News coverage about TC PipeLines (NYSE:TCP) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TC PipeLines earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the pipeline company an impact score of 45.4612668191772 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

TCP has been the topic of several analyst reports. Royal Bank of Canada reiterated an “outperform” rating and set a $68.00 price target (down from $72.00) on shares of TC PipeLines in a report on Thursday, November 9th. UBS cut their price target on shares of TC PipeLines from $63.00 to $61.00 and set a “buy” rating on the stock in a report on Tuesday, November 7th. Zacks Investment Research upgraded shares of TC PipeLines from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Tuesday, October 17th. Wells Fargo & Company cut their price target on shares of TC PipeLines from $62.00 to $58.00 and set a “market perform” rating on the stock in a report on Wednesday, November 15th. Finally, BidaskClub upgraded shares of TC PipeLines from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $60.50.

Shares of TC PipeLines (TCP) traded down $0.09 during mid-day trading on Wednesday, reaching $52.30. 168,173 shares of the company’s stock were exchanged, compared to its average volume of 159,989. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.12 and a quick ratio of 1.06. The company has a market cap of $3,701.60, a P/E ratio of 17.14, a P/E/G ratio of 2.81 and a beta of 0.96. TC PipeLines has a twelve month low of $48.55 and a twelve month high of $65.03.

TC PipeLines (NYSE:TCP) last issued its earnings results on Monday, November 6th. The pipeline company reported $0.61 EPS for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($0.06). The company had revenue of $100.00 million during the quarter, compared to the consensus estimate of $126.78 million. TC PipeLines had a return on equity of 21.46% and a net margin of 64.04%. analysts expect that TC PipeLines will post 3.14 earnings per share for the current fiscal year.

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TC PipeLines Company Profile

TC PipeLines, LP is a master limited partnership. The Company acquires, owns and participates in the management of energy infrastructure businesses in North America. The Company’s pipeline systems transport natural gas in the United States. As of December 31, 2016, the Company had four pipelines and equity ownership interests in three natural gas interstate pipeline systems that are collectively designed to transport approximately 9.1 billion cubic feet per day of natural gas from producing regions and import facilities to market hubs and consuming markets primarily in the Western, Midwestern and Eastern United States.

Insider Buying and Selling by Quarter for TC PipeLines (NYSE:TCP)

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