Transalta Corp [TAC] stock prices are up 3.17% to $9.44 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TAC shares have gain 5.36% over the last week, with a monthly amount glided 5.01%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, CIBC upgraded its rating to Sector Outperform on February 18, 2025. On January 23, 2025, downgrade downgraded it’s rating to Sector Perform. CIBC downgraded its rating to a Neutral. Desjardins downgraded its rating to a Hold. In a note dated April 12, 2023, Credit Suisse upgraded an Outperform rating on this stock.
The stock price of Transalta Corp [TAC] has been fluctuating between $6.78 and $14.64 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Transalta Corp [NYSE: TAC] shares were valued at $9.44 at the most recent close of the market. An investor can expect a potential return of 69.49% based on the average TAC price forecast.
Analyzing the TAC fundamentals
The Transalta Corp [NYSE:TAC] reported sales of 1.91B for trailing twelve months, representing a drop of -24.77%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.67.
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 9.23 points at the first support level, and at 9.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.56, and for the 2nd resistance point, it is at 9.68.
Ratios To Look Out For
It’s worth pointing out that Transalta Corp [NYSE:TAC]’s Current Ratio is 0.84. As well, the Quick Ratio is 0.78, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 5.10.
