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After finishing at $49.59 in the prior trading day, TC Energy Corporation (NYSE: TRP) closed at $50.04, up 0.91%. In other words, the price has increased by $0.91 from its previous closing price. On the day, 1.63 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TRP 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 38.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.64. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 2.09.
Valuation Measures:
As of this moment, TC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.50, and their Forward P/E ratio for the next fiscal year is 17.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.67 while its Price-to-Book (P/B) ratio in mrq is 2.97.
Stock Price History:
Over the past 52 weeks, TRP has reached a high of $51.99, while it has fallen to a 52-week low of $33.78. The 50-Day Moving Average of the stock is 1.47%, while the 200-Day Moving Average is calculated to be 6.57%.
Shares Statistics:
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 75.73% stake in the company.
Earnings Estimates
The market rating of TC Energy Corporation (TRP) is currently shaped by the ongoing analysis conducted by 15.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.83, with high estimates of $0.95 and low estimates of $0.62.
Analysts are recommending an EPS of between $3.85 and $3.21 for the fiscal current year, implying an average EPS of $3.6. EPS for the following year is $3.91, with 21.0 analysts recommending between $4.41 and $3.39.
Revenue Estimates
4 analysts predict $3.53B in revenue for the current quarter. It ranges from a high estimate of $3.59B to a low estimate of $3.49B. As of the current estimate, TC Energy Corporation’s year-ago sales were $4.08BFor the next quarter, 4 analysts are estimating revenue of $3.73B. There is a high estimate of $3.76B for the next quarter, whereas the lowest estimate is $3.7B.
A total of 11 analysts have provided revenue estimates for TRP’s current fiscal year. The highest revenue estimate was $15.26B, while the lowest revenue estimate was $14.51B, resulting in an average revenue estimate of $14.9B. In the same quarter a year ago, actual revenue was $13.77BBased on 11 analysts’ estimates, the company’s revenue will be $15.88B in the next fiscal year. The high estimate is $16.71B and the low estimate is $15.16B.
