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

TC Energy Co. (TSE:TRP) (NYSE:TRP) insider Yvonne Frame-Zawalykut sold 1,500 shares of TC Energy 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

TRP stock opened at C$99.60 on Friday. The stock has a market capitalization of C$103.76 billion, a PE ratio of 31.22, a price-to-earnings-growth ratio of 1.69 and a beta of 0.70. The company’s 50-day moving average is C$92.24 and its 200-day moving average is C$85.41. 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 Co. has a 1 year low of C$63.34 and a 1 year high of C$100.18.

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

Analyst Ratings Changes

TRP has been the subject of several research reports. Barclays lifted their price target on shares of TC Energy from C$88.00 to C$92.00 in a research report on Monday, May 4th. National Bank Financial upped their price objective on shares of TC Energy from C$92.00 to C$102.00 in a report on Monday, June 1st. Royal Bank Of Canada raised their price objective on shares of TC Energy from C$92.00 to C$95.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Raymond James Financial lifted their price objective on shares of TC Energy from C$74.00 to C$78.00 in a report on Monday, March 30th. Finally, Citigroup boosted their target price on shares of TC Energy from C$86.00 to C$95.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 31st. Six analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.