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After finishing at $9.17 in the prior trading day, Teekay Corporation Ltd. (NYSE: TK) closed at $8.84, down -3.60%. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 0.7 million shares were traded. TK stock price reached its highest trading level at $9.11 during the session, while it also had its lowest trading level at $8.84.
Ratios:
Our goal is to gain a better understanding of TK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.46. For the most recent quarter (mrq), Quick Ratio is recorded 8.56 and its Current Ratio is at 8.99. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 24 ’24 when Speers Brody bought 8,679 shares for $9.13 per share.
Semple Alan bought 33,487 shares of TK for $273,907 on Aug 29 ’24. On Aug 14 ’24, another insider, Antturi Peter, who serves as the Director of the company, bought 27,848 shares for $7.50 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TK now has a Market Capitalization of 842135552 and an Enterprise Value of 1316135680. As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 0.981 whereas that against EBITDA is 2.736.
Stock Price History:
Over the past 52 weeks, TK has reached a high of $9.95, while it has fallen to a 52-week low of $6.41. The 50-Day Moving Average of the stock is 4.66%, while the 200-Day Moving Average is calculated to be 7.30%.
Shares Statistics:
The stock has traded on average 647.72K shares per day over the past 3-months and 777170 shares per day over the last 10 days, according to various share statistics. A total of 91.01M shares are outstanding, with a floating share count of 58.63M. Insiders hold about 36.15% of the company’s shares, while institutions hold 49.16% stake in the company. Shares short for TK as of 1727654400 were 576497 with a Short Ratio of 0.89, compared to 1724976000 on 929488. Therefore, it implies a Short% of Shares Outstanding of 576497 and a Short% of Float of 0.97.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.31.
