Key Points
- TC Energy director Trevor Ebl sold 5,000 shares on May 15 at an average price of C$93.45, for total proceeds of C$467,250.
- The stock has been trading near its 52-week high, opening at C$95.45 versus a 52-week range of C$63.34 to C$95.90, while its market cap stands at C$99.44 billion.
- Analysts remain cautious overall: TC Energy has an average rating of “Hold” and an average target price of C$87.46, even as several firms recently nudged their price targets higher.
TC Energy Co. (TSE:TRP - Get Free Report) (NYSE:TRP) Director Trevor Ebl sold 5,000 shares of the business's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of C$93.45, for a total value of C$467,250.00.
TC Energy Price Performance
TRP opened at C$95.45 on Wednesday. The company has a debt-to-equity ratio of 224.52, a quick ratio of 0.40 and a current ratio of 0.65. TC Energy Co. has a 52-week low of C$63.34 and a 52-week high of C$95.90. The stock has a market capitalization of C$99.44 billion, a PE ratio of 29.92, a price-to-earnings-growth ratio of 1.69 and a beta of 0.76. The stock's 50 day moving average price is C$87.63 and its 200-day moving average price is C$81.36.
TC Energy (TSE:TRP - Get Free Report) (NYSE:TRP) last posted its earnings results on Friday, May 1st. The company reported C$0.99 earnings per share (EPS) for the quarter. TC Energy had a return on equity of 12.53% and a net margin of 21.83%.The firm had revenue of C$3.86 billion for the quarter. On average, equities research analysts predict that TC Energy Co. will post 3.5490515 EPS for the current year.
Wall Street Analyst Weigh In
TRP has been the topic of several recent research reports. TD upped their price target on TC Energy from C$88.00 to C$90.00 and gave the stock a "hold" rating in a research note on Monday, May 4th. Barclays upped their price target on TC Energy from C$88.00 to C$92.00 in a research note on Monday, May 4th. Citigroup upped their price target on TC Energy from C$86.00 to C$95.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 31st. National Bank Financial upped their price target on TC Energy from C$86.00 to C$92.00 and gave the stock an "outperform" rating in a research note on Monday, May 4th. Finally, TD Securities cut TC Energy from a "buy" rating to a "hold" rating and upped their price target for the stock from C$84.00 to C$88.00 in a research note on Tuesday, February 17th. Six investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, TC Energy has an average rating of "Hold" and an average target price of C$87.46.
View Our Latest Research Report on TC Energy
About TC Energy
(
Get Free Report)
TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system. The company also owns or has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.
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