Is Teck Resources Stock a Good Investment?
Teck Resources Investment Advice | TECK |
- Examine Teck Resources' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Teck Resources' leadership team and their track record. Good management can help Teck Resources navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Teck Resources' business and its evolving consumer preferences.
- Compare Teck Resources' performance and market position to its competitors. Analyze how Teck Resources is positioned in terms of product offerings, innovation, and market share.
- Check if Teck Resources pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Teck Resources' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Teck Resources Ltd stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Teck Resources Ltd is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Teck Resources Stock
Researching Teck Resources' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 78.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.32. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Teck Resources has Price/Earnings To Growth (PEG) ratio of 2.02. The entity last dividend was issued on the 13th of December 2024. The firm had 2:1 split on the 11th of May 2007.
To determine if Teck Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Teck Resources' research are outlined below:
| Teck Resources generated a negative expected return over the last 90 days | |
| Teck Resources has a strong financial position based on the latest SEC filings | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 27th of September 2024 Teck Resources paid $ 0.4589 per share dividend to its current shareholders | |
| Latest headline from stockhead.com.au: Little hope of revival in nickel current conditions very challenging Glencore chief |
Teck Resources Quarterly Liabilities And Stockholders Equity |
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Teck Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Teck Resources Ltd. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Teck Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Teck Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Teck Resources' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2003-10-22 | 2003-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2003-07-23 | 2003-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2003-01-29 | 2002-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2002-10-23 | 2002-09-30 | 0.02 | 0.01 | -0.01 | 50 | ||
1998-11-16 | 1998-09-30 | 0.02 | 0.01 | -0.01 | 50 | ||
1998-02-05 | 1997-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
1997-10-21 | 1997-09-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2020-04-21 | 2020-03-31 | 0.19 | 0.17 | -0.02 | 10 |
Know Teck Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Teck Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Teck Resources Ltd backward and forwards among themselves. Teck Resources' institutional investor refers to the entity that pools money to purchase Teck Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 6.5 M | Goldman Sachs Group Inc | 2024-06-30 | 6.1 M | Td Asset Management Inc | 2024-09-30 | 5.9 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 5.7 M | Mackenzie Investments | 2024-09-30 | 5.5 M | Bank Of Montreal | 2024-06-30 | 5.4 M | Bmo Capital Markets Corp. | 2024-06-30 | 5.4 M | Bank Of America Corp | 2024-06-30 | 5.2 M | Amvescap Plc. | 2024-06-30 | 5.1 M | Fidelity International Ltd | 2024-06-30 | 19.3 M | Vanguard Group Inc | 2024-09-30 | 19.3 M |
Teck Resources' market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 23.88 B.Market Cap |
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Teck Resources' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.03 | |
| Return On Capital Employed | 0.09 | 0.06 | |
| Return On Assets | 0.04 | 0.03 | |
| Return On Equity | 0.09 | 0.06 |
Determining Teck Resources' profitability involves analyzing its financial statements and using various financial metrics to determine if Teck Resources is a good buy. For example, gross profit margin measures Teck Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Teck Resources' profitability and make more informed investment decisions.
Evaluate Teck Resources' management efficiency
Teck Resources has return on total asset (ROA) of 0.0527 % which means that it generated a profit of $0.0527 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0441 %, meaning that it created $0.0441 on every $100 dollars invested by stockholders. Teck Resources' management efficiency ratios could be used to measure how well Teck Resources manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.03. The value of Return On Capital Employed is expected to slide to 0.06. Total Current Liabilities is expected to rise to about 6.2 B this year. Liabilities And Stockholders Equity is expected to rise to about 59 B this year| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 54.49 | 57.22 | |
| Tangible Book Value Per Share | 51.69 | 54.28 | |
| Enterprise Value Over EBITDA | 6.71 | 8.07 | |
| Price Book Value Ratio | 1.08 | 1.25 | |
| Enterprise Value Multiple | 6.71 | 8.07 | |
| Price Fair Value | 1.08 | 1.25 | |
| Enterprise Value | 39.4 B | 41.4 B |
Teck Resources showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Dividend Yield 0.0077 | Forward Dividend Yield 0.0077 | Forward Dividend Rate 0.36 | Beta 1.361 |
Basic technical analysis of Teck Stock
As of the 22nd of November, Teck Resources has the Coefficient Of Variation of (14,779), variance of 5.51, and Risk Adjusted Performance of 0.0017. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Teck Resources, as well as the relationship between them.Teck Resources' Outstanding Corporate Bonds
Teck Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Teck Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Teck bonds can be classified according to their maturity, which is the date when Teck Resources Ltd has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Teck Resources' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Teck Resources' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0017 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 1.78 | |||
| Coefficient Of Variation | (14,779) | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.51 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 11.11 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 3.96 | |||
| Skewness | (0.45) | |||
| Kurtosis | 0.8137 |
| Risk Adjusted Performance | 0.0017 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 1.78 | |||
| Coefficient Of Variation | (14,779) | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.51 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 11.11 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 3.96 | |||
| Skewness | (0.45) | |||
| Kurtosis | 0.8137 |
Consider Teck Resources' intraday indicators
Teck Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Teck Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Teck Resources Corporate Filings
6K | 19th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 11th of September 2024 Other Reports | ViewVerify |
Teck Stock media impact
Far too much social signal, news, headlines, and media speculation about Teck Resources that are available to investors today. That information is available publicly through Teck media outlets and privately through word of mouth or via Teck internal channels. However, regardless of the origin, that massive amount of Teck data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Teck Resources news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Teck Resources relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Teck Resources' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Teck Resources alpha.
Teck Resources Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Teck Resources can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Teck Resources Historical Investor Sentiment
Investor biases related to Teck Resources' public news can be used to forecast risks associated with an investment in Teck. The trend in average sentiment can be used to explain how an investor holding Teck can time the market purely based on public headlines and social activities around Teck Resources Ltd. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Teck Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Teck Resources and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Teck Resources news discussions. The higher the estimate score, the more favorable the investor's outlook on Teck Resources.
Teck Resources Corporate Directors
| Tracey McVicar | Independent Director | Profile | |
| Chris Adachi | Director Change | Profile | |
| Edward Dowling | Independent Director | Profile | |
| Andrea Leroux | Director Delivery | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Dividend Share 0.5 | Earnings Share 2.09 | Revenue Per Share 32.13 | Quarterly Revenue Growth 0.437 |
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Teck Resources' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.