The name Teekay Corporation (TK) should be kept on your radar

In the latest session, Teekay Corporation (NYSE: TK) closed at $5.57 down -4.62% from its previous closing price of $5.84. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 2068066 shares were traded. TK stock price reached its highest trading level at $5.70 during the session, while it also had its lowest trading level at $5.43.

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Ratios:

For a deeper understanding of Teekay Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.09. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 3.80. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.76.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA/Merrill on October 22, 2018, initiated with a Buy rating and assigned the stock a target price of $8.

Valuation Measures:

As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.90.

Stock Price History:

Over the past 52 weeks, TK has reached a high of $6.43, while it has fallen to a 52-week low of $2.54. The 50-Day Moving Average of the stock is 5.17, while the 200-Day Moving Average is calculated to be 4.03.

Shares Statistics:

For the past three months, TK has traded an average of 1.14M shares per day and 1.98M over the past ten days. A total of 101.03M shares are outstanding, with a floating share count of 70.55M. Insiders hold about 41.70% of the company’s shares, while institutions hold 32.40% stake in the company. Shares short for TK as of Jan 12, 2023 were 1.01M with a Short Ratio of 0.96M, compared to 894.72k on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.00% and a Short% of Float of 1.80%.

Dividends & Splits

The current Payout Ratio is 0.00% for TK, which recently paid a dividend on Feb 13, 2019 with an ex-dividend date of Nov 03, 2021. Stock splits for the company last occurred on May 17, 2004 when the company split stock in a 2:1 ratio.

Earnings Estimates

There are 0 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.