Zacks Research Comments on TC Energy’s Q1 Earnings (TSE:TRP)

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at Zacks Research lifted their Q1 2025 earnings per share estimates for TC Energy in a report released on Friday, April 4th. Zacks Research analyst T. Saha now expects that the company will post earnings of $1.05 per share for the quarter, up from their previous forecast of $1.02. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy’s Q2 2025 earnings at $0.76 EPS, Q4 2025 earnings at $1.16 EPS, Q1 2026 earnings at $1.04 EPS, Q2 2026 earnings at $0.94 EPS, Q4 2026 earnings at $1.21 EPS, Q1 2027 earnings at $1.10 EPS and FY2027 earnings at $3.90 EPS.

A number of other equities research analysts also recently weighed in on TRP. Royal Bank of Canada lifted their price target on shares of TC Energy from C$71.00 to C$74.00 in a research note on Tuesday, February 18th. Jefferies Financial Group lifted their target price on shares of TC Energy from C$65.00 to C$71.00 in a research report on Thursday, January 30th. Citigroup raised TC Energy to a “hold” rating in a report on Friday, April 4th. TD Securities set a C$73.00 target price on TC Energy and gave the stock a “buy” rating in a report on Wednesday, January 15th. Finally, Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Seven research analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$73.25.

TC Energy Price Performance

Shares of TSE:TRP opened at C$63.50 on Monday. The firm has a market capitalization of C$65.48 billion, a PE ratio of 12.63, a PEG 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. TC Energy has a 1-year low of C$43.83 and a 1-year high of C$70.97. The business’s 50 day moving average is C$66.65 and its 200-day moving average is C$66.33.

Insiders Place Their Bets

In related news, Senior Officer Patrick C. Muttart sold 18,629 shares of the firm’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$70.10, for a total value of C$1,305,885.45. Also, Director Joshua Gibbon acquired 600 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was purchased at an average price of C$69.15 per share, with a total value of C$41,492.88. In the last 90 days, insiders have purchased 13,287 shares of company stock valued at $842,568 and have sold 145,977 shares valued at $9,810,511. Insiders own 0.03% of the company’s stock.

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.