Teck Resources Limited (NYSE: TECK) started the day on March 16, 2023, with a price increase of 1.69% at $34.21. During the day, the stock rose to $34.25 and sunk to $32.48 before settling in for the price of $33.64 at the close. Taking a more long-term approach, TECK posted a 52-week range of $24.47-$46.43.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 7.80%. Meanwhile, its Annual Earning per share during the time was 11.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 32.00%. This publicly-traded company’s shares outstanding now amounts to $512.30 million, simultaneously with a float of $504.87 million. The organization now has a market capitalization sitting at $18.26 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.71, while the 200-day Moving Average is $35.39.
Let’s gauge the efficiency of the firm, which has a total of 12100 employees. For the Profitability, stocks gross margin was +48.18, operating margin was +43.81 and Pretax Margin of +37.89.
Teck Resources Limited (TECK) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Other Industrial Metals & Mining Industry. Teck Resources Limited’s current insider ownership accounts for 1.40%, in contrast to 73.50% institutional ownership.
Teck Resources Limited (TECK) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2022, the organization reported $1.3 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $1.2) by $0.1. This company achieved a net margin of +23.61 while generating a return on equity of 16.87. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.31 per share during the current fiscal year.
Teck Resources Limited’s EPS increase for this current 12-month fiscal period is 32.00% and is forecasted to reach 5.89 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.79% through the next 5 years, which can be compared against the 11.80% growth it accomplished over the previous five years trading on the market.
Teck Resources Limited (NYSE: TECK) Trading Performance Indicators
Let’s observe the current performance indicators for Teck Resources Limited (TECK). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 1.80. Alongside those numbers, its PE Ratio stands at $6.26, and its Beta score is 1.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.46. Similarly, its price to free cash flow for trailing twelve months is now 8.44.
In the same vein, TECK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.47, a figure that is expected to reach 1.87 in the next quarter, and analysts are predicting that it will be 5.89 at the market close of one year from today.
Technical Analysis of Teck Resources Limited (TECK)
If we take a close look at the recent performances of Teck Resources Limited (NYSE: TECK), its last 5-days Average volume was 5.74 million that shows progress from its year to date volume of 4.16 million. During the previous 9 days, stock’s Stochastic %D was recorded 13.64% While, its Average True Range was 1.84.
Raw Stochastic average of Teck Resources Limited (TECK) in the period of the previous 100 days is set at 26.01%, which indicates a major rise in contrast to 17.09% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 52.03% that was higher than 47.93% volatility it exhibited in the past 100-days period.