Transalta Corp (TAC)’s Market Momentum: Closing Strong at 13.58, Down -0.80

Ulysses Smith

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As of close of business last night, Transalta Corp’s stock clocked out at $13.58, down -0.80% from its previous closing price of $13.69. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 0.93 million shares were traded. TAC stock price reached its highest trading level at $13.76 during the session, while it also had its lowest trading level at $13.52.

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 19.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 2.88 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 4029186048 and an Enterprise Value of 9253185536. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 9.47. Its current Enterprise Value per Revenue stands at 3.725 whereas that against EBITDA is 12.159.

Stock Price History:

The Beta on a monthly basis for TAC is 0.74, which has changed by -0.019340992 over the last 52 weeks, in comparison to a change of 0.16081822 over the same period for the S&P500. Over the past 52 weeks, TAC has reached a high of $17.88, while it has fallen to a 52-week low of $7.82. The 50-Day Moving Average of the stock is -12.07%, while the 200-Day Moving Average is calculated to be 13.31%.

Shares Statistics:

It appears that TAC traded 1.95M shares on average per day over the past three months and 1217700 shares per day over the past ten days. A total of 296.70M shares are outstanding, with a floating share count of 295.16M. Insiders hold about 0.52% of the company’s shares, while institutions hold 84.57% stake in the company. Shares short for TAC as of 1764288000 were 2997947 with a Short Ratio of 1.54, compared to 1761868800 on 3110878. Therefore, it implies a Short% of Shares Outstanding of 2997947 and a Short% of Float of 1.01.

Dividends & Splits

With its trailing 12-month dividend rate of 0.25, TAC has a forward annual dividend rate of 0.18. Against a Trailing Annual Dividend Yield of 0.018261505. The stock’s 5-year Average Dividend Yield is 1.67.

Earnings Estimates

The firm’s stock currently is rated by 2.0 analysts.

Analysts are recommending an EPS of between -$0.12 and -$0.43 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is $0.41, with 3.0 analysts recommending between $0.56 and $0.31.

Revenue Estimates

A total of 2 analysts have provided revenue estimates for TAC’s current fiscal year. The highest revenue estimate was $2.73B, while the lowest revenue estimate was $2.48B, 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 $2.15B in the next fiscal year. The high estimate is $2.28B and the low estimate is $1.99B.

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