What is Atb Cap Markets’ Estimate for TransAlta Q1 Earnings?

TransAlta Co. (TSE:TA) (NYSE:TAC) – Stock analysts at Atb Cap Markets reduced their Q1 2026 earnings per share estimates for TransAlta in a report issued on Monday, November 17th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.12 per share for the quarter, down from their previous estimate of $0.13. Atb Cap Markets also issued estimates for TransAlta’s Q3 2026 earnings at $0.23 EPS, FY2026 earnings at $0.60 EPS and FY2027 earnings at $0.45 EPS.

TransAlta (TSE:TA) (NYSE:TAC) last issued its earnings results on Thursday, November 6th. The company reported C($0.20) earnings per share (EPS) for the quarter. The firm had revenue of C$615.00 million during the quarter. TransAlta had a net margin of 7.49% and a return on equity of 12.03%.

Other analysts have also recently issued reports about the stock. TD Securities dropped their price target on shares of TransAlta from C$27.00 to C$26.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. ATB Capital boosted their target price on shares of TransAlta from C$18.00 to C$20.00 and gave the company an “outperform” rating in a report on Tuesday, August 5th. Desjardins increased their target price on TransAlta from C$16.50 to C$21.00 and gave the stock a “hold” rating in a research report on Wednesday, October 22nd. Scotiabank lifted their price target on TransAlta from C$23.00 to C$27.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Finally, CIBC boosted their price objective on TransAlta from C$20.00 to C$26.00 and gave the company an “outperform” rating in a research note on Monday, October 20th. 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 MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$23.33.

TransAlta Trading Up 0.9%

Shares of TransAlta stock opened at C$20.18 on Wednesday. The stock has a market capitalization of C$5.99 billion, a P/E ratio of -31.53, a P/E/G ratio of -0.07 and a beta of 0.74. TransAlta has a 52-week low of C$11.16 and a 52-week high of C$25.03. The company has a debt-to-equity ratio of 229.66, a quick ratio of 0.62 and a current ratio of 0.74. The stock’s 50-day simple moving average is C$21.20 and its 200 day simple moving average is C$17.33.

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.