TransAlta Co. (TSE:TA - Free Report) NYSE: TAC - Investment analysts at Atb Cap Markets issued their Q2 2025 earnings per share estimates for shares of TransAlta in a research report issued on Wednesday, May 7th. Atb Cap Markets analyst N. Heywood forecasts that the company will post earnings per share of $0.03 for the quarter. Atb Cap Markets also issued estimates for TransAlta's Q4 2025 earnings at $0.10 EPS and FY2025 earnings at $0.43 EPS.
Other analysts have also issued research reports about the stock. Scotiabank decreased their price target on shares of TransAlta from C$17.00 to C$16.00 and set a "sector perform" rating for the company in a research note on Thursday, May 8th. Royal Bank of Canada decreased their target price on shares of TransAlta from C$23.00 to C$20.00 and set an "outperform" rating for the company in a research report on Thursday, May 8th. CIBC upped their target price on shares of TransAlta from C$18.50 to C$19.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. ATB Capital cut their price target on TransAlta from C$19.00 to C$18.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th. Finally, Desjardins lowered their price objective on TransAlta from C$16.00 to C$14.00 and set a "hold" rating for the company in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$18.00.
Check Out Our Latest Stock Analysis on TA
TransAlta Stock Down 0.5%
Shares of TSE TA traded down C$0.06 during midday trading on Monday, hitting C$12.63. 55,933 shares of the stock traded hands, compared to its average volume of 2,020,486. TransAlta has a one year low of C$9.30 and a one year high of C$21.22. The business has a 50 day moving average price of C$12.73 and a two-hundred day moving average price of C$15.39. 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 company has a market cap of C$3.79 billion, a PE ratio of 18.00, a P/E/G ratio of -0.07 and a beta of 0.93.
Insiders Place Their Bets
In related news, Senior Officer Joel E. Hunter purchased 45,000 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was bought at an average price of C$14.99 per share, for a total transaction of C$674,752.50. Insiders own 0.21% of the company's stock.
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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