TransAlta Corp's fundamentals are relatively healthy, and its growth potential is good.Its valuation is considered fairly valued, ranking 45/66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 20.40.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
TransAlta Corp's Score
Industry at a Glance
Industry Ranking
45 / 66
Overall Ranking
251 / 4582
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Hold
Current Rating
20.399
Target Price
+44.57%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
TransAlta Corp Highlights
StrengthsRisks
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses, and utility customers with affordable, energy-efficient, and reliable power. Its portfolio includes hydro, wind, solar, battery storage, natural gas, and thermal power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has over 88 energy assets in the portfolio. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generates over 9,000 megawatts of electricity. It delivers renewable energy solutions for large-scale commercial partners, including technology companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Lakeswind Facility, Old Town Wind Project, White Rock East Project, Mass Solar Project, Fortescue River Gas Pipeline, and others.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 1.51B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 40.11%.
Undervalued
The company’s latest PE is -27.10, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 250.77M shares, decreasing 9.29% quarter-over-quarter.
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses, and utility customers with affordable, energy-efficient, and reliable power. Its portfolio includes hydro, wind, solar, battery storage, natural gas, and thermal power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has over 88 energy assets in the portfolio. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generates over 9,000 megawatts of electricity. It delivers renewable energy solutions for large-scale commercial partners, including technology companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Lakeswind Facility, Old Town Wind Project, White Rock East Project, Mass Solar Project, Fortescue River Gas Pipeline, and others.
Ticker SymbolTAC
CompanyTransAlta Corp
CEOHunter (Joel E)
Websitehttps://transalta.com
FAQs
What is the current price of TransAlta Corp (TAC)?
The current price of TransAlta Corp (TAC) is 12.515.
What is the symbol of TransAlta Corp?
The ticker symbol of TransAlta Corp is TAC.
What is the 52-week high of TransAlta Corp?
The 52-week high of TransAlta Corp is 25.025.
What is the 52-week low of TransAlta Corp?
The 52-week low of TransAlta Corp is 11.160.
What is the market capitalization of TransAlta Corp?
The market capitalization of TransAlta Corp is 3.71B.
What is the net income of TransAlta Corp?
The net income of TransAlta Corp is 177.00M.
Is TransAlta Corp (TAC) currently rated as Buy, Hold, or Sell?
According to analysts, TransAlta Corp (TAC) has an overall rating of Hold, with a price target of 20.399.
What is the Earnings Per Share (EPS TTM) of TransAlta Corp (TAC)?
The Earnings Per Share (EPS TTM) of TransAlta Corp (TAC) is -0.462.