Yvonne Frame-Zawalykut Sells 1,500 Shares of TC Energy (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) insider Yvonne Frame-Zawalykut sold 1,500 shares of the stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of C$98.39, for a total transaction of C$147,585.00.

TC Energy Price Performance

TC Energy stock opened at C$98.83 on Friday. TC Energy Co. has a 12-month low of C$63.34 and a 12-month high of C$100.18. The company has a current ratio of 0.65, a quick ratio of 0.40 and a debt-to-equity ratio of 224.52. The firm has a 50-day moving average price of C$92.55 and a 200-day moving average price of C$85.50. The firm has a market capitalization of C$102.96 billion, a PE ratio of 30.98, a price-to-earnings-growth ratio of 1.69 and a beta of 0.70.

TC Energy (TSE:TRP) (NYSE:TRP) last issued its quarterly earnings results on Friday, May 1st. The company reported C$0.99 EPS for the quarter. The company had revenue of C$3.86 billion for the quarter. TC Energy had a net margin of 21.83% and a return on equity of 12.53%. As a group, equities research analysts forecast that TC Energy Co. will post 3.5490515 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TRP. TD set a C$98.00 price target on TC Energy and gave the stock a “hold” rating in a research note on Thursday. The Goldman Sachs Group raised TC Energy from a “sell” rating to a “hold” rating and set a C$62.00 price objective on the stock in a research report on Sunday, April 19th. Canadian Imperial Bank of Commerce increased their target price on TC Energy from C$89.00 to C$94.00 in a research note on Monday, May 4th. Barclays lifted their target price on TC Energy from C$88.00 to C$92.00 in a research report on Monday, May 4th. Finally, Raymond James Financial boosted their target price on shares of TC Energy from C$74.00 to C$78.00 in a research note on Monday, March 30th. Six research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, TC Energy currently has an average rating of “Hold” and an average target price of C$89.86.

TC Energy Company Profile

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.