National Bank Financial Estimates TC Energy FY2025 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Investment analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for TC Energy in a research note issued on Monday, February 17th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings per share of $4.00 for the year, down from their prior forecast of $4.06. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

A number of other analysts have also weighed in on the company. Barclays increased their target price on TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. Jefferies Financial Group increased their target price on TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. Raymond James upgraded TC Energy to a “hold” rating in a research note on Thursday, November 21st. TD Securities set a C$73.00 target price on TC Energy and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Finally, Veritas upgraded TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, TC Energy currently has a consensus rating of “Moderate Buy” and an average target price of C$73.25.

TC Energy Stock Down 1.2 %

Shares of TRP opened at C$64.48 on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. The business has a fifty day moving average of C$66.77 and a 200 day moving average of C$64.91. TC Energy has a 52-week low of C$43.83 and a 52-week high of C$70.32. The company has a market cap of C$66.49 billion, a PE ratio of 12.82, a P/E/G ratio of 1.69 and a beta of 0.82.

Insiders Place Their Bets

In other news, Director Alexander (Alex) Oehler bought 6,540 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average price of C$66.05 per share, with a total value of C$431,947.64. Also, Director Jawad Masud sold 5,000 shares of TC Energy stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of C$66.50, for a total value of C$332,500.00. Over the last 90 days, insiders acquired 12,865 shares of company stock valued at $842,818 and sold 272,935 shares valued at $18,128,828. Corporate insiders own 0.03% of the company’s stock.

About TC Energy

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.