Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
TC Energy Corporation (NYSE: TRP) closed the day trading at $46.17 down -1.54% from the previous closing price of $46.89. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 2.35 million shares were traded. TRP stock price reached its highest trading level at $46.73 during the session, while it also had its lowest trading level at $45.97.
Ratios:
For a better understanding of TRP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 2.38 whereas as Long-Term Debt/Eq ratio is at 2.22.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRP now has a Market Capitalization of 47924457472 and an Enterprise Value of 126055997440. As of this moment, TC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.81, and their Forward P/E ratio for the next fiscal year is 17.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.14 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 7.572 whereas that against EBITDA is 12.959.
Stock Price History:
The Beta on a monthly basis for TRP is 0.86, which has changed by 0.19025517 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, TRP has reached a high of $50.37, while it has fallen to a 52-week low of $31.84. The 50-Day Moving Average of the stock is -3.18%, while the 200-Day Moving Average is calculated to be 13.07%.
Shares Statistics:
Over the past 3-months, TRP traded about 2.01M shares per day on average, while over the past 10 days, TRP traded about 2210480 shares per day. A total of 1.04B shares are outstanding, with a floating share count of 1.04B. Insiders hold about 0.13% of the company’s shares, while institutions hold 76.72% stake in the company. Shares short for TRP as of 1735603200 were 48414613 with a Short Ratio of 5.79, compared to 1732838400 on 11611624.
Dividends & Splits
TRP’s forward annual dividend rate is 2.51, up from 3.81 a year ago. Against a Trailing Annual Dividend Yield of 0.081254The stock’s 5-year Average Dividend Yield is 6.02. The current Payout Ratio is 135.44% for TRP, which recently paid a dividend on 2024-09-27 with an ex-dividend date of 1735603200. Stock splits for the company last occurred on 1984-02-13 when the company split stock in a 2:1 ratio.
