TC Energy Corporation [NYSE: TRP] stock went on a downward path that fall over -1.45% on Thursday, amounting to a one-week price decrease of less than -6.79%.
Over the last 12 months, TRP stock rose by 29.99%. The one-year TC Energy Corporation stock forecast points to a potential upside of 10.45. The average equity rating for TRP stock is currently 2.22, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $47.19 billion, with 1.04 billion shares outstanding and 1.04 billion shares in the current float. Compared to the average trading volume of 2.47M shares, TRP stock reached a trading volume of 3807221 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on TC Energy Corporation [TRP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TRP shares is $50.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TRP stock is a recommendation set at 2.22. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for TC Energy Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 04, 2025. While these analysts kept the previous recommendation, TD Securities raised their target price to Buy. The new note on the price target was released on January 15, 2025, representing the official price target for TC Energy Corporation stock.
The Average True Range (ATR) for TC Energy Corporation is set at 1.57, with the Price to Sales ratio for TRP stock in the period of the last 12 months amounting to 4.08. The Price to Book ratio for the last quarter was 2.70, with the Price to Cash per share for the same quarter was set at 0.62. Price to Free Cash Flow for TRP in the course of the last twelve months was 13.01 with Quick ratio for the last quarter at 0.47.
TRP Stock Performance Analysis:
TC Energy Corporation [TRP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.79. With this latest performance, TRP shares dropped by -2.53% in over the last four-week period, additionally plugging by 1.61% over the last 6 months – not to mention a rise of 29.99% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TRP stock in for the last two-week period is set at 42.06, with the RSI for the last a single of trading hit 39.17, and the three-weeks RSI is set at 44.17 for TC Energy Corporation [TRP]. The present Moving Average for the last 50 days of trading for this stock 46.55, while it was recorded at 45.52 for the last single week of trading, and 44.33 for the last 200 days.
Insight into TC Energy Corporation Fundamentals:
TC Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.47 and a Current Ratio set at 0.55.
TRP Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TRP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for TC Energy Corporation go to -0.83%.
TC Energy Corporation [TRP] Institutonal Ownership Details
There are presently around $74.93%, or 74.96%% of TRP stock, in the hands of institutional investors. The top three institutional holders of TRP stocks are: ROYAL BANK OF CANADA with ownership of 93.44 million shares, which is approximately 9.0108%. CAPITAL RESEARCH GLOBAL INVESTORS, holding 53.67 million shares of the stock with an approximate value of $$2.03 billion in TRP stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $$1.99 billion in TRP stock with ownership which is approximately 4.9042%.
