Analysts Update Their Price Forecasts For Transalta Corp (TAC)

Transalta Corp (TAC) concluded trading on Thursday at a closing price of $11.41, with 3.28 million shares of worth about $37.4 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.43% during that period and on June 12, 2025 the price saw a gain of about 8.98%. Currently the company’s common shares owned by public are about 296.60M shares, out of which, 294.61M shares are available for trading.

Stock saw a price change of 10.88% in past 5 days and over the past one month there was a price change of 24.70%. Year-to-date (YTD), TAC shares are showing a performance of -19.36% which increased to 56.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.78 but also hit the highest price of $14.64 during that period. The average intraday trading volume for Transalta Corp shares is 1.32 million. The stock is currently trading 16.66% above its 20-day simple moving average (SMA20), while that difference is up 24.18% for SMA50 and it goes to 8.77% higher than SMA200.

Transalta Corp (NYSE: TAC) currently have 296.60M outstanding shares and institutions hold larger chunk of about 81.04% of that.

The stock has a current market capitalization of $3.38B and its 3Y-monthly beta is at 0.73. It has posted earnings per share of -$0.00 in the same period. It has Quick Ratio of 0.78 while making debt-to-equity ratio of 2.67. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TAC, volatility over the week remained 4.14% while standing at 2.53% over the month.

Stock’s fiscal year EPS is expected to drop by -16.64% while it is estimated to decrease by -59.71% in next year. EPS is likely to shrink at an annualized rate of -3.19% for next 5-years, compared to annual growth of 25.30% made by the stock over the past 5-years.

Stock get a Neutral rating from CIBC on January 08, 2025.

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