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Teck Resources Ltd (NYSE: TECK) closed the day trading at $48.41 down -2.81% from the previous closing price of $49.81. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 3.57 million shares were traded. TECK stock price reached its highest trading level at $49.71 during the session, while it also had its lowest trading level at $48.26.
Ratios:
For a better understanding of TECK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.41.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TECK now has a Market Capitalization of 25797834752 and an Enterprise Value of 39892951040. As of this moment, Teck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.31, and their Forward P/E ratio for the next fiscal year is 21.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 2.622 whereas that against EBITDA is 7.4.
Stock Price History:
The Beta on a monthly basis for TECK is 1.05, which has changed by 0.14688468 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, TECK has reached a high of $55.13, while it has fallen to a 52-week low of $34.38. The 50-Day Moving Average of the stock is -3.07%, while the 200-Day Moving Average is calculated to be 12.61%.
Shares Statistics:
Over the past 3-months, TECK traded about 3.17M shares per day on average, while over the past 10 days, TECK traded about 3555551 shares per day. A total of 509.67M shares are outstanding, with a floating share count of 504.70M. Insiders hold about 2.60% of the company’s shares, while institutions hold 74.05% stake in the company. Shares short for TECK as of 1719532800 were 5648085 with a Short Ratio of 1.65, compared to 1717113600 on 5795779.
Dividends & Splits
TECK’s forward annual dividend rate is 0.37, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.010038145The stock’s 5-year Average Dividend Yield is 1.09. The current Payout Ratio is 10.71% for TECK, which recently paid a dividend on 2024-06-17 with an ex-dividend date of 1726185600. Stock splits for the company last occurred on 2007-05-11 when the company split stock in a 2:1 ratio.
Earnings Estimates
The stock of Teck Resources Ltd (TECK) is currently drawing attention from 9.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.51 for the current quarter, with a high estimate of $0.62 and a low estimate of $0.44, while EPS last year was $0.9. The consensus estimate for the next quarter is $0.51, with high estimates of $0.92 and low estimates of $0.2.
Analysts are recommending an EPS of between $3.33 and $1.42 for the fiscal current year, implying an average EPS of $2.38. EPS for the following year is $2.39, with 14.0 analysts recommending between $3.42 and $1.4.
Revenue Estimates
3 analysts predict $2.92B in revenue for the current quarter. It ranges from a high estimate of $3.04B to a low estimate of $2.84B. As of the current estimate, Teck Resources Ltd’s year-ago sales were $2.59BFor the next quarter, 3 analysts are estimating revenue of $2.7B. There is a high estimate of $3.42B for the next quarter, whereas the lowest estimate is $2.2B.
A total of 15 analysts have provided revenue estimates for TECK’s current fiscal year. The highest revenue estimate was $13.27B, while the lowest revenue estimate was $10.13B, resulting in an average revenue estimate of $11.42B. In the same quarter a year ago, actual revenue was $10.97BBased on 15 analysts’ estimates, the company’s revenue will be $8.76B in the next fiscal year. The high estimate is $12.79B and the low estimate is $7.44B.
