TC Energy (TSE:TRP) Insider Yvonne Frame-Zawalykut Sells 1,500 Shares of Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) insider Yvonne Frame-Zawalykut sold 1,500 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of C$98.39, for a total value of C$147,585.00.

TC Energy Stock Up 1.2%

TSE:TRP traded up C$1.21 during mid-day trading on Thursday, hitting C$99.88. 3,183,378 shares of the company’s stock traded hands, compared to its average volume of 5,104,315. The company has a fifty day moving average of C$91.94 and a 200 day moving average of C$85.24. TC Energy Co. has a twelve month low of C$63.34 and a twelve month high of C$100.00. The company has a market capitalization of C$104.05 billion, a P/E ratio of 31.31, a P/E/G ratio of 1.69 and a beta of 0.70. The company has a debt-to-equity ratio of 224.52, a quick ratio of 0.40 and a current ratio of 0.65.

TC Energy (TSE:TRP) (NYSE:TRP) last issued its quarterly earnings results on Friday, May 1st. The company reported C$0.99 earnings per share for the quarter. The business had revenue of C$3.86 billion during the quarter. TC Energy had a return on equity of 12.53% and a net margin of 21.83%. On average, analysts forecast that TC Energy Co. will post 3.5490515 EPS for the current year.

Wall Street Analyst Weigh In

TRP has been the subject of several research reports. Royal Bank Of Canada lifted their price objective on shares of TC Energy from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. ATB Cormark Capital Markets raised their target price on TC Energy from C$82.00 to C$87.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. National Bank Financial lifted their price target on TC Energy from C$92.00 to C$102.00 in a research report on Monday, June 1st. Raymond James Financial boosted their price target on TC Energy from C$74.00 to C$78.00 in a research note on Monday, March 30th. Finally, Morgan Stanley lowered TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 price objective on the stock. in a report on Wednesday, June 10th. Six research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of C$89.86.

TC Energy Company Profile

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system. The company also owns or has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.