What is Atb Cap Markets’ Estimate for TransAlta Q3 Earnings?

TransAlta Co. (TSE:TA) (NYSE:TAC) – Equities researchers at Atb Cap Markets dropped their Q3 2025 earnings estimates for shares of TransAlta in a note issued to investors on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $0.08 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 analysts also recently weighed in on TA. ATB Capital lifted 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. Jefferies Financial Group raised their price objective on shares of TransAlta from C$20.00 to C$27.00 and gave the company a “buy” rating in a research note on Tuesday, October 14th. Scotiabank raised their price objective on shares of TransAlta from C$23.00 to C$27.00 and gave the company an “outperform” rating in a research note on Monday. TD Securities raised their price objective on shares of TransAlta from C$19.00 to C$20.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Finally, National Bankshares raised their price objective on shares of TransAlta from C$16.00 to C$17.00 and gave the company an “outperform” rating in a research note on Tuesday, August 5th. One research 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’s stock. Based on data from MarketBeat, TransAlta has a consensus rating of “Buy” and a consensus price target of C$21.44.

TransAlta Stock Down 1.1%

Shares of TSE:TA opened at C$23.41 on Wednesday. The company has a market cap of C$6.94 billion, a price-to-earnings ratio of -43.35, a PEG ratio of -0.07 and a beta of 0.73. The firm’s 50-day simple moving average is C$18.89 and its 200-day simple moving average is C$15.78. The company has a quick ratio of 0.62, a current ratio of 0.74 and a debt-to-equity ratio of 229.66. TransAlta has a fifty-two week low of C$11.16 and a fifty-two week high of C$24.37.

TransAlta Company Profile

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.