Analytical Overview of Teck Resources Limited (NYSE:TCK)

92
u.s stocks update

Teck Resources Limited (NYSE:TCK) Belonging to the Basic Materials sector which declined -3.58% and closed its last trading session at $18.03.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 10/27/2016. Currently, the stock has a 1 Year Price Target of $16.73.

The consensus recommendation, according to Zacks Investment research, is 3.42. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.53 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.53 and 3.33 respectively.

Teck Resources Limited on 6/30/2016 reported its EPS as $0.01 with the analysts projecting the EPS of the stock as $-0.01. The company beat the analyst EPS Estimate with the difference of $0.02. This shows a surprise factor of 200%.

Many analysts have provided their estimated foresights on Teck Resources Limited Earnings, with 14 analysts believing the company would generate an Average Estimate of $0.17. Whereas they predicted High and Low Earnings Estimate as $0.27 and $0.1 respectively. While in the same Quarter Previous year, the Actual EPS was $0.05.

Analysts are also projecting an Average Revenue Estimate for Teck Resources Limited as $1.63 Billion in the Current Quarter. This estimate is provided by 8 analysts. The High Revenue estimate is predicted as 1.73 Billion, while the Low Revenue Estimate prediction stands at 1.56 Billion. The company’s last year sales total was 2.1 Billion.

For the Current Quarter, the growth estimate for Teck Resources Limited is 240%, while for the Next Quarter the stock growth estimate is 1233.3%. In the past 5 years, the stock showed growth of -55.28% per annum. While for the next 5 years, the growth estimate is 17.66%.

The Company got Upgrade by Morgan Stanley on 15-Sep-16 from Underweight to Equal-Weight.

21 analysts projected Price Targets for Teck Resources Limited. The analysts believe that the company stock price could grow as high as $22.82. The Low Price target projection by analysts is $8.37 and the Mean Price Target is $16.73.

Teck Resources Limited (NYSE:TCK) has the market capitalization of $10.78 Billion. The company rocked its 52-Week High of $19.08 on Sep 22, 2016 and touched its 52-Week Low of $2.56 on Jan 13, 2016. The stock has Return on Assets (ROA) of -7.3 percent. Return on Equity (ROE) stands at -15.1% and Return on Investment (ROI) of -8 percent.

The stock is currently showing YTD performance of 368.7 Percent. The company has Beta Value of 1.92 and ATR value of 0.9. The Weekly and Monthly Volatility stands at 4.23% and 4.99%.

Company profile:

Teck Resources Limited is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. It is a world leader in the production of copper, metallurgical coal and zinc, a significant producer of gold, molybdenum and specialty metals, with interests in several oil sands development assets. Headquartered in Vancouver, Canada, the company has expertise across the full range of activities related to mining, including exploration, development, smelting, refining, safety, environmental protection, product stewardship, recycling and research. The Company is actively exploring in countries throughout the Americas, Asia Pacific, Europe and Africa. Teck Resources Limited, formerly Teck Cominco Limited, is headquartered in Vancouver, Canada.