Q1 Earnings Forecast for TC Energy Issued By Atb Cap Markets

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Atb Cap Markets lowered their Q1 2025 EPS estimates for TC Energy in a research report issued on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will earn $0.95 per share for the quarter, down from their previous forecast of $1.01. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share.

A number of other equities research analysts have also weighed in on the stock. Veritas raised shares of TC Energy from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, February 18th. Citigroup upgraded TC Energy to a "hold" rating in a research note on Friday, April 4th. US Capital Advisors upgraded TC Energy from a "hold" rating to a "moderate buy" rating in a research report on Monday, February 3rd. TD Securities increased their price target on shares of TC Energy from C$73.00 to C$74.00 and gave the stock a "buy" rating in a report on Monday, April 21st. Finally, CIBC lifted their price objective on shares of TC Energy from C$70.00 to C$71.00 and gave the company a "neutral" rating in a research note on Thursday, April 24th. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$73.42.

TC Energy Stock Performance

TSE:TRP traded down C$0.75 during trading hours on Friday, hitting C$68.75. 657,099 shares of the company were exchanged, compared to its average volume of 6,619,401. The company's 50 day moving average price is C$67.00 and its 200-day moving average price is C$66.85. The stock has a market capitalization of C$70.90 billion, a price-to-earnings ratio of 13.67, a PEG ratio of 1.69 and a beta of 0.82. TC Energy has a 52-week low of C$44.54 and a 52-week high of C$70.97. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40.

Insider Buying and Selling at TC Energy

In other TC Energy news, Senior Officer Michele L. Waters acquired 1,525 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were purchased at an average cost of C$64.68 per share, for a total transaction of C$98,630.90. Also, Director Francois Lionel Poirier bought 4,800 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost of C$65.05 per share, with a total value of C$312,239.52. In the last 90 days, insiders have bought 13,287 shares of company stock worth $842,568 and have sold 145,977 shares worth $9,810,511. 0.03% of the stock is currently owned by insiders.

TC Energy Company Profile

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.