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The reviews for Transalta Corp suggest mixed opinions about the stock. Some experts consider it an OK investment, while others believe that it is undervalued and expect the share price to increase. However, concerns have been raised about its high debt and past dividend cuts, leading to doubts about its long-term potential. The company's financials and performance are viewed differently by different analysts, making it a challenging stock to evaluate.
Has been rallying the last 3-4 months based on rate cuts. Has exposure to the Alberta power market which has seen prices under pressure since 2022. Prefers Capital Power.
Ton of drama for many years. Exciting play when it separated out RNW, but then they put them back together. Underperformed since then. Not a bad name, but doesn't have the nice dividend that others in the space do.
Not the first place he'd put money. Dead money absent other catalysts. On a really sharp pullback, you could add. If you own it, it's a fine hold.
Utility-type companies should perform better once rates start to come down a bit, which hasn't started yet. Most downside has probably occurred, though could potentially retest. Value play, could pick away at these levels, not wild about it.
At current levels we would consider TA 'OK'. But, it has not created much long term value, and has had to cut its dividend in the past. We would far prefer BEPC or H and would be comfortable swapping.
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TransAlta renewables better business. Current valuation is cheap. Expecting higher share price. Dividend not as high as peers. Good stock to own going forward.
On the surface, it looks like they will generate a lot of free cash flow per share, but their debt is huge and they plan to spend around $3.5 billion through 2028. Can they increase their dividend? What if interest rates go up a lot in coming years? The dividend, though just increased, remains low. The PE is not cheap enough.
Excellent performance the past year given tough year with rising interest rates.
Current share price undervalued - should be $15 or $16.
Strong business that will continue to own shares in.
Renewable business roll-up not a concern.
Does not own shares in company.
Lower yield (~1%) than renewable side of business.
Would prefer other income generating stocks.
RNW is a yield proxy, and those have fallen, with decent yield and nice EPS growth. Parent company is taking it over, pending approval. The real question is what do you do with TA? Transaction looks slightly dilutive. Long term, bigger flow in a simplified structure, which could lead to a higher valuation.
Backdrop for TA is really supportive, solid balance sheet, compelling free cashflow yield of 15%. Could be synergies. He likes TA post-closing.
Transalta Corp is a Canadian stock, trading under the symbol TA-T on the Toronto Stock Exchange (TA-CT). It is usually referred to as TSX:TA or TA-T
In the last year, 9 stock analysts published opinions about TA-T. 5 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Transalta Corp.
Transalta Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Transalta Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered Transalta Corp In the last year. It is a trending stock that is worth watching.
On 2024-11-01, Transalta Corp (TA-T) stock closed at a price of $14.36.
Our PAST TOP PICK with TA has achieved its target at $13. To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $11) to $12.