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TransAlta (TAC)

(Delayed Data from NYSE)

$8.87 USD

8.87
708,073

+0.04 (0.45%)

Updated Aug 29, 2024 04:00 PM ET

After-Market: $8.86 -0.01 (-0.11%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value F Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 31% (77 out of 251)

Industry: Utility - Electric Power

Better trading starts here.

Zacks News

Wall Street Analysts Think TransAlta (TAC) Could Surge 47.5%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 47.5% in TransAlta (TAC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Reasons to Add Xcel Energy Stock to Your Portfolio Right Now

XEL makes a strong case for investment given its growth prospects, strong ROE, highly efficient operations and capability to increase shareholders' value through dividend payouts.

Reasons to Add TransAlta (TAC) to Your Portfolio Right Now

TransAlta (TAC) makes a strong case for investment, given its growth prospects, strong ROE and capability to increase shareholders' value.

Reasons to Add Evergy (EVRG) to Your Portfolio Right Now

Evergy (EVRG) makes a strong case for investment, given its growth prospects, debt management and capability to increase shareholders' value.

Is TransAlta (TAC) Stock Undervalued Right Now?

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.

Reasons to Add OGE Energy (OGE) to Your Portfolio Now

OGE Energy (OGE) makes a strong case for investment, given its growth prospects, debt management and capability to increase shareholders' value.

Here's Why You Should Add NiSource (NI) to Your Portfolio Now

NiSource (NI) makes a strong case for investment, given its growth prospects, debt management and capability to increase shareholders' value.

Wall Street Analysts Believe TransAlta (TAC) Could Rally 62.98%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 63% in TransAlta (TAC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

FirstEnergy (FE) Q2 Earnings On Par, Revenues Lag Estimates

FirstEnergy's (FE) second-quarter earnings are on par with estimates. The company continues to make strategic investments to further strengthen and expand its transmission and distribution operation.

PPL to Release Q2 Earnings: Here's What You Need to Know

PPL's second-quarter 2024 results are likely to benefit from increased transmission investments and ongoing savings in operation and maintenance costs.

Dominion Energy (D) to Post Q2 Earnings: What to Expect

Dominion Energy's (D) second-quarter earnings are likely to have benefited from strong demand from data centers and solid customer growth in Virginia and South Carolina.

Alliant Energy (LNT) to Post Q2 Earnings: What's in Store?

Alliant Energy's (LNT) second-quarter results are expected to benefit from new solar projects. However, higher operation and maintenance and depreciation expenses might have impacted negatively.

Exelon (EXC) to Post Q2 Earnings: Here's What You Need to Know

Exelon's (EXC) second-quarter 2024 results are expected to continue to benefit from decoupled revenues, new distribution rates, energy efficiency programs and cost-saving initiatives.

Should Value Investors Buy TransAlta (TAC) Stock?

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.

What's in Store for Pinnacle West Capital (PNW) in Q2 Earnings?

Pinnacle West Capital's (PNW) second-quarter 2024 results are expected to gain from the new Energy Management System and customer growth.

Xcel Energy (XEL) to Report Q2 Earnings: What's in Store?

Xcel Energy's (XEL) second-quarter earnings are likely to have benefited from new customer additions and higher demand from data centers.

Eversource Energy (ES) to Post Q2 Earnings: What's in Store?

Eversource Energy's (ES) second-quarter results are expected to benefit from warmer weather conditions in its service areas and investments. However, higher interest expenses might have had a negative impact.

Factors to Note Ahead of American Water's (AWK) Q2 Earnings

American Water Works' (AWK) second-quarter earnings are expected to have benefited from new rates and contributions from acquired assets.

Can Southern (SO) Maintain Its Beat Streak in Q2 Earnings?

Customer additions and lower costs are likely to have boosted The Southern Company's (SO) profit levels in the second quarter.

What Makes TransAlta (TAC) a New Strong Buy Stock

TransAlta (TAC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Wall Street Analysts See an 86.88% Upside in TransAlta (TAC): Can the Stock Really Move This High?

The mean of analysts' price targets for TransAlta (TAC) points to an 86.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Is AES (AES) Stock Undervalued Right Now?

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.

Should Value Investors Buy Pampa Energia (PAM) Stock?

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.

The Zacks Analyst Blog Highlights California Water Service, TransAlta, American Water Works, NRG Energy and American Electric Power

California Water Service, TransAlta, American Water Works, NRG Energy and American Electric Power are included in this Analyst Blog.