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TransAlta Corporation is currently in a long term uptrend where the price is trading 16.0% above its 200 day moving average.
From a valuation standpoint, the stock is 83.4% cheaper than other stocks from the Utilities sector with a price to sales ratio of 1.6.
TransAlta Corporation's total revenue sank by 10.7% to $544M since the same quarter in the previous year.
Its net income has dropped by 294.7% to $-148M since the same quarter in the previous year.
Finally, its free cash flow fell by inf% to $-106M since the same quarter in the previous year.
Based on the above factors, TransAlta Corporation gets an overall score of 2/5.
Exchange | NYSE |
---|---|
CurrencyCode | USD |
ISIN | CA89346D1078 |
Industry | Utilities - Independent Power Producers |
Sector | Utilities |
Dividend Yield | 2.1% |
---|---|
Market Cap | 3B |
PE Ratio | 20.44 |
Target Price | 11.29 |
Beta | 0.55 |
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
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