Teck Resources Stock Today

TECK Stock  USD 43.92  0.84  1.95%   

Performance

2 of 100

 
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Odds Of Distress

Less than 9

 
100  
 
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Teck Resources is selling for 43.92 as of the 28th of March 2024. This is a 1.95 percent increase since the beginning of the trading day. The stock's last reported lowest price was 43.02. Teck Resources has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Teck Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
18th of July 2002
Category
Basic Materials
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada. Teck Resources operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. The company has 510.1 M outstanding shares of which 8.35 M shares are at this time shorted by private and institutional investors with about 2.33 trading days to cover. More on Teck Resources

Moving together with Teck Stock

  0.73NEXA Nexa Resources SA Financial Report 25th of April 2024 PairCorr

Moving against Teck Stock

  0.62USGOW US GoldMining WarrantPairCorr

Teck Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Teck Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Teck Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Teck Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Teck Resources' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentJonathan MBA
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NYSE Composite, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Analysts covering Teck Resources report their recommendations after researching Teck Resources' financial statements, talking to executives and customers, or listening in on Teck Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Teck Resources. The Teck consensus assessment is calculated by taking the average forecast from all of the analysts covering Teck Resources.
Teck Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Teck Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Teck Resources' financial leverage. It provides some insight into what part of Teck Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Teck Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Teck Resources deploys its capital and how much of that capital is borrowed.
Liquidity
Teck Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 11.09 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Teck Resources has a current ratio of 1.62, which is within standard range for the sector. Debt can assist Teck Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Teck Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Teck Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Teck to invest in growth at high rates of return. When we think about Teck Resources' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

4.99 Billion
Teck Resources (TECK) is traded on New York Stock Exchange in USA. It is located in Bentall 5, Vancouver, BC, Canada, V6C 0B3 and employs 12,600 people. Teck Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 22.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Teck Resources's market, we take the total number of its shares issued and multiply it by Teck Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Teck Resources conducts business under Metals & Mining sector and is part of Materials industry. The entity has 510.1 M outstanding shares of which 8.35 M shares are at this time shorted by private and institutional investors with about 2.33 trading days to cover. Teck Resources currently holds about 2.64 B in cash with 3.33 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.15.
Check Teck Resources Probability Of Bankruptcy
Ownership Allocation
Teck Resources shows a total of 510.1 Million outstanding shares. The majority of Teck Resources outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Teck Resources to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Teck Resources. Please pay attention to any change in the institutional holdings of Teck Resources as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Teck Ownership Details

Teck Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Teck Resources jumping above the current price in 90 days from now is about 5.75%. The Teck Resources probability density function shows the probability of Teck Resources stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.922. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Teck Resources will likely underperform. Additionally, teck Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 43.92HorizonTargetOdds Above 43.92
94.19%90 days
 43.92 
5.75%
Based on a normal probability distribution, the odds of Teck Resources to move above the current price in 90 days from now is about 5.75 (This Teck Resources probability density function shows the probability of Teck Stock to fall within a particular range of prices over 90 days) .

Teck Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Teck Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Teck Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Teck Resources' value.
InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2023-12-31
6.5 M
Cibc Global Asset Management Inc2023-12-31
6.4 M
Bank Of Montreal2023-12-31
5.8 M
Bmo Capital Markets Corp.2023-12-31
5.8 M
Duquesne Family Office Llc2023-12-31
5.5 M
Alliancebernstein L.p.2023-12-31
4.4 M
Norges Bank2023-12-31
4.1 M
Cibc World Markets Inc.2023-12-31
3.9 M
T. Rowe Price Associates, Inc.2023-12-31
3.8 M
Royal Bank Of Canada2023-12-31
18.8 M
Dodge & Cox2023-12-31
18.3 M
View Teck Resources Diagnostics

Teck Resources Historical Income Statement

Teck Resources Income Statement is one of the three primary financial statements used for reporting Teck's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Teck Resources revenue and expense. Teck Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Teck Resources' Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 4.3 B this year, although the value of Total Other Income Expense Net will most likely fall to (187.9 M). View More Fundamentals

Teck Stock Against Markets

Picking the right benchmark for Teck Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Teck Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Teck Resources is critical whether you are bullish or bearish towards Teck Resources at a given time. Please also check how Teck Resources' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Teck Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Teck Resources Corporate Directors

Teck Resources corporate directors refer to members of a Teck Resources board of directors. The board of directors generally takes responsibility for the Teck Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Teck Resources' board members must vote for the resolution. The Teck Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Tracey McVicarIndependent DirectorProfile
Dominic BartonDirectorProfile
Edward DowlingIndependent DirectorProfile
Takeshi KubotaIndependent DirectorProfile

How to buy Teck Stock?

Before investing in Teck Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Teck Resources. To buy Teck Resources stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Teck Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Teck Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Teck Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Teck Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Teck Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Teck Stock please use our How to Invest in Teck Resources guide.

Already Invested in Teck Resources?

The danger of trading Teck Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Teck Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Teck Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Teck Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Teck Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teck Resources Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Teck Stock please use our How to buy in Teck Stock guide.
Note that the Teck Resources information on this page should be used as a complementary analysis to other Teck Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Teck Resources' price analysis, check to measure Teck Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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Is Teck Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.794
Dividend Share
0.5
Earnings Share
3.41
Revenue Per Share
28.988
Quarterly Revenue Growth
0.308
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.