Ready to Jump After Recent Trade: Teck Resources Ltd (TECK)

With 2.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.25 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $53.03 whereas the lowest price it dropped to was $51.65. The 52-week range on TECK shows that it touched its highest point at $52.74 and its lowest point at $34.38 during that stretch. It currently has a 1-year price target of $54.12. With its current market cap of 26.99 billion, TECK has annualized dividend of $0.37 while the current yield stands at 0.71%. TECK paid its most recent dividend on 1710374400, while the ex-dividend date for that was 1718582400. Beta for the stock currently stands at 1.09.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TECK was up-trending over the past week, with a rise of 5.12%, but this was up by 10.61% over a month. Three-month performance surged to 38.31% while six-month performance rose 43.02%. The stock gained 16.18% in the past year, while it has gained 23.33% so far this year. A look at the trailing 12-month EPS for TECK yields 2.27 with Next year EPS estimates of 2.12. For the next quarter, that number is 0.50. This implies an EPS growth rate of -36.77% for this year and -12.04% for next year. EPS is expected to decline by -12.79% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.70%.

Float and Shares Shorts:

At present, 509.67 million TECK shares are outstanding with a float of 504.22 million shares on hand for trading. On 2024-04-30, short shares totaled 6.24 million, which was 120.0 higher than short shares on 1711584000. In addition to Mr. Jonathan H. Price M.B.A. as the firm’s President, CEO & Director, Ms. Crystal J. Prystai serves as its Senior VP & CFO.

Institutional Ownership:

Through their ownership of 0.77171 of TECK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, TECK reported revenue of $3988000000.0 and operating income of $932000000.0. The EBITDA in the recently reported quarter was $1536000000.0 and diluted EPS was $0.65.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TECK since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.