The price-to-earnings ratio for Teck Resources Ltd (NYSE: TECK) is above average at 70.10x, Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for TECK is 511.46M, and currently, short sellers hold a 1.18% ratio of that floaft. The average trading volume of TECK on January 22, 2025 was 2.63M shares.
TECK) stock’s latest price update
Teck Resources Ltd (NYSE: TECK)’s stock price has increased by 1.34 compared to its previous closing price of 43.16. However, the company has seen a 3.58% increase in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-21 that VANCOUVER, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today provided select unaudited fourth quarter 2024 production and sales volumes, annual production volumes for 2024, as well as operational and capital guidance for 2025 and production guidance for 2026 to 2028.
TECK’s Market Performance
Teck Resources Ltd (TECK) has seen a 3.58% rise in stock performance for the week, with a 3.92% gain in the past month and a -13.39% plunge in the past quarter. The volatility ratio for the week is 2.77%, and the volatility levels for the past 30 days are at 2.46% for TECK. The simple moving average for the last 20 days is 5.28% for TECK stock, with a simple moving average of -7.52% for the last 200 days.
Analysts’ Opinion of TECK
Deutsche Bank gave a rating of “Hold” to TECK, setting the target price at $50 in the report published on October 25th of the previous year.
TECK Trading at -1.05% from the 50-Day Moving Average
After a stumble in the market that brought TECK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.02% of loss for the given period.
Volatility was left at 2.46%, however, over the last 30 days, the volatility rate increased by 2.77%, as shares surge +9.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.35% lower at present.
During the last 5 trading sessions, TECK rose by +3.58%, which changed the moving average for the period of 200-days by -8.61% in comparison to the 20-day moving average, which settled at $41.55. In addition, Teck Resources Ltd saw 7.92% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TECK
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.27 for the gross margin
The net margin for Teck Resources Ltd stands at 0.03. The total capital return value is set at 0.06. Equity return is now at value 1.68, with 0.88 for asset returns.
Based on Teck Resources Ltd (TECK), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 2.82.
Currently, EBITDA for the company is 5.88 billion with net debt to EBITDA at 0.47. When we switch over and look at the enterprise to sales, we see a ratio of 2.31. The receivables turnover for the company is 6.53for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.92.
Conclusion
In a nutshell, Teck Resources Ltd (TECK) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
