- TransAlta reported second-quarter hydro adjusted EBITDA of C$126 million, surpassing the estimate of C$80.8 million.
- Gas adjusted EBITDA for the same period was C$128 million, exceeding the forecast of C$107.1 million.
- Energy Marketing adjusted EBITDA was slightly below expectations, at C$26 million compared to an estimate of C$26.3 million.
- Analyst ratings for TransAlta include 8 buy recommendations, 2 hold recommendations, and 1 sell recommendation.
A look at TransAlta Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
TransAlta Corporation, a non-regulated electric generation and marketing company with a growth strategy centered on coal and gas-fired generation, showcases a positive long-term outlook according to Smartkarma Smart Scores. With an impressive Growth score of 5 and a Momentum score of 4, the company appears well-positioned for future expansion and market performance. While Value and Dividend scores stand at 2, indicating room for improvement in these areas, TransAlta Corp‘s Resilience score of 3 suggests a moderate ability to withstand economic challenges.
Overall, TransAlta Corp‘s Smartkarma Smart Scores paint a picture of a company with solid growth potential and market momentum. The focus on developing coal and gas-fired generation in key markets such as Australia, Canada, the United States, and Mexico further solidifies its strategic approach to long-term success in the electric generation industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
