STOCKSCOUTER

StockScouter Premium

StockScouter Screener and Portfolios are now in our premium offering.
Learn more or Get it now! Stockscouter Portfolio performance

TAC TRANSALTA CORPORATION StockScouter® Report

4

StockScouter® Score

TRANSALTA CORPORATION, a mid cap value company in the public utilities sector, is expected to slightly underperform the market over the next six months with slightly less than average risk

10 is the best possible rating. Learn more.

Summary

Positives

  • Short-term relative price momentum exhibits moderate strength. Postive/Neutral
  • Moving average analysis for TAC suggests flat price movement over the medium term. Neutral

 

Concerns

  • The most recent quarterly earnings report was significantly lower than analysts’ consensus forecast. Negative
  • The enterprise value-to-sales ratio is higher than the average for comparably-sized companies in the StockScouter universe. Negative

 

Short-term Outlook

Over the next 1-2 months, StockScouter forecasts that mid cap stocks will be in favor, value stocks will be neutral, and public utilities stocks will be in favor.

Expected Risk/Return

Progress: 40% done.
Progress: 40% done.
Low
High

Core Model Grades

F
C
D
C

Previous Ratings

5
4
5