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:
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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
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TC Energy has moved 25.8% over the last year, and the S&P 500 logged a change of 26.4%
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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
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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
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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
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Its Price to Book (P/B) ratio is 1.69 compared to its sector average of 2.25
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TC Energy Corporation operates as an energy infrastructure company in North America.
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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%.