A new trading data show Teck Resources Ltd (TECK) is showing positive returns.

With 2.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.96 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $47.42 whereas the lowest price it dropped to was $46.69. The 52-week range on TECK shows that it touched its highest point at $54.69 and its lowest point at $34.97 during that stretch. It currently has a 1-year price target of $54.81. With its current market cap of 34.32 billion, TECK has annualized dividend of $0.37 while the current yield stands at 0.78%. Beta for the stock currently stands at 1.05.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TECK was up-trending over the past week, with a rise of 4.03%, but this was down by -4.72% over a month. Three-month performance dropped to -2.66% while six-month performance fell -5.58%. The stock gained 31.35% in the past year, while it has gained 12.58% so far this year. A look at the trailing 12-month EPS for TECK yields 0.62 with Next year EPS estimates of 1.77. For the next quarter, that number is 0.29. This implies an EPS growth rate of -52.07% for this year and -3.35% for next year. EPS is expected to decline by -6.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.70%.

Float and Shares Shorts:

At present, 509.67 million TECK shares are outstanding with a float of 506.68 million shares on hand for trading. On 2024-10-31, short shares totaled 6.55 million, which was 128.0 higher than short shares on 1727654400. In addition to Mr. Jonathan H. Price M.B.A. as the firm’s President, CEO & Director, Ms. Crystal J. Prystai serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.77771 of TECK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TECK reported revenue of $2858000000.0 and operating income of $383000000.0. The EBITDA in the recently reported quarter was $1025000000.0 and diluted EPS was -$1.45.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TECK since 13 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TECK analysts setting a high price target of 89.018 and a low target of 45.094, the average target price over the next 12 months is 67.254. Based on these targets, TECK could surge 88.56% to reach the target high and fall by -4.48% to reach the target low. Reaching the average price target will result in a growth of 42.46% from current levels.

Analysts have provided yearly estimates in a range of $3.10473 being high and $0.94082 being low. For TECK, this leads to a yearly average estimate of $2.39239. The surprise factor in the prior quarter was $0.73. Based on analyst estimates, the high estimate for the next quarter is $0.7 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.53.