Tc Energy Corp Stock Buy Hold or Sell Recommendation
| TRP Stock | USD 45.26 0.11 0.24% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding TC Energy Corp is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell TC Energy Corp within the specified time frame.
Check out TC Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as TRP and provide practical buy, sell, or hold advice based on investors' constraints. TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
TRP |
Execute TC Energy Buy or Sell Advice
The TRP recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on TC Energy Corp. Macroaxis does not own or have any residual interests in TC Energy Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute TC Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
TC Energy Trading Alerts and Improvement Suggestions
| TC Energy Corp generated a negative expected return over the last 90 days | |
| TC Energy Corp has 63.66 B in debt with debt to equity (D/E) ratio of 1.74, which is OK given its current industry classification. TC Energy Corp has a current ratio of 0.63, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for TRP to invest in growth at high rates of return. | |
| TC Energy Corp has a poor financial position based on the latest SEC disclosures | |
| Over 79.0% of TC Energy shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: TC Energy Given a C73.00 Price Target at TD Securities |
TC Energy Returns Distribution Density
The distribution of TC Energy's historical returns is an attempt to chart the uncertainty of TC Energy's future price movements. The chart of the probability distribution of TC Energy daily returns describes the distribution of returns around its average expected value. We use TC Energy Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of TC Energy returns is essential to provide solid investment advice for TC Energy.
| Mean Return | -0.03 | Value At Risk | -2.11 | Potential Upside | 1.88 | Standard Deviation | 1.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of TC Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
TRP Stock Institutional Investors
The TC Energy's institutional investors refer to entities that pool money to purchase TC Energy's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Td Asset Management Inc | 2024-09-30 | 16.1 M | 1832 Asset Management L.p | 2024-09-30 | 15.7 M | Mackenzie Investments | 2024-09-30 | 14.4 M | Canada Pension Plan Investment Board | 2024-09-30 | 13.5 M | Jarislowsky Fraser Ltd | 2024-09-30 | 12.2 M | Legal & General Group Plc | 2024-09-30 | 11.8 M | Dodge & Cox | 2024-09-30 | 11 M | Capital World Investors | 2024-09-30 | 10.2 M | Scotia Capital Inc | 2024-09-30 | 9.3 M | Royal Bank Of Canada | 2024-09-30 | 93.5 M | Goldman Sachs Group Inc | 2024-09-30 | 64.3 M |
TC Energy Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (55M) | (93M) | (190M) | (56M) | (50.4M) | (47.9M) | |
| Investments | (765M) | (1.1B) | (7.0B) | (12.3B) | (11.1B) | (10.5B) | |
| Change In Cash | 187M | (857M) | (53M) | 3.1B | 3.5B | 3.7B | |
| Net Borrowings | 2.6B | 1.6B | 4.5B | 2.9B | 3.4B | 3.6B | |
| Free Cash Flow | (1.1B) | 966M | (352M) | (881M) | (792.9M) | (753.3M) | |
| Depreciation | 2.6B | 2.5B | 2.6B | 2.8B | 3.2B | 1.8B | |
| Other Non Cash Items | (178M) | (258M) | 3.5B | 1.4B | 1.6B | 1.6B | |
| Dividends Paid | 3.1B | 3.5B | 3.3B | (2.9B) | (3.3B) | (3.1B) | |
| Capital Expenditures | 8.1B | 5.9B | 6.7B | 8.1B | 9.4B | 9.8B | |
| Net Income | 4.9B | 2.0B | 785M | 2.9B | 3.4B | 1.8B | |
| End Period Cash Flow | 1.5B | 673M | 620M | 3.7B | 4.2B | 4.4B | |
| Change To Netincome | 185M | 179M | 2.7B | 3.7B | 4.2B | 4.4B |
TC Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to TC Energy or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that TC Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a TRP stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 1.31 | |
Ir | Information ratio | -0.09 |
TC Energy Volatility Alert
TC Energy Corp exhibits very low volatility with skewness of -0.31 and kurtosis of 0.6. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure TC Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact TC Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.TC Energy Fundamentals Vs Peers
Comparing TC Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze TC Energy's direct or indirect competition across all of the common fundamentals between TC Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as TC Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of TC Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing TC Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare TC Energy to competition |
| Fundamentals | TC Energy | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0333 | -0.14 |
| Profit Margin | 0.31 % | (1.27) % |
| Operating Margin | 0.40 % | (5.51) % |
| Current Valuation | 96.38 B | 16.62 B |
| Shares Outstanding | 1.04 B | 571.82 M |
| Shares Owned By Insiders | 0.03 % | 10.09 % |
| Shares Owned By Institutions | 78.99 % | 39.21 % |
| Number Of Shares Shorted | 18.4 M | 4.71 M |
| Price To Earning | 12.65 X | 28.72 X |
| Price To Book | 2.42 X | 9.51 X |
| Price To Sales | 2.83 X | 11.42 X |
| Revenue | 15.93 B | 9.43 B |
| Gross Profit | 10.8 B | 27.38 B |
| EBITDA | 9.37 B | 3.9 B |
| Net Income | 2.92 B | 570.98 M |
| Cash And Equivalents | 620 M | 2.7 B |
| Cash Per Share | 2.08 X | 5.01 X |
| Total Debt | 63.66 B | 5.32 B |
| Debt To Equity | 1.74 % | 48.70 % |
| Current Ratio | 0.64 X | 2.16 X |
| Book Value Per Share | 26.93 X | 1.93 K |
| Cash Flow From Operations | 7.27 B | 971.22 M |
| Short Ratio | 9.89 X | 4.00 X |
| Earnings Per Share | 3.41 X | 3.12 X |
| Price To Earnings To Growth | 1.62 X | 4.89 X |
| Target Price | 44.12 | |
| Number Of Employees | 7 K | 18.84 K |
| Beta | 0.82 | -0.15 |
| Market Capitalization | 47.09 B | 19.03 B |
| Total Asset | 125.03 B | 29.47 B |
| Retained Earnings | (3 B) | 9.33 B |
| Working Capital | (445 M) | 1.48 B |
TC Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as TRP . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 39855.07 | |||
| Daily Balance Of Power | (0.13) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 45.48 | |||
| Day Typical Price | 45.41 | |||
| Price Action Indicator | (0.28) | |||
| Period Momentum Indicator | (0.11) |
About TC Energy Buy or Sell Advice
When is the right time to buy or sell TC Energy Corp? Buying financial instruments such as TRP Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for TRP Stock Analysis
When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.