TC Pipelines, LP (TCP) Stock Forecast & Predictions

TC Pipelines, LP - Unit TCP: $30.21

700 Louisiana St Ste 700, Houston, Texas, US. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.tcpipelineslp.com/

  • Market Cap$2.15B
  • Change (52 Weeks)-15.62%
  • Low (52 Weeks)$16.52
  • TC Pipelines, LP (TCP) Forecast Based on Technical Analysis


    Neutral
    Based on 0 Technical Indicators where NaN% are on Buy, NaN% on Sell, and NaN% Neutral.

    According to the market data, TC Pipelines, LP (TCP) stock price is $30.21 and the 52 weeks low is $16.52, which means the TC Pipelines, LP stock price is down -15.62% in the last 12 months.

    TC Pipelines, LP (TCP) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 0 technical indicators, NaN% are indicating that TCP Stock price might rise further, NaN% indicating that TCP Stock price might fall, and NaN% are in a neutral position.

    Based on these technical algorithms, overall TCP stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a signal.

    TC Pipelines, LP (TCP) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for TC Pipelines, LP (TCP) is based on 13 Institutional Analyst Ratings where 38.46% are on Strong Buy, 23.08% on Moderate Buy, 38.46% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended TCP stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of TC Pipelines, LP.

    TC Pipelines, LP (TCP) Stock Price Prediction By Analysts


    HighLowAverage
    $46.20$29.29$37.23
    $37.2323.24% Upside
    Updated: 2021-02-28 00:00:00

    The Average Price target for TCP set by the institutional analysts is $37.23 where High Estimate is $46.20, Median $37.230000000000004 and Low $29.29.

    The average price target for TCP by Institutional Analysts is $37.23, which is 23.24% Upside from the current price. So according to the Institutional Analysts, TCP Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    TC Pipelines, LP (TCP) Stock Forecast Based on Investor Sentiment


    Neutral
    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with TCP stock holdings and found that 0.00% of them are bullish. Which means the Investor Sentiment is mostly Neutral.

    This shows most investors at this stage are confused about TCP stock price, whille half of them are optimistic that the price can rise further, half of them think the stock is overvalued and the price can fall anytime.

    TC Pipelines, LP (TCP) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoEqual-WeightDowngraded
    Raymond JamesMarket PerformInitiated
    Goldman SachsNeutralUpgraded
    JefferiesBuyInitiated
    JP MorganOverweightUpgraded
    Wells FargoOverweightMaintained
    RBC CapitalOutperformUpgraded
    BarclaysOverweightUpgraded
    UBSBuyUpgraded
    Bank of AmericaBuyUpgraded
    BarclaysEqual-WeightUpgraded
    Wells FargoOutperformUpgraded
    JP MorganUnderweightMaintained
    JP MorganUnderweightDowngraded
    Goldman SachsSellInitiated
    BarclaysUnderweightMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralDowngraded
    RBC CapitalSector PerformDowngraded
    Morgan StanleyUnderweightMaintained
    BarclaysUnderweightMaintained
    BarclaysUnderweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyUnderweightMaintained
    Bank of AmericaUnderperformDowngraded
    UBSNeutralDowngraded
    UBSBuyMaintained
    CitigroupBuyUpgraded
    Wells FargoMarket PerformMaintained
    UBSBuyMaintained
    BarclaysUnderweightMaintained
    Ladenburg ThalmannNeutralInitiated
    RBC CapitalOutperformUpgraded
    CitigroupNeutralMaintained
    BarclaysUnderweightDowngraded
    JP MorganNeutralMaintained
    Ladenburg ThalmannNeutralDowngraded
    Morgan StanleyUnderweightInitiated
    Bank of AmericaBuyUpgraded
    JP MorganNeutralMaintained
    Ladenburg ThalmannBuyUpgraded
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    JP MorganNeutralMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    BMO CapitalMarket PerformInitiated
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightUpgraded
    Ladenburg ThalmannNeutralDowngraded
    BarclaysUnderweightMaintained
    CitigroupNeutralUpgraded
    UBSBuyUpgraded
    Ladenburg ThalmannBuyUpgraded
    Wells FargoMarket PerformInitiated
    RBC CapitalSector PerformInitiated
    Bank of AmericaUnderperformDowngraded
    Ladenburg ThalmannNeutralDowngraded
    Ladenburg ThalmannBuyUpgraded
    Bank of AmericaBuyUpgraded
    BarclaysUnderweightDowngraded
    Bank of AmericaNeutralDowngraded
    CitigroupSellDowngraded
    Deutsche BankHoldMaintained
    Ladenburg ThalmannNeutralDowngraded
    CitigroupNeutralMaintained
    JP MorganUnderweightDowngraded
    UBSNeutralMaintained
    CitigroupNeutralMaintained
    Morgan StanleyUnderweightMaintained

    TC Pipelines, LP (TCP) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.776
    The average consensus EPS for TCP is $0.776 with a high estimate of $1.008 and Low of $0.549 for the period 2021-06-30 and based on 8 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.9$0.81507000000000012020-09-30


    The latest average Earning Per Share Estimate for TC Pipelines, LP is $0.78, which is lower than TCP's last EPS, $0.90. This means that Analysts are expecting TC Pipelines, LP to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of TC Pipelines, LP.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.9$0.81507000000000012020-09-30
    $0.78$0.75738889999999992020-06-30
    $1.21$1.24966292020-03-31
    $0.95$0.94363292019-12-31
    $0.76$0.73856252019-09-30
    $0.75$0.8388052019-06-30
    $1.28$1.13498752019-03-31
    $1.06$0.93144222018-12-31
    $0.79$0.75628800000000012018-09-30
    $1$0.81799899999999992018-06-30
    $1.32$1.0767612018-03-31
    $0.77$0.7724482017-12-31
    $0.61$0.66682222017-09-30
    $0.73$0.716092017-06-30
    $1.05$0.984752017-03-31
    $0.7$0.796892016-12-31
    $0.65$0.621152016-09-30
    $0.76$0.64976329999999992016-06-30
    $1.1$0.92288752016-03-31
    $0.79$0.732252015-12-31
    $0.7$0.63632015-09-30
    $0.66$0.621152015-06-30
    $0.88$0.74372362015-03-31
    $0.71$0.67945732014-12-31
    $0.48$0.58029552014-09-30
    $0.58$0.55550000000000012014-06-30
    $0.9$0.60141462014-03-31
    $0.63$0.597922013-12-31
    $0.58$0.658522013-09-30
    $0.4$0.50051562013-06-30
    $0.52$0.63966329999999992013-03-31
    $0.56$0.63742112012-12-31
    $0.64$0.64864220000000012012-09-30
    $0.6$0.66323672012-06-30
    $0.71$0.749422012-03-31
    $0.7$0.73022999999999992011-12-31
    $0.75$0.8206252011-09-30
    $0.69$0.71712011-06-30
    $0.9$0.78148752011-03-31
    $0.79$0.72088752010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).