TransAlta Co. (TSE:TA - Free Report) NYSE: TAC - Equities research analysts at Atb Cap Markets cut their Q3 2025 earnings estimates for shares of TransAlta in a note issued to investors on Tuesday, August 5th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.18 per share for the quarter, down from their previous forecast of $0.24. Atb Cap Markets also issued estimates for TransAlta's Q4 2025 earnings at $0.13 EPS, FY2025 earnings at $0.55 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.17 EPS, FY2026 earnings at $0.57 EPS and FY2027 earnings at $0.42 EPS.
TA has been the topic of several other reports. CIBC raised their price target on TransAlta from C$18.50 to C$20.00 in a research report on Thursday, July 10th. Royal Bank Of Canada reduced their price target on TransAlta from C$23.00 to C$20.00 and set an "outperform" rating on the stock in a research report on Thursday, May 8th. Scotiabank upgraded TransAlta from a "hold" rating to a "strong-buy" rating and raised their price target for the stock from C$16.00 to C$20.00 in a research report on Friday, July 18th. ATB Capital raised their price target on TransAlta from C$18.00 to C$20.00 and gave the stock an "outperform" rating in a research report on Tuesday. Finally, Jefferies Financial Group upgraded TransAlta from a "hold" rating to a "buy" rating and lifted their price objective for the stock from C$12.00 to C$20.00 in a research report on Thursday, June 12th. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$19.22.
View Our Latest Stock Analysis on TransAlta
TransAlta Price Performance
TSE TA traded up C$0.12 during trading hours on Thursday, hitting C$16.63. The company had a trading volume of 1,838,420 shares, compared to its average volume of 1,871,473. TransAlta has a 52 week low of C$10.95 and a 52 week high of C$21.22. The firm has a 50 day simple moving average of C$15.51 and a 200 day simple moving average of C$14.30. The company has a debt-to-equity ratio of 229.66, a quick ratio of 0.62 and a current ratio of 0.74. The firm has a market capitalization of C$4.99 billion, a price-to-earnings ratio of 23.70, a PEG ratio of -0.07 and a beta of 0.93.
About TransAlta
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TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company's revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.
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