TC Energy Corporation (NYSE: TRP) has a price-to-earnings ratio that is above its average at 13.17x. The stock has a 36-month beta value of 0.86. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 6 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for TRP is 1.04B, and at present, short sellers hold a 4.67% of that float. On January 22, 2025, the average trading volume of TRP was 2.04M shares.
TRP) stock’s latest price update
TC Energy Corporation (NYSE: TRP)’s stock price has gone rise by 0.11 in comparison to its previous close of 47.40, however, the company has experienced a 3.24% increase in its stock price over the last five trading days. seekingalpha.com reported 2025-01-21 that High-yield stocks with strong business models and balance sheets reduce investment speculation and offer attractive total returns, but valuation still matters. I look at two big dividend blue-chip stocks that appear overvalued. I also look at two big dividend blue-chip stocks that appear undervalued.
TRP’s Market Performance
TRP’s stock has risen by 3.24% in the past week, with a monthly rise of 3.00% and a quarterly drop of -0.17%. The volatility ratio for the week is 2.20% while the volatility levels for the last 30 days are 1.90% for TC Energy Corporation. The simple moving average for the past 20 days is 1.62% for TRP’s stock, with a 15.89% simple moving average for the past 200 days.
TRP Trading at -0.51% from the 50-Day Moving Average
After a stumble in the market that brought TRP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.80% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares surge +5.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.02% upper at present.
During the last 5 trading sessions, TRP rose by +3.24%, which changed the moving average for the period of 200-days by +32.77% in comparison to the 20-day moving average, which settled at $46.69. In addition, TC Energy Corporation saw 1.98% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TRP
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.45 for the gross margin
The net margin for TC Energy Corporation stands at 0.32. The total capital return value is set at 0.04. Equity return is now at value 16.07, with 3.99 for asset returns.
Based on TC Energy Corporation (TRP), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 2.38. The interest coverage ratio of the stock is 1.7.
Currently, EBITDA for the company is 9.37 billion with net debt to EBITDA at 5.32. When we switch over and look at the enterprise to sales, we see a ratio of 8.69. The receivables turnover for the company is 4.54for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
To sum up, TC Energy Corporation (TRP) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
