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How to buy TransAlta Corporation stock

Own TransAlta Corporation stock in just a few minutes.

TransAlta Corporation is an utilities-independent power producers business based in the US. TransAlta Corporation shares (TAC) are listed on the NYSE and all prices are listed in US Dollars. TransAlta Corporation employs 1,476 staff and has a market cap (total outstanding shares value) of 0.00.

How to buy shares in TransAlta Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – TAC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

TransAlta Corporation share price

Use our graph to track the performance of TAC stocks over time.

TransAlta Corporation shares at a glance

Information last updated 2021-03-10.
52-week range$3.56 - $9.74
50-day moving average $8.96
200-day moving average $7.27
Wall St. target price$6.43
PE ratio 27.5986
Dividend yield $0.12 (1.42%)
Earnings per share (TTM) $-0.71

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy TransAlta Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is TransAlta Corporation under- or over-valued?

Valuing TransAlta Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TransAlta Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

TransAlta Corporation's P/E ratio

TransAlta Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, TransAlta Corporation shares trade at around 28x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

TransAlta Corporation financials

Gross profit TTM $661 million
Return on assets TTM -0.1%
Return on equity TTM -6.75%
Profit margin -13.66%
Book value $5.84
Market capitalisation $2.3 billion

TTM: trailing 12 months

Shorting TransAlta Corporation shares

There are currently 1.5 million TransAlta Corporation shares held short by investors – that's known as TransAlta Corporation's "short interest". This figure is 26.8% up from 1.2 million last month.

There are a few different ways that this level of interest in shorting TransAlta Corporation shares can be evaluated.

TransAlta Corporation's "short interest ratio" (SIR)

TransAlta Corporation's "short interest ratio" (SIR) is the quantity of TransAlta Corporation shares currently shorted divided by the average quantity of TransAlta Corporation shares traded daily (recently around 250159.66386555). TransAlta Corporation's SIR currently stands at 5.95. In other words for every 100,000 TransAlta Corporation shares traded daily on the market, roughly 5950 shares are currently held short.

However TransAlta Corporation's short interest can also be evaluated against the total number of TransAlta Corporation shares, or, against the total number of tradable TransAlta Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TransAlta Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 TransAlta Corporation shares in existence, roughly 10 shares are currently held short) or 0.0054% of the tradable shares (for every 100,000 tradable TransAlta Corporation shares, roughly 5 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against TransAlta Corporation.

Find out more about how you can short TransAlta Corporation stock.

TransAlta Corporation share dividends

We're not expecting TransAlta Corporation to pay a dividend over the next 12 months.

TransAlta Corporation share price volatility

Over the last 12 months, TransAlta Corporation's shares have ranged in value from as little as $3.5612 up to $9.741. A popular way to gauge a stock's volatility is its "beta".

TAC.US volatility(beta: 1.34)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while TransAlta Corporation's is 1.3429. This would suggest that TransAlta Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

TransAlta Corporation overview

TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through Canadian Coal, U. S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, and Energy Marketing segments. The company generates and markets electricity through various generation fuels, such as coal, natural gas, water, solar, and wind. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives. The company operates facilities with approximately 8,385 megawatts of aggregate generating capacity.

Frequently asked questions

What percentage of TransAlta Corporation is owned by insiders or institutions?
Currently 0.218% of TransAlta Corporation shares are held by insiders and 72.832% by institutions.
How many people work for TransAlta Corporation?
Latest data suggests 1,476 work at TransAlta Corporation.
When does the fiscal year end for TransAlta Corporation?
TransAlta Corporation's fiscal year ends in December.
Where is TransAlta Corporation based?
TransAlta Corporation's address is: 110-12th Avenue SW, Calgary, AB, Canada, T2P 2M1
What is TransAlta Corporation's ISIN number?
TransAlta Corporation's international securities identification number is: CA89346D1078
What is TransAlta Corporation's CUSIP number?
TransAlta Corporation's Committee on Uniform Securities Identification Procedures number is: 89346D107

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