Walterdale suspension bridge and saskatchewan river with skyline in Edmonton Alberta Canada at dusk Anthony Mance/iStock via Getty Images Note: All amounts disclosed are in Canadian Dollars. Stock prices refer to the TSX prices. On our previous article on TransAlta Corporation (TSX:TA:CA), we stuck with the bull case. This was after the stock had continued to disappoint. We were bullish on Alberta Power prices as well the company's best-in-class hedging activities. Specifically, we said, The "over-hedging" ...

CALGARY, Alberta, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Further to the news release of TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) dated August 22, 2024, the Company announced today the applicable dividend rates for its cumulative redeemable rate reset first preferred shares Series G ("Series G Shares") (TSX: TA.PR.J) and cumulative redeemable floating rate first preferred shares Series H of the Company ("Series H Shares"). With respect to any Series G Shares that remain outstandi ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leavin ...

CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding cumulative redeemable rate reset first preferred shares Series G ("Series G Shares") (TSX: TA.PR.J) on September 30, 2024 (the "Conversion Date"). As a result, the holders of the Series G Shares will have the right to convert all or any of their Series G Shares into cu ...

Generated record Q2 Contribution ex-TAC, programmatic revenue and CTV revenue Achieved 27% year-over-year Adjusted EBITDA growth in Q2 2024 while expanding Adjusted EBITDA Margin as a percentage of Contribution ex-TAC to 32% from 26% in Q2 2023 Reaffirming full year 2024 Contribution ex-TAC and Adjusted EBITDA guidance Launched $50 million Ordinary Share repurchase program and fully repaid the Company's outstanding longterm debt in Q2 2024 NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd ...

stuckreed/iStock via Getty Images For 2024 Investment case TransAlta Corponation (TSX:TA.CA) (NYSE:TAC) continus: its strong performance. Since my last publication on May 1, TimasAlta: Prefereds, Offer Lucative Yields, Common Share TA:CA - TransAlta Corporation $11.42 -0.055 (-0.48%) 11.27 AM 08/20/24 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------|-------|----------|-------|-------|------------------------|-----------|---------------- ...

TransAlta Corporation (TAC) is committed to being a leader in clean electricity by delivering customercentered power solutions. The company benefits from its focus on sustainable energy projects. Given its growth opportunities, TAC makes for a solid investment option in the utility sector. The company currently carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. Growth Projections & Surprise History The Zacks Consensus Estimate for 2024 earnings per share (EPS) has increased ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...

TransAlta Corporation (TAC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TAC's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross." A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages ...

TransAlta (TAC) closed the last trading session at $8.05, gaining 9.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.12 indicates a 63% upside potential. The average comprises seven short-term price targets ranging from a low of $10.08 to a high of $19.18, with a standard deviation of $3.64. While the lowest estimate indicates an increase of 25.2% from the current price level ...