Is TransAlta Renewables Inc stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, TransAlta Renewables Inc pays dividends. Last time was Friday 29th of September 2023 where the investors holding the stock on Thursday 14th of September 2023 were paid $0.07833 per share. Over the last 121 times between 2013 and 2023, TransAlta Renewables Inc has paid $8.9899 with an average of $0.07 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for TransAlta Renewables Inc 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $13.34, you would have made a loss of $-0.860 per share or -6.45%
Yes, the average daily trading liquidity for TransAlta Renewables Inc is $550 083 thousand. You should therefore be able to get in and out of your positions relatively fast.
TransAlta Renewables Inc has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.24, the company's ability to pay off the debt is normal. TransAlta Renewables Inc has a very good net profit margin of 26.34% and should have very high tolerances against inflation.
We have calculated the inflation risk for TransAlta Renewables Inc to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.