Equities Analysts Issue Forecasts for TransAlta Q1 Earnings

TransAlta Co. (TSE:TA) (NYSE:TAC) – Research analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of TransAlta in a research note issued to investors on Wednesday, April 23rd. National Bank Financial analyst P. Kenny forecasts that the company will post earnings of $0.05 per share for the quarter.

TA has been the topic of a number of other research reports. TD Securities raised their price target on shares of TransAlta from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Cibc World Mkts raised TransAlta from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Scotiabank lowered their price target on TransAlta from C$21.00 to C$17.00 and set a “sector perform” rating for the company in a research report on Thursday, April 17th. Finally, CIBC dropped their price objective on TransAlta from C$19.50 to C$19.00 and set an “outperform” rating for the company in a report on Thursday. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, TransAlta presently has a consensus rating of “Moderate Buy” and a consensus target price of C$17.71.

TransAlta Stock Performance

Shares of TA stock opened at C$12.47 on Friday. The company has a market capitalization of C$3.74 billion, a P/E ratio of 17.77, a PEG ratio of -0.07 and a beta of 0.93. TransAlta has a fifty-two week low of C$8.95 and a fifty-two week high of C$21.22. 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 stock has a 50 day moving average price of C$13.34 and a two-hundred day moving average price of C$15.56.

Insider Buying and Selling

In other TransAlta news, Senior Officer Joel E. Hunter acquired 45,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average price of C$14.99 per share, with a total value of C$674,752.50. 0.21% of the stock is owned by insiders.

TransAlta Company Profile

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.