What is Atb Cap Markets’ Forecast for TransAlta Q1 Earnings?

TransAlta Co. (TSE:TA) (NYSE:TAC) – Analysts at Atb Cap Markets decreased their Q1 2025 EPS estimates for TransAlta in a research note issued on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $0.09 for the quarter, down from their prior forecast of $0.22.

Other equities research analysts have also issued research reports about the stock. CIBC dropped their price target on shares of TransAlta from C$19.50 to C$19.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. Scotiabank dropped their price target on shares of TransAlta from C$21.00 to C$17.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 17th. TD Securities raised their price target on shares of TransAlta from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Finally, Cibc World Mkts upgraded shares of TransAlta from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.71.

TransAlta Price Performance

Shares of TSE:TA opened at C$12.59 on Monday. The firm’s 50 day moving average is C$13.22 and its two-hundred day moving average is C$15.54. TransAlta has a 52 week low of C$8.95 and a 52 week high of C$21.22. The firm has a market capitalization of C$3.78 billion, a P/E ratio of 17.95, a PEG ratio of -0.07 and a beta of 0.93. The company has a current ratio of 0.74, a quick ratio of 0.62 and a debt-to-equity ratio of 229.66.

Insider Activity at TransAlta

In related news, Senior Officer Joel E. Hunter bought 45,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were bought at an average cost of C$14.99 per share, with a total value of C$674,752.50. Company insiders own 0.21% of the company’s stock.

TransAlta Company Profile

TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company’s revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.