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In the latest session, Transalta Corp (NYSE: TAC) closed at $13.86 up 1.61% from its previous closing price of $13.64. In other words, the price has increased by $1.61 from its previous closing price. On the day, 1.37 million shares were traded. TAC stock price reached its highest trading level at $13.895 during the session, while it also had its lowest trading level at $13.475.
Ratios:
For a deeper understanding of Transalta Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.28.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TAC now has a Market Capitalization of 4108794368 and an Enterprise Value of 9423104000. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 8.80. Its current Enterprise Value per Revenue stands at 3.759 whereas that against EBITDA is 11.52.
Stock Price History:
The Beta on a monthly basis for TAC is 0.77, which has changed by 0.35616434 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, TAC has reached a high of $14.64, while it has fallen to a 52-week low of $7.82. The 50-Day Moving Average of the stock is 11.97%, while the 200-Day Moving Average is calculated to be 24.27%.
Shares Statistics:
For the past three months, TAC has traded an average of 1.15M shares per day and 1161660 over the past ten days. A total of 296.40M shares are outstanding, with a floating share count of 294.59M. Insiders hold about 0.61% of the company’s shares, while institutions hold 82.09% stake in the company. Shares short for TAC as of 1756425600 were 8126328 with a Short Ratio of 7.05, compared to 1753920000 on 5142035. Therefore, it implies a Short% of Shares Outstanding of 8126328 and a Short% of Float of 2.75.
Dividends & Splits
According to the company, the forward annual dividend rate for TAC is 0.18, from 0.245 in the trailing year. Against a Trailing Annual Dividend Yield of 0.017961876. The stock’s 5-year Average Dividend Yield is 1.71.
Earnings Estimates
The stock of Transalta Corp (TAC) is currently drawing attention from 3.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.1, with high estimates of $0.15 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.69 and $0.04 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $0.24, with 5.0 analysts recommending between $0.4 and $0.1.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for TAC’s current fiscal year. The highest revenue estimate was $2.73B, while the lowest revenue estimate was $2.52B, resulting in an average revenue estimate of $2.61B. In the same quarter a year ago, actual revenue was $2.85BBased on 3 analysts’ estimates, the company’s revenue will be $2.12B in the next fiscal year. The high estimate is $2.33B and the low estimate is $1.93B.