TC Energy (TSE:TRP) Upgraded at US Capital Advisors

US Capital Advisors upgraded shares of TC Energy (TSE:TRP) (NYSE:TRP) from a hold rating to a moderate buy rating in a research note released on Monday morning,Zacks.com reports. US Capital Advisors also issued estimates for TC Energy’s Q4 2024 earnings at $1.02 EPS, Q1 2025 earnings at $1.11 EPS, Q2 2025 earnings at $0.84 EPS, Q3 2025 earnings at $0.99 EPS and Q4 2025 earnings at $1.04 EPS.

A number of other analysts have also weighed in on the stock. Veritas upgraded shares of TC Energy to a “strong sell” rating in a research note on Tuesday, October 8th. JPMorgan Chase & Co. increased their price target on TC Energy from C$70.00 to C$79.00 in a research report on Monday, November 18th. ATB Capital boosted their price objective on TC Energy from C$64.00 to C$65.00 in a report on Friday, November 8th. Jefferies Financial Group raised their target price on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Finally, Raymond James raised TC Energy to a “hold” rating in a report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$73.00.

TC Energy Stock Up 0.8 %

TC Energy stock opened at C$67.40 on Monday. The business’s 50-day simple moving average is C$67.13 and its two-hundred day simple moving average is C$64.18. The company has a debt-to-equity ratio of 160.84, a quick ratio of 0.40 and a current ratio of 0.76. The company has a market cap of C$70.10 billion, a PE ratio of 20.36, a PEG ratio of 1.69 and a beta of 0.82. TC Energy has a fifty-two week low of C$43.83 and a fifty-two week high of C$70.32.

TC Energy (TSE:TRP) (NYSE:TRP) last issued its quarterly earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, topping the consensus estimate of C$0.97 by C$0.06. TC Energy had a net margin of 21.38% and a return on equity of 10.68%. The company had revenue of C$4.08 billion for the quarter, compared to the consensus estimate of C$3.90 billion. Equities analysts anticipate that TC Energy will post 3.5490515 EPS for the current year.

Insider Buying and Selling

In related news, Senior Officer Stanley G. Chapman Iii sold 267,435 shares of TC Energy stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of C$66.51, for a total transaction of C$17,785,898.39. Also, Senior Officer Nancy Angenita Johnson sold 3,328 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$67.75, for a total transaction of C$225,472.00. In the last three months, insiders have sold 420,911 shares of company stock worth $28,259,105. Insiders own 0.03% of the company’s stock.

TC Energy Company Profile

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.