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$85.89 to C$86.78
• 50-Day Range: C$76.95 to C$97.69
• 52-Week Range: C$42.95 to C$98.58
• Volume: 231,137 shs
• Average Volume: 1.15 million shs
• Market Capitalization: C$42.16 billion
• P/E Ratio: 22.84
• Dividend Yield: 0.58%
• Price Target: C$81.08
• Consensus Rating: Hold

Teck Resources Stock Analysis - MarketRank™

Teck Resources scored higher than 26% 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: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Teck Resources has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 2 buy ratings, 8 hold ratings, and no sell ratings.

Downside Risk

Teck Resources has a consensus price target of C$81.08, representing about 5.8% downside from its current price of C$86.12.

Amount of Analyst Coverage

Teck Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Teck Resources is 22.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of Teck Resources is 22.84, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 21.47.

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 1.69. 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: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Teck Resources has a dividend yield of 0.59%, 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 13.26%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.41

News Sentiment

Teck Resources has a news sentiment score of 0.41. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Teck Resources this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.6 / 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

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

Percentage Held by Institutions

43.89% of the stock of Teck Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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$81.08
• High Price Target: C$104.00
• Low Price Target: C$60.00
• Potential Upside/Downside: -5.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): C$3.77
• Trailing P/E Ratio: 22.84
• Forward P/E Ratio: 35.04
• 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$12.41 billion
• Price / Sales: 3.40
• Cash Flow: C$8.77 per share
• Price / Cash Flow: 9.82
• Book Value: C$51.02 per share
• Price / Book: 1.69

Miscellaneous

• Outstanding Shares: 489,584,000
• Free Float: N/A
• Market Cap: C$42.16 billion
• Optionable: Not Optionable
• Beta: 1.76