TC Energy FY2025 EPS Decreased by National Bank Financial

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for shares of TC Energy in a report released on Monday, February 17th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings per share of $4.00 for the year, down from their prior estimate of $4.06. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

A number of other research analysts also recently issued reports on TRP. Jefferies Financial Group lifted their price target on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Wells Fargo & Company lifted their price target on TC Energy from C$74.00 to C$76.00 in a report on Wednesday, November 20th. Barclays lifted their price target on TC Energy from C$67.00 to C$74.00 in a report on Wednesday, November 20th. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, February 3rd. Finally, ATB Capital raised their price objective on TC Energy from C$64.00 to C$65.00 in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, TC Energy has an average rating of “Moderate Buy” and an average target price of C$73.25.

TC Energy Trading Down 0.8 %

Shares of TSE:TRP opened at C$65.26 on Thursday. TC Energy has a 12-month low of C$43.83 and a 12-month high of C$70.32. The business’s fifty day simple moving average is C$66.81 and its 200-day simple moving average is C$64.92. The company has a market capitalization of C$67.30 billion, a PE ratio of 12.98, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62.

Insiders Place Their Bets

In other news, Director David Forestell sold 3,766 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of C$70.05, for a total value of C$263,826.38. Also, Director Alexander (Alex) Oehler acquired 6,540 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was bought at an average cost of C$66.05 per share, with a total value of C$431,947.64. In the last 90 days, insiders sold 276,701 shares of company stock valued at $18,392,655. 0.03% of the stock is owned by company 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.