Evaluating Teck Resources Stock Performance

Shares of Teck Resources have moved -3.3% today, and are now trading at a price of $48.78. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 2,532,554 compared to the stock's average volume of 3,238,891.

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. Based in Vancouver, Canada the company has 12,600 full time employees and a market cap of $25,277,112,320. Teck Resources currently offers its equity investors a dividend that yields 1.0% per year.

The company is now trading -16.3% away from its average analyst target price of $58.28 per share. The 10 analysts following the stock have set target prices ranging from $52.69 to $67.33, and on average give Teck Resources a rating of buy.

Over the last 52 weeks, TECK stock has risen 16.8%, which amounts to a -8.8% difference compared to the S&P 500. The stock's 52 week high is $55.13 whereas its 52 week low is $34.38 per share. With its net margins declining an average -7.8% over the last 6 years, Teck Resources may not have a strong enough profitability trend to support its stock price.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 15,011,000 2,308,000 15 -21.05
2022 17,316,000 3,298,000 19 -17.39
2021 12,766,000 2,915,000 23 309.09
2020 8,948,000 -944,000 -11 -120.0
2019 11,934,000 -588,000 -5 -120.0
2018 12,564,000 3,145,000 25
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.