In the past week, TK stock has gone down by -7.11%, with a monthly decline of -4.17% and a quarterly plunge of -2.05%. The volatility ratio for the week is 3.56%, and the volatility levels for the last 30 days are 2.98% for Teekay Corporation Ltd The simple moving average for the past 20 days is -5.61% for TK’s stock, with a -8.23% simple moving average for the past 200 days.
Is It Worth Investing in Teekay Corporation Ltd (NYSE: TK) Right Now?
The price-to-earnings ratio for Teekay Corporation Ltd (NYSE: TK) is above average at 4.40x. The 36-month beta value for TK is also noteworthy at 0.47. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for TK is 58.62M, and at present, short sellers hold a 1.45% of that float. The average trading volume of TK on February 21, 2025 was 841.63K shares.
TK) stock’s latest price update
Teekay Corporation Ltd (NYSE: TK) has seen a decline in its stock price by -0.45 in relation to its previous close of 6.69. However, the company has experienced a -7.11% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-21 that Teekay Corporation Ltd. (NYSE:TK ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Kenneth Hvid – President, CEO & Director Christian Waldegrave – Director, Research & Commercial Performance Conference Call Participants Jon Chappell – Evercore ISI Omar Nokta – Jefferies Ken Hoexter – Bank of America Merrill Lynch Operator Welcome to the Teekay Group Fourth Quarter 2024 Earnings Results Conference Call.
Analysts’ Opinion of TK
Many brokerage firms have already submitted their reports for TK stocks, with BofA/Merrill repeating the rating for TK by listing it as a “Buy.” The predicted price for TK in the upcoming period, according to BofA/Merrill is $8 based on the research report published on October 22, 2018 of the previous year 2018.
TK Trading at -3.93% from the 50-Day Moving Average
After a stumble in the market that brought TK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.02% of loss for the given period.
Volatility was left at 2.98%, however, over the last 30 days, the volatility rate increased by 3.56%, as shares sank -4.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.72% upper at present.
During the last 5 trading sessions, TK fell by -6.97%, which changed the moving average for the period of 200-days by -13.49% in comparison to the 20-day moving average, which settled at $7.06. In addition, Teekay Corporation Ltd saw -3.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TK starting from DAVID ALFRED SCHELLENBERG, who proposed sale 27,244 shares at the price of $6.52 back on Dec 23 ’24. After this action, DAVID ALFRED SCHELLENBERG now owns shares of Teekay Corporation Ltd, valued at $177,680 using the latest closing price.
DAVID ALFRED SCHELLENBERG, the Director of Teekay Corporation Ltd, proposed sale 197,715 shares at $6.33 during a trade that took place back on Dec 20 ’24, which means that DAVID ALFRED SCHELLENBERG is holding shares at $1,252,323 based on the most recent closing price.
Stock Fundamentals for TK
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.35 for the gross margin
The net margin for Teekay Corporation Ltd stands at 0.11. The total capital return value is set at 0.19. Equity return is now at value 19.16, with 6.66 for asset returns.
Based on Teekay Corporation Ltd (TK), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 8.12. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 35.73.
Currently, EBITDA for the company is 655.14 million with net debt to EBITDA at -1.28. When we switch over and look at the enterprise to sales, we see a ratio of -0.01. The receivables turnover for the company is 9.26for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.84.
Conclusion
In summary, Teekay Corporation Ltd (TK) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
