TC Energy Stock Target Price and Analyst Consensus

TRP Stock  USD 36.03  0.12  0.33%   
The current analyst and expert consensus on TC Energy is Buy with 13 hold recommendations. The current projected TC Energy target price consensus is 42.92 with 23 analyst opinions. One of the most common ways TC Energy Corp analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to TC Energy vendors, executives, and/or customers. TC Energy recommendation module provides expert sentiment on the projected TC Energy Corp target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on TC Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
39.06
Highest Forecast
47.64
Target Price
42.92
At this time, TC Energy's Net Profit Margin is relatively stable compared to the past year. As of 04/23/2024, Gross Profit Margin is likely to grow to 0.53, while Gross Profit is likely to drop slightly above 5.9 B. At this time, TC Energy's Net Receivables is relatively stable compared to the past year. As of 04/23/2024, Common Stock Total Equity is likely to grow to about 29.6 B, while Short and Long Term Debt Total is likely to drop slightly above 32.4 B.
  
It's important to approach TC Energy's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize TC Energy price targets

TC Energy's stock target price is an estimate of its future price, usually made by analysts. Using TC Energy's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at TC Energy's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if TC Energy's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional TC Energy Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of TC Energy is a key component of TC Energy valuation and have some predictive power on the future returns of a TC Energy.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TC Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
34.8435.9737.10
Details
Intrinsic
Valuation
LowRealHigh
32.4339.8841.01
Details
Naive
Forecast
LowNextHigh
34.0935.2236.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.710.800.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TC Energy. Your research has to be compared to or analyzed against TC Energy's peers to derive any actionable benefits. When done correctly, TC Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TC Energy Corp.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested a lot of shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:
Check out Macroaxis Advice on TC Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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.
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The data published in TC Energy's official financial statements usually reflect TC Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of TC Energy Corp. For example, before you start analyzing numbers published by TRP accountants, it's critical to develop an understanding of what TC Energy's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of TC Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TC Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in TC Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TC Energy Corp. Please utilize our Beneish M Score to check the likelihood of TC Energy's management manipulating its earnings.