| 2020 | 2021 | 2022 | 2023 (projected) | Interest Expense | 278 M | 190 M | 203 M | 230.9 M | Gross Profit | 1.33 B | 5.21 B | 8.57 B | 9.25 B |
Ownership Breakdown
| Retail Investors23.8% | Institutions75.92% |
| Retail Investors | 23.8 | |
| Insiders | 0.28 | |
| Institutions | 75.92 |
Should you hold on to your Teck Resources position?
 | By Aina Ster | Macroaxis Story |
Teck Resources (USA Stocks:TECK), a prominent player in the Basic Materials sector and Other Industrial Metals & Mining industry, recently experienced a significant dip of over 3% in its stock price. This presents an appealing entry point for value investors. Despite a negative quarterly earnings growth of 24%, the company boasts a robust operating income of $7B and a net income from continuing operations of $4.1B. With an enterprise value of $31.1B, Teck Resources exhibits a profit margin of 17.51% and a return on assets of 7.14%. The company's EPS estimate for the current quarter stands at 1.36, with a naive expected forecast value of 44.07. Analysts have given an overall consensus of 'Buy' for the stock, with 8 strong buys and 3 buys. The highest estimated target price from analysts is 59.51, indicating a possible upside price of 46.55. The company also offers a dividend per share of 0.5, adding to its attractiveness for investors. The dividend per basic common share for Teck Resources is currently quite stable compared to the previous year. The company's current dividend per basic common share is estimated at 0.83. The earnings per basic share are projected to increase to 6.80 this year, though the enterprise value is likely to decrease to approximately 22.6 billion. Today's article will delve into Teck Resources. What exactly will Teck Resources' shareholders receive in August? This article aims to highlight some fundamental factors that affect Teck Resources' products and services. Additionally, I will discuss how these factors might influence the investment outlook for Teck Resources in August.
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Rifka Kats
Over 76.0% of Teck Resources shares are held by institutional investors. The institutional ownership of Teck Resources pertains to the proportion of Teck Resources equity owned by entities such as mutual funds, pension funds, insurance companies, investment firms, foundations, or other large organizations that manage funds on behalf of others. For our latest analysis of Teck, including its current ownership structure, please visit our website.
Rigorous look
Teck Resources (USA Stocks:TECK), a leading player in the Metals & Mining industry, has recently experienced a notable dip of over 3% in its stock price, presenting a potentially attractive entry point for value investors. Despite the recent decline, the company boasts a robust EBITDA of 7.5 billion, demonstrating its strong operational efficiency and profitability. Furthermore, Teck Resources reported an impressive income before tax of 6.6 billion, further underlining its financial health. However, potential investors should also consider the company's total risk alpha of -0.35 and a standard deviation of 2.54, indicating a higher level of risk compared to the market. Despite this, the company's potential upside of 4.04 suggests that the rewards may outweigh the risks for those with a higher risk tolerance. The performance of Teck Resources Ltd in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Teck Resources' stock prices. When investing in Teck Resources, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Teck Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Teck Resources carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.And What about dividends?
A dividend is the distribution of a portion of Teck Resources earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Teck Resources dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Teck one year expected dividend income is about USD0.41 per share.
At this time, Teck Resources' Dividends Paid is quite stable compared to the past year. Dividend Yield is expected to rise to 0.02 this year, although the value of Dividend Payout Ratio will most likely fall to 0.14. | Last Reported | Projected for Next Year | ||
| Dividends Paid | 515 M | 540.8 M | |
| Dividend Yield | 0.02 | 0.02 | |
| Dividend Payout Ratio | 0.21 | 0.14 | |
| Dividend Paid And Capex Coverage Ratio | (0.63) | (0.66) |
Investing in dividend-paying stocks, such as Teck Resources Ltd is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Teck Resources must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Teck Resources. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.How important is Teck Resources's Liquidity
Teck Resources financial leverage refers to using borrowed capital as a funding source to finance Teck Resources Ltd ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Teck Resources financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Teck Resources' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Teck Resources' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Teck Resources's total debt and its cash.
What do experts say about Teck?
Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
Analysis ConsensusIs Teck Resources valued adequately by the market?
Teck Resources maintains a total of 507.2 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 about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Teck Resources (USA Stocks:TECK) recently experienced a significant drop in its stock price, falling over 3%. This may present an attractive entry point for value investors. The company has a current ratio of 1.65X, indicating a healthy short-term liquidity position.Its EPS estimate for the current year stands at 4.47, while the EPS estimate for the next quarter is projected at 1.29. Despite a quarterly revenue growth of -0.18, the company has a strong operating income of 7B and an EBITDA of 8.49B. However, it's worth noting that the company has a total debt of 10.02B. Teck Resources has a significant institutional ownership, with 75.92% of its shares owned by institutions. The company's net income for the year was 4.07B, and it has a retained earnings of 18.07B. The company's current valuation stands at 31.15B, with an enterprise value of 31.1B. Despite the recent dip, Wall Street's target price for the stock is 51.29, indicating potential upside. Given these factors, Teck Resources may offer a good value proposition for long-term investors. .
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Aina Ster do not own shares of Teck Resources Ltd. Please refer to our Terms of Use for any information regarding our disclosure principles.