Q3 Earnings Forecast for TransAlta Issued By Atb Cap Markets

TransAlta Co. (TSE:TA) (NYSE:TAC) – Equities researchers at Atb Cap Markets cut their Q3 2025 earnings estimates for TransAlta in a research note issued to investors on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.08 per share for the quarter, down from their previous estimate of $0.18. Atb Cap Markets also issued estimates for TransAlta’s FY2025 earnings at $0.43 EPS.

Several other research firms have also recently weighed in on TA. CIBC upped their price objective on shares of TransAlta from C$20.00 to C$26.00 and gave the stock an “outperform” rating in a research report on Monday. Jefferies Financial Group upped their target price on TransAlta from C$20.00 to C$27.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. ATB Capital upped their target price on TransAlta from C$18.00 to C$20.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 5th. Desjardins upped their target price on TransAlta from C$16.50 to C$21.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, Scotiabank upped their target price on TransAlta from C$23.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$22.22.

TransAlta Price Performance

TA stock opened at C$23.41 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.62 and a debt-to-equity ratio of 229.66. The company’s 50 day moving average is C$19.02 and its 200 day moving average is C$15.84. The stock has a market cap of C$6.94 billion, a price-to-earnings ratio of -43.35, a price-to-earnings-growth ratio of -0.07 and a beta of 0.73. TransAlta has a 1-year low of C$11.16 and a 1-year high of C$24.37.

About TransAlta

TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company’s revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.