TC Energy (TSE:TRP) Director Trevor Ebl Sells 5,000 Shares of Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Trevor Ebl sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of C$93.45, for a total value of C$467,250.00.

TC Energy Stock Performance

TSE:TRP opened at C$95.45 on Wednesday. The business has a 50 day moving average of C$87.63 and a 200 day moving average of C$81.36. The company has a market capitalization of C$99.44 billion, a price-to-earnings ratio of 29.92, a PEG ratio of 1.69 and a beta of 0.76. TC Energy Co. has a 1-year low of C$63.34 and a 1-year high of C$95.90. The company has a debt-to-equity ratio of 224.52, a current ratio of 0.65 and a quick ratio of 0.40.

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TRP shares. Barclays boosted their price objective on TC Energy from C$88.00 to C$92.00 in a research report on Monday, May 4th. Raymond James Financial boosted their price objective on TC Energy from C$74.00 to C$78.00 in a research report on Monday, March 30th. TD boosted their price objective on TC Energy from C$88.00 to C$90.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Royal Bank Of Canada boosted their price objective on TC Energy from C$92.00 to C$95.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Finally, ATB Cormark Capital Markets boosted their price objective on TC Energy from C$82.00 to C$87.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Six investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, TC Energy has an average rating of “Hold” and a consensus price target of C$87.46.

About TC Energy

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.