Teekay Corp (TK) Beta: Monthly Comparison and Analysis

Teekay Corp (NYSE: TK) closed the day trading at $7.21 down -0.69% from the previous closing price of $7.26. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 552547 shares were traded. TK stock price reached its highest trading level at $7.31 during the session, while it also had its lowest trading level at $7.16.

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Ratios:

For a better understanding of TK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.05. For the most recent quarter (mrq), Quick Ratio is recorded 6.34 and its Current Ratio is at 6.73. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.27.

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:

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 656.15M and an Enterprise Value of 387.29M. As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 0.25 whereas that against EBITDA is 0.56.

Stock Price History:

Over the past 52 weeks, TK has reached a high of $9.27, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is 7.99, while the 200-Day Moving Average is calculated to be 6.84.

Shares Statistics:

Over the past 3-months, TK traded about 742.16K shares per day on average, while over the past 10 days, TK traded about 1.12M shares per day. A total of 91.01M shares are outstanding, with a floating share count of 59.05M. Insiders hold about 35.11% of the company’s shares, while institutions hold 52.48% stake in the company. Shares short for TK as of Feb 15, 2024 were 683.45k with a Short Ratio of 0.92, compared to 694.07k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.75% and a Short% of Float of 1.17%.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 5.31. The current Payout Ratio is 0.00% for TK, which recently paid a dividend on Feb 14, 2019 with an ex-dividend date of Jan 31, 2019. Stock splits for the company last occurred on May 18, 2004 when the company split stock in a 2:1 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 0 analysts. 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.

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