A new trading day began on Friday, with TC Energy Corporation (NYSE: TRP) stock price up 1.45% from the previous day of trading, before settling in for the closing price of $54.44. TRP’s price has ranged from $43.51 to $55.37 over the past 52 weeks.
During the last 5-year period, the sales growth of Energy Sector giant was 0.03%. Meanwhile, its annual earnings per share averaged -15.59%.
TC Energy Corporation (TRP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of TC Energy Corporation is 0.09%, while institutional ownership is 84.10%.
TC Energy Corporation (TRP) Recent Fiscal highlights
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 1.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -15.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.83% during the next five years compared to 0.03% growth over the previous five years of trading.
TC Energy Corporation (NYSE: TRP) Trading Performance Indicators
Here are TC Energy Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.11. Likewise, its price to free cash flow for the trailing twelve months is 15.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.33, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 2.74 in one year’s time.
Technical Analysis of TC Energy Corporation (TRP)
Looking closely at TC Energy Corporation (NYSE: TRP), its last 5-days average volume was 2.61 million, which is a jump from its year-to-date volume of 2.3 million. As of the previous 9 days, the stock’s Stochastic %D was 95.01%.
During the past 100 days, TC Energy Corporation’s (TRP) raw stochastic average was set at 98.46%, which indicates a significant decrease from 98.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.95 in the past 14 days, which was higher than the 0.81 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.42, while its 200-day Moving Average is $49.45. However, in the short run, TC Energy Corporation’s stock first resistance to watch stands at $55.65. Second resistance stands at $56.07. The third major resistance level sits at $56.84. If the price goes on to break the first support level at $54.47, it is likely to go to the next support level at $53.70. Now, if the price goes above the second support level, the third support stands at $53.28.
TC Energy Corporation (NYSE: TRP) Key Stats
With a market capitalization of 55.23 billion, the company has a total of 1,040,596K Shares Outstanding. Currently, annual sales are 10,050 M while annual income is 3,429 M. The company’s previous quarter sales were 2,690 M while its latest quarter income was 462,570 K.
