Q1 Earnings Forecast for TransAlta Issued By Atb Cap Markets

TransAlta Co. (TSE:TA) (NYSE:TAC) – Investment analysts at Atb Cap Markets lowered their Q1 2025 EPS estimates for TransAlta in a note issued to investors on Thursday, February 20th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.22 per share for the quarter, down from their prior forecast of $0.27. Atb Cap Markets also issued estimates for TransAlta’s Q4 2025 earnings at $0.12 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.17 EPS, Q4 2026 earnings at $0.15 EPS and FY2026 earnings at $0.53 EPS.

TA has been the subject of several other reports. BMO Capital Markets raised their price objective on shares of TransAlta from C$17.00 to C$22.00 in a research report on Monday, December 16th. Cibc World Mkts upgraded shares of TransAlta from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. Desjardins raised their price objective on shares of TransAlta from C$15.50 to C$16.00 and gave the stock a “hold” rating in a research report on Wednesday, December 18th. Scotiabank cut shares of TransAlta from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from C$19.00 to C$21.00 in a research report on Thursday, January 30th. Finally, Royal Bank of Canada lifted their price target on shares of TransAlta from C$14.00 to C$16.00 in a research report on Wednesday, November 6th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, TransAlta currently has an average rating of “Moderate Buy” and an average target price of C$18.36.

TransAlta Price Performance

TransAlta stock opened at C$15.20 on Monday. TransAlta has a 12-month low of C$8.22 and a 12-month high of C$21.22. The stock has a market cap of C$4.56 billion, a P/E ratio of 21.67, a PEG ratio of -0.07 and a beta of 0.93. The company has a 50-day moving average price of C$18.08 and a 200 day moving average price of C$15.32. 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 Buying and Selling

In other TransAlta news, Director John Harry Kousinioris sold 45,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$17.67, for a total value of C$795,150.00. Also, Senior Officer Jane Nyla Fedoretz sold 8,000 shares of the company’s stock in a transaction dated Thursday, November 28th. The shares were sold at an average price of C$15.49, for a total transaction of C$123,920.00. Insiders have sold 109,781 shares of company stock worth $2,040,692 in the last three months. Corporate insiders own 0.21% of the company’s stock.

About TransAlta

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.