TransCanada Corporation (NYSE:TRP) PEG Ratio At 4.75


Market experts has given a mean price target of $49.33 to TransCanada Corporation (NYSE:TRP) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.53 for the near-term quarter and $1.95 for this year.

Technical View

The technical assessment of TransCanada Corporation Common pinpoints that the 50-day moving average of TransCanada Corporation (NYSE:TRP) stock is $46.80, and is trading $0.31 points away or +0.66% from 50-day moving average of $46.80. It is trading $4.27 or +9.96% off 200-day MA of $42.84.

The 52-week high of TransCanada Corporation (NYSE:TRP) was $48.34 while $28.40 is the low point in the same period. TransCanada Corporation Common share price has to rise more than $-1.23 to register a high for 52-weeks or drop +65.88% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

TransCanada Corporation (NYSE:TRP) P/E ratio is N/A while PEG ratio is at 4.75. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

TransCanada Corporation Common stock recorded a close of $47.11 in last trading session, which brings it market cap to $37.69B.

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