What is Atb Cap Markets’ Estimate for TransAlta Q2 Earnings?

TransAlta Co. (TSE:TA) (NYSE:TAC) – Atb Cap Markets lifted their Q2 2026 earnings per share (EPS) estimates for shares of TransAlta in a report issued on Monday, November 17th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings per share of $0.11 for the quarter, up from their previous estimate of $0.10.

TransAlta (TSE:TA) (NYSE:TAC) last posted its quarterly earnings results on Thursday, November 6th. The company reported C($0.20) earnings per share for the quarter. TransAlta had a return on equity of 12.03% and a net margin of 7.49%.The business had revenue of C$615.00 million during the quarter.

TA has been the subject of a number of other reports. Scotiabank lifted their price target on shares of TransAlta from C$23.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Jefferies Financial Group boosted their target price on shares of TransAlta from C$20.00 to C$27.00 and gave the company a “buy” rating in a research note on Tuesday, October 14th. ATB Capital increased their price target on TransAlta from C$18.00 to C$20.00 and gave the company an “outperform” rating in a report on Tuesday, August 5th. TD Securities cut their price objective on TransAlta from C$27.00 to C$26.00 and set a “buy” rating for the company in a report on Friday, November 7th. Finally, Desjardins upped their price objective on TransAlta from C$16.50 to C$21.00 and gave the company a “hold” rating in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$23.33.

TransAlta Price Performance

Shares of TSE:TA opened at C$19.34 on Thursday. The company has a debt-to-equity ratio of 229.66, a quick ratio of 0.62 and a current ratio of 0.74. The firm has a market cap of C$5.74 billion, a price-to-earnings ratio of -30.22, a price-to-earnings-growth ratio of -0.07 and a beta of 0.74. The business has a 50-day simple moving average of C$21.33 and a two-hundred day simple moving average of C$17.41. TransAlta has a fifty-two week low of C$11.16 and a fifty-two week high of C$25.03.

About TransAlta

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.