Quarterly Metrics: Quick and Current Ratios for Transalta Corp (TAC)

Abby Carey

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As of close of business last night, Transalta Corp’s stock clocked out at $17.04, up 1.85% from its previous closing price of $16.73. In other words, the price has increased by $1.85 from its previous closing price. On the day, 2.78 million shares were traded. TAC stock price reached its highest trading level at $17.35 during the session, while it also had its lowest trading level at $16.93.

Ratios:

To gain a deeper understanding of TAC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.52. 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 5051505152 and an Enterprise Value of 10365656064. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.82 while its Price-to-Book (P/B) ratio in mrq is 10.82. Its current Enterprise Value per Revenue stands at 4.135 whereas that against EBITDA is 12.672.

Stock Price History:

The Beta on a monthly basis for TAC is 0.73, which has changed by 0.621313 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, TAC has reached a high of $17.69, while it has fallen to a 52-week low of $7.82. The 50-Day Moving Average of the stock is 28.53%, while the 200-Day Moving Average is calculated to be 51.21%.

Shares Statistics:

It appears that TAC traded 1.43M shares on average per day over the past three months and 3038850 shares per day over the past ten days. A total of 296.40M shares are outstanding, with a floating share count of 294.54M. Insiders hold about 0.63% of the company’s shares, while institutions hold 81.28% stake in the company. Shares short for TAC as of 1759190400 were 6490885 with a Short Ratio of 4.55, compared to 1756425600 on 8126328. Therefore, it implies a Short% of Shares Outstanding of 6490885 and a Short% of Float of 2.19.

Dividends & Splits

With its trailing 12-month dividend rate of 0.245, TAC has a forward annual dividend rate of 0.18. Against a Trailing Annual Dividend Yield of 0.014644352. The stock’s 5-year Average Dividend Yield is 1.7.

Earnings Estimates

At present, 4.0 analysts are actively evaluating the performance of Transalta Corp (TAC) in the stock market.The consensus estimate for the next quarter is $0.13, with high estimates of $0.21 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.65 and $0.0 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.25, with 6.0 analysts recommending between $0.38 and $0.1.

Revenue Estimates

A total of 4 analysts have provided revenue estimates for TAC’s current fiscal year. The highest revenue estimate was $2.75B, while the lowest revenue estimate was $2.52B, resulting in an average revenue estimate of $2.64B. In the same quarter a year ago, actual revenue was $2.85BBased on 4 analysts’ estimates, the company’s revenue will be $2.14B in the next fiscal year. The high estimate is $2.33B and the low estimate is $1.93B.

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