Friday February 24th 2017: TransCanada Corporation, TRP is in the exchange NYSE and its industry is Oil & Gas Pipelines in the sector of Basic Materials. Based in Canada, TransCanada Corporation, TRP has a market cap of 42.49 B. Since its IPO date on the 12/30/1987, TransCanada Corporation, TRP performance year to date is 9.01%. Today TransCanada Corporation, TRP has gained 0.59%, with a current price of 49.51.
Ownership of the company is *TBA for insider ownership while institutional ownership is 60.20%. The management of the company have seen the company have a payout ratio of 286.90%. Return of assets are at 0.60%, with return on investment at 3.30%.
In terms of debt levels and profit levels, TransCanada Corporation, TRP is seeing a long-term debt/equity of 2.06. While Total debt/equity is 2.26. With a profit margin of 3.80%, this is combined with a gross margin of 52.70%, and operating margin of 23.80%. TransCanada Corporation ability to meet debt levels, with a current ratio of 0.9, while the quick ratio is 0.8.
For the last year TransCanada Corporation, TRP has seen a EPS growth of 109.30%. A performance for the year of 5.24%. The 52-week high is -0.51%, and the 52-week low is 15.98%. The average volume for TransCanada Corporation, TRP is 24207.
With a target price of 53.78, can TransCanada Corporation, TRP reach this target? Looking at the value indicators of TransCanada Corporation, TRP. TransCanada Corporation has a P/E of 96.51 and a forward P/E of 20.36. Perhaps the more useful indicator than P/E, is PEG which has a value of 15.97. TransCanada Corporation also has a P/S and a P/B of 4.11 and 2.7 respectively. For P/cash, TransCanada Corporation has a value of 61.57, while it is *TBA for P/free cash flow.
At the current price of 49.51, TransCanada Corporation has a dividend yield of 3.41%. We see a return on equity of 2.90%.
Looking more long-term TransCanada Corporation, is projected to get an EPS growth for the next five years of 6.04%. In the short-term an EPS growth of 8.53% in the next year is forecasted. This is after a EPS growth of 109.30% for this year and for the last five years a -40.40% growth has been seen.