Facts You Need to Understand Teck Resources Stock

Large-cap Industrials company Teck Resources has moved 1.0% so far today on a volume of 1,491,769, compared to its average of 3,712,439. In contrast, the S&P 500 index moved -0.0%.

Teck Resources trades -15.42% away from its average analyst target price of $49.17 per share. The 11 analysts following the stock have set target prices ranging from $44.41 to $59.22, and on average have given Teck Resources a rating of buy.

Anyone interested in buying TECK should be aware of the facts below:

  • Teck Resources has moved 10.3% over the last year, and the S&P 500 logged a change of 22.5%

  • Based on its trailing earnings per share of 3.15, Teck Resources has a trailing 12 month Price to Earnings (P/E) ratio of 13.2 while the S&P 500 average is 15.97

  • TECK has a forward P/E ratio of 9.2 based on its forward 12 month price to earnings (EPS) of $4.51 per share

  • The company has a price to earnings growth (PEG) ratio of -0.74 — a number near or below 1 signifying that Teck Resources is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 0.8 compared to its sector average of 4.06

  • Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America.

  • Based in Vancouver, the company has 12,100 full time employees and a market cap of $21.31 Billion. Teck Resources currently returns an annual dividend yield of 1.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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