TC Energy (TSE:TRP) Insider Sells C$147,585.00 in Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) insider Yvonne Frame-Zawalykut sold 1,500 shares of the company’s stock in a transaction dated 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 Stock Performance

Shares of TRP opened at C$98.83 on Friday. TC Energy Co. has a one year low of C$63.34 and a one year high of C$100.18. The company has a market cap of C$102.96 billion, a PE ratio of 30.98, a P/E/G ratio of 1.69 and a beta of 0.70. The stock has a 50-day moving average of C$92.55 and a 200-day moving average of C$85.50. 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 posted its quarterly 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 business had revenue of C$3.86 billion for the quarter. On average, equities research analysts predict that TC Energy Co. will post 3.5490515 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TRP has been the subject of a number of recent research reports. Morgan Stanley lowered shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 price target for the company. in a research note on Wednesday, June 10th. National Bank Financial raised their price objective on shares of TC Energy from C$92.00 to C$102.00 in a research note on Monday, June 1st. The Goldman Sachs Group upgraded shares of TC Energy from a “sell” rating to a “hold” rating and set a C$62.00 price objective for the company in a report on Sunday, April 19th. Canadian Imperial Bank of Commerce boosted their target price on shares of TC Energy from C$89.00 to C$94.00 in a research report on Monday, May 4th. Finally, ATB Cormark Capital Markets upped their target price on shares of TC Energy from C$82.00 to C$87.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, TC Energy has a consensus rating of “Hold” and a consensus target price of C$89.86.

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.