Teekay Corp (TK) Shares Decline by -1.33% to Close at $7.44

As of close of business last night, Teekay Corp’s stock clocked out at $7.44, down -1.33% from its previous closing price of $7.54. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 872869 shares were traded. TK stock price reached its highest trading level at $7.57 during the session, while it also had its lowest trading level at $7.38.

Ratios:

To gain a deeper understanding of TK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.09. 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 677.09M and an Enterprise Value of 408.22M. As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.27 whereas that against EBITDA is 0.59.

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 7.94, while the 200-Day Moving Average is calculated to be 6.80.

Shares Statistics:

It appears that TK traded 709.94K shares on average per day over the past three months and 1.01M shares per day over the past ten days. A total of 91.01M shares are outstanding, with a floating share count of 59.01M. Insiders hold about 35.11% of the company’s shares, while institutions hold 52.50% stake in the company. Shares short for TK as of Jan 31, 2024 were 720.37k with a Short Ratio of 1.01, compared to 665.34k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.79% and a Short% of Float of 1.23%.

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

As of right now, 0 analysts gave their recommendation on the stock of the company. 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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