A share price of Transalta Corp [TAC] is currently trading at $9.41, down -2.59%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TAC shares have gain 0.32% over the last week, with a monthly amount drifted -10.89%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Transalta Corp [NYSE: TAC] stock has seen the most recent analyst activity on February 18, 2025, when CIBC upgraded its rating to a Sector Outperform. Previously, Scotiabank downgraded its rating to Sector Perform on January 23, 2025. On January 08, 2025, downgrade downgraded it’s rating to Neutral. Desjardins downgraded its rating to a Hold. Credit Suisse upgraded its rating to Outperform for this stock on April 12, 2023. In a note dated February 01, 2023, Credit Suisse downgraded an Neutral rating on this stock.
Transalta Corp experienced fluctuations in its stock price throughout the past year between $5.94 and $14.64. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Transalta Corp [NYSE: TAC] shares were valued at $9.41 at the most recent close of the market. An investor can expect a potential return of 70.03% based on the average TAC price forecast.
Analyzing the TAC fundamentals
Trailing Twelve Months sales for Transalta Corp [NYSE:TAC] were 2.08B which represents 5.82% growth. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.13 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.28 points at the first support level, and at 9.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.64, and for the 2nd resistance point, it is at 9.87.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Transalta Corp [NYSE:TAC] is 0.69. Also, the Quick Ratio is 0.64, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.35, the price to book ratio is 5.01 and price to earnings (TTM) ratio is 22.17.
