Closing Figures: Transalta Corp (TAC)’s Negative Finish at 12.72, Down -0.93

Nora Barnes

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

After finishing at $12.84 in the prior trading day, Transalta Corp (NYSE: TAC) closed at $12.72, down -0.93%. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 1.07 million shares were traded. TAC stock price reached its highest trading level at $12.855 during the session, while it also had its lowest trading level at $12.625.

Ratios:

Our goal is to gain a better understanding of TAC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.16. 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 3774024192 and an Enterprise Value of 8998024192. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13 while its Price-to-Book (P/B) ratio in mrq is 8.87. Its current Enterprise Value per Revenue stands at 3.622 whereas that against EBITDA is 11.824.

Stock Price History:

The Beta on a monthly basis for TAC is 0.73, which has changed by -0.092579484 over the last 52 weeks, in comparison to a change of 0.17823458 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 -14.51%, while the 200-Day Moving Average is calculated to be 4.99%.

Shares Statistics:

The stock has traded on average 2.01M shares per day over the past 3-months and 1373700 shares per day over the last 10 days, according to various share statistics. A total of 296.70M shares are outstanding, with a floating share count of 295.15M. Insiders hold about 0.52% of the company’s shares, while institutions hold 84.56% stake in the company. Shares short for TAC as of 1765756800 were 2982853 with a Short Ratio of 1.48, compared to 1763078400 on 3946101. Therefore, it implies a Short% of Shares Outstanding of 2982853 and a Short% of Float of 1.01.

Dividends & Splits

In the trailing 12 months, TAC’s forward annual dividend rate was 0.25, compared to 0.18 this year. Against a Trailing Annual Dividend Yield of 0.019470405. The stock’s 5-year Average Dividend Yield is 1.67.

Earnings Estimates

Its stock is currently analyzed by 2.0 different market 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.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.