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TransAlta Corporation (TAC)

6.63 -0.20 (-2.93%)
At close: April 26 at 4:00 PM EDT
6.57 -0.06 (-0.83%)
After hours: April 26 at 6:40 PM EDT
Key Events
Loading Chart for TAC
DELL
  • Previous Close 6.83
  • Open 6.81
  • Bid 6.61 x 2900
  • Ask 6.62 x 4000
  • Day's Range 6.59 - 6.82
  • 52 Week Range 5.94 - 10.40
  • Volume 722,693
  • Avg. Volume 813,579
  • Market Cap (intraday) 2.04B
  • Beta (5Y Monthly) 0.89
  • PE Ratio (TTM) 3.90
  • EPS (TTM) 1.70
  • Earnings Date Feb 21, 2024 - Feb 26, 2024
  • Forward Dividend & Yield 0.18 (2.64%)
  • Ex-Dividend Date May 31, 2024
  • 1y Target Est 10.43

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

www.transalta.com

1,257

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Recent News: TAC

Performance Overview: TAC

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

TAC
19.71%
S&P/TSX Composite index
4.82%

1-Year Return

TAC
22.72%
S&P/TSX Composite index
7.48%

3-Year Return

TAC
30.62%
S&P/TSX Composite index
15.01%

5-Year Return

TAC
4.87%
S&P/TSX Composite index
32.54%

Compare To: TAC

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Statistics: TAC

Valuation Measures

Annual
As of 4/26/2024
  • Market Cap

    2.04B

  • Enterprise Value

    5.56B

  • Trailing P/E

    3.90

  • Forward P/E

    19.34

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.75

  • Price/Book (mrq)

    4.70

  • Enterprise Value/Revenue

    1.66

  • Enterprise Value/EBITDA

    3.16

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    20.71%

  • Return on Assets (ttm)

    6.92%

  • Return on Equity (ttm)

    43.58%

  • Revenue (ttm)

    3.36B

  • Net Income Avi to Common (ttm)

    644M

  • Diluted EPS (ttm)

    1.70

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    348M

  • Total Debt/Equity (mrq)

    253.18%

  • Levered Free Cash Flow (ttm)

    160.62M

Research Analysis: TAC

Analyst Price Targets

9.52
10.43 Average
6.63 Current
11.71 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: TAC

Fair Value

6.63 Current
 

Dividend Score

0 Low
TAC
Sector Avg.
100 High
 

Hiring Score

0 Low
TAC
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
TAC
Sector Avg.
100 High
 

Research Reports: TAC

  • TAC: What does Argus have to say about TAC?

    TRANSALTA CORP has an Investment Rating of BUY; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • TAC: What does Argus have to say about TAC?

    TRANSALTA CORP has an Investment Rating of BUY; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • TAC: What does Argus have to say about TAC?

    TRANSALTA CORP has an Investment Rating of BUY; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • TAC: What does Argus have to say about TAC?

    TRANSALTA CORP has an Investment Rating of BUY; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     

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