$18.29 on Wednesday. The firm's fifty day moving average price is C$17.79 and its two-hundred day moving average price is C$19.18. The stock has a market cap of C$5.43 billion, a PE ratio of -28.58, a PEG ratio of -0.07 and a beta of 0.49. TransAlta Co. has a fifty-two week low of C$11.16 and a fifty-two week high of C$25.03. The company has a debt-to-equity ratio of 320.51, a quick ratio of 0.62 and a current ratio of 0.73.
TransAlta (TSE:TA - Get Free Report) (NYSE:TAC) last announced its quarterly earnings results on Friday, February 27th. The company reported C($0.06) EPS for the quarter. The firm had revenue of C$712.00 million during the quarter. TransAlta had a negative net margin of 5.74% and a negative return on equity of 8.84%.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on TA shares. TD Securities lifted their price target on TransAlta from C$26.00 to C$27.00 and gave the company a "buy" rating in a research note on Wednesday, December 10th. Canadian Imperial Bank of Commerce upped their price objective on TransAlta from C$25.00 to C$26.00 in a research note on Wednesday, December 17th. ATB Cormark Capital Markets raised their price objective on shares of TransAlta from C$27.00 to C$28.00 and gave the company an "outperform" rating in a report on Tuesday, March 24th. Desjardins cut their target price on shares of TransAlta from C$19.00 to C$18.00 and set a "hold" rating on the stock in a research report on Tuesday, February 10th. Finally, National Bank Financial raised shares of TransAlta from a "hold" rating to an "outperform" rating and set a C$22.00 target price on the stock in a report on Tuesday, March 24th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$24.25.
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TransAlta Company Profile
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TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with affordable, energy efficient and reliable power. Today, TransAlta is one of Canada's largest producers of wind power and Alberta's largest producer of thermal generation and hydro-electric power. For over 114 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live.
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