TRP

Essential Fundamentals to Consider Before Investing in TC Energy Stocks

Large-cap Utilities company TC Energy has moved 1.4% so far today on a volume of 982,577, compared to its average of 2,956,012. In contrast, the S&P 500 index moved 1.0%.

TC Energy trades -1.15% away from its average analyst target price of $45.6 per share. The 7 analysts following the stock have set target prices ranging from $35.02 to $72.05, and on average have given TC Energy a rating of hold.

Anyone interested in buying TRP should be aware of the facts below:

  • TC Energy's current price is 7.0% above its Graham number of $42.13, which implies that at its current valuation it does not offer a margin of safety

  • TC Energy has moved 25.8% over the last year, and the S&P 500 logged a change of 26.4%

  • Based on its trailing earnings per share of 2.43, TC Energy has a trailing 12 month Price to Earnings (P/E) ratio of 18.5 while the S&P 500 average is 28.21

  • TRP has a forward P/E ratio of 14.3 based on its forward 12 month price to earnings (EPS) of $3.15 per share

  • The company has a price to earnings growth (PEG) ratio of -29.59 — a number near or below 1 signifying that TC Energy is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 1.69 compared to its sector average of 2.25

  • TC Energy Corporation operates as an energy infrastructure company in North America.

  • Based in Calgary, the company has 7,000 full time employees and a market cap of $46.85 Billion. TC Energy currently returns an annual dividend yield of 8.5%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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