Stock In Spotlight: Teck Resources Limited (NYSE:TECK)


Teck Resources Limited (NYSE:TECK) closed its last session at $30.39. The stock traded within a range of $28.07 and $30.72. The company operates in the Basic Materials sector with a market capitalization of 17.57 Million. Trading volume for Teck Resources Limited was 9.59 Million in its previous trading session. Currently, Teck Resources Limited (NYSE:TECK) has an average volume of 4.17 Million.

Company Profile

Teck Resources Limited is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. It is a world leader in the production of copper, metallurgical coal and zinc, a significant producer of gold, molybdenum and specialty metals, with interests in several oil sands development assets. Headquartered in Vancouver, Canada, the company has expertise across the full range of activities related to mining, including exploration, development, smelting, refining, safety, environmental protection, product stewardship, recycling and research. The Company is actively exploring in countries throughout the Americas, Asia Pacific, Europe and Africa. Teck Resources Limited, formerly Teck Cominco Limited, is headquartered in Vancouver, Canada.

Analyst Views

Teck Resources Limited (NYSE:TECK) received a Buy rating from 8 analysts. 3 analysts gave its stock an Outperform rating. 0 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Teck Resources Limited (NYSE:TECK) touched its 1-Year High price of $30.79 on 01/12/18 and its 1-Year Low price of $14.56 on 06/16/17.

EPS & Financials

Teck Resources Limited (NYSE:TECK) reported its EPS in the last quarter as $0.88/Share lagging the analyst estimate of $0.97/Share by a difference of $-0.09. This showed a surprise of -9.3% in the last quarter earnings.

For the current quarter, 17 analysts are projecting a mean EPS of $0.99/share. According to their observations and findings, the stock could provide a high EPS of $1.14/share and a low EPS of $0.78/share.

Analysts believe that the company has the potential to earn average revenue of $2.59 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.74 Billion and 2.37 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Teck Resources Limited (NYSE:TECK) has a 20-Day average volume of 4.67 Million. According to today’s trading volume Teck Resources Limited is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 1.4 Percent and Institutional ownership of 73.7 Percent. The return on assets stands at 6.9%, Return on Equity currently is 13.4% and the Return on Investment value is 5%.

Teck Resources Limited (NYSE:TECK) gross margin percentage stands at 39.7% while its operating margin for the past trailing twelve month is 33.4 percent and its overall profit margin (ttm) is 19.7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 5.56% with a 50-Day Simple Moving Average of 13.17 percent. As of today, the company has a SMA200 (200-day simple moving average) of 37.93 Percent. The Stock has YTD (year to date) performance of 16.13 percent.

The TTM operating margin for the company stands at 33.4%. The return on invested capital is at 5%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 6.25.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 37.93%, and has a solid year to date (YTD) performance of 16.13% which means that the stock is constantly adding to its value from the previous fiscal year end price.