Teck Resources (TECK.B) Stock Price, News & Analysis

Company Overview

Teck is a diversified miner with coal, copper, zinc, and oil sands operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc and oil sands contributing smaller amounts to earnings. Teck ranks as the world's second- largest exporter of seaborne metallurgical coal and is a top-three zinc miner. It is building a major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, which will increase Teck's attributable copper production by around 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper.

Key Stats

• Today's Range: C$53.70 to C$56.60
• 50-Day Range: C$43.33 to C$57.99
• 52-Week Range: C$40.23 to C$72.92
• Volume: 4.25 million shs
• Average Volume: 1.49 million shs
• Market Capitalization: C$26.43 billion
• P/E Ratio: 93.19
• Dividend Yield: 0.93%
• Price Target: C$64.35
• Consensus Rating: Moderate Buy

Teck Resources Stock Analysis - MarketRank™

Teck Resources scored higher than 49% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Teck Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Teck Resources has a consensus price target of C$64.35, representing about 19.0% upside from its current price of C$54.05.

Amount of Analyst Coverage

Teck Resources has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Teck Resources is 93.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Teck Resources is 93.19, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 156.81.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Teck Resources, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Teck Resources has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TECK.B.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Teck Resources has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Teck Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Teck Resources is 86.21%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TECK.B.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.39

News Sentiment

Teck Resources has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Teck Resources this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for TECK.B on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Teck Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Teck Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.95% of the stock of Teck Resources is held by insiders.

Percentage Held by Institutions

50.01% of the stock of Teck Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TECK.B Stock Analysis - Frequently Asked Questions

How have TECK.B shares performed this year?

Teck Resources' stock was trading at C$58.28 at the start of the year. Since then, TECK.B shares have decreased by 7.3% and is now trading at C$54.05.

How do I buy shares of Teck Resources?

Shares of TECK.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Industrial Metals & Minerals
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: TSE:TECK.B
• Previous Symbol: TSE:TECK-B
• CIK: N/A
• Web: www.teck.com
• Phone: +1-604-6994000
• Fax: N/A
• Employees: 12,100
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Teck Resources: C$64.35
• High Price Target: C$78.00
• Low Price Target: C$55.00
• Potential Upside/Downside: +18.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.58
• Trailing P/E Ratio: 93.84
• Forward P/E Ratio: 22.15
• P/E Growth: -0.38
• Net Income: C$1.46 billion
• Net Margins: 9.41%
• Pretax Margin: N/A
• Return on Equity: 5.03%
• Return on Assets: 3.62%

Debt

• Debt-to-Equity Ratio: 37.46
• Current Ratio: 1.48
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: C$9.96 billion
• Price / Sales: 2.67
• Cash Flow: C$5.54 per share
• Price / Cash Flow: 9.82
• Book Value: C$51.02 per share
• Price / Book: 1.07

Miscellaneous

• Outstanding Shares: 488,900,000
• Free Float: N/A
• Market Cap: C$26.61 billion
• Optionable: Not Optionable
• Beta: 1.60