A share price of TC Energy Corporation [TRP] is currently trading at $53.55, up 0.45%. An important factor to consider is whether the stock is rising or falling in short-term value. The TRP shares have gain 2.19% over the last week, with a monthly amount glided 5.48%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TC Energy Corporation [NYSE: TRP] stock has seen the most recent analyst activity on May 02, 2025, when CIBC upgraded its rating to a Sector Outperform. On January 15, 2025, TD Securities initiated with a Buy rating. Morgan Stanley upgraded its rating to a Overweight. JP Morgan upgraded its rating to a Overweight. UBS upgraded its rating to Buy for this stock on September 30, 2024. In a note dated July 17, 2024, Barclays upgraded an Overweight rating on this stock.
TC Energy Corporation experienced fluctuations in its stock price throughout the past year between $42.19 and $53.49. Currently, Wall Street analysts expect the stock to reach $51.28 within the next 12 months. TC Energy Corporation [NYSE: TRP] shares were valued at $53.55 at the most recent close of the market. An investor can expect a potential drop of -4.24% based on the average TRP price forecast.
Analyzing the TRP fundamentals
Trailing Twelve Months sales for TC Energy Corporation [NYSE:TRP] were 10.90B which represents -8.10% decline. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.43%, Pretax Profit Margin comes in at 0.44%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.15 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.16.
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 53.17 points at the first support level, and at 52.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.87, and for the 2nd resistance point, it is at 54.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TC Energy Corporation [NYSE:TRP] is 0.61. On the other hand, the Quick Ratio is 0.54, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 5.11, the price to book ratio is 3.04 and price to earnings (TTM) ratio is 18.26.
